Bank of India has officially announced the outcome of its Board Meeting held on April 30, 2026, where the directors approved a significant capital raising plan. The bank intends to raise up to Rs. 7,500 Crore through the issuance of Basel-III compliant Tier-I and Tier-II Bonds during the FY 2026-27 period. Specifically, the board has authorized Rs. 2,500 Crore in Tier-I bonds and Rs. 5,000 Crore in Tier-II bonds to strengthen its capital base.

The Bank of India is one of India’s leading public sector banks with a significant global presence and a vast domestic network. Throughout 2025, the bank has focused on digital transformation and expanding its credit portfolio in retail and MSME sectors. Recent news from 2025 indicates the bank has been active in enhancing its capital adequacy ratios to support long-term credit growth. While the bank primarily operates through its branch network, it frequently receives mandates for government-sponsored financial inclusion schemes and has been recognized for its role in supporting the Indian stock market’s financial infrastructure.

Bank of India has shown resilient performance in its recent financial updates. For the quarter ended December 2025, the bank reported steady growth in its Net Interest Income (NII) and a reduction in Gross Non-Performing Assets (GNPA). The total revenue for the last reported quarter of 2025 showed a year-on-year increase driven by healthy credit off-take. Notably, prominent institutional investors, including the Life Insurance Corporation of India (LIC), continue to hold significant stakes in the bank, reflecting confidence in its recovery and growth trajectory.