EXCLUSIVE
Bank of India to raise up to INR 50 bln via Basel III compliant debt by Dec - MD
This story was originally published at 16:36 IST on 29 October 2025
Register to read our real-time news.Informist, Wednesday, Oct. 29, 2025
By Krity Ambey and Kabir Sharma
MUMBAI – Bank of India plans to raise up to INR 50 billion through Basel III-compliant Tier I and Tier II bonds by December, its Managing Director and Chief Executive Officer Rajneesh Karnatak said. The bank's board has already approved raising up to INR 250 billion from the debt market in 2025–26 (Apr–Mar).
Of the INR 250 billion, the bank has approval to raise INR 200 billion through long-term infrastructure bonds and the remaining INR 50 billion through Basel III-compliant bonds. The bank is yet to finalise the timeline for the issuance of infrastructure bonds, Karnatak told Informist on the sidelines of Business Standard's BFSI Insight Summit.
Bond market activity of Indian public sector banks has been subdued this fiscal. So far in the year, only State Bank of India has raised INR 75 billion through debt securities.
In the last fiscal year, Bank of India raised INR 152 billion from the debt market, including INR 127 billion through infrastructure bonds. The bank's capital adequacy ratio, which was 17.77% at the end of FY25, has declined to 16.69% as of Sept. 30.
In the September quarter, Bank of India reported a modest rise in net profit, offset by a decline in net interest income. The state-owned bank's profit was INR 25.55 billion in the latest quarter, up 8% on year. Since announcing its quarterly results on Oct.17, the bank's shares have climbed 14%. On Wednesday, its shares ended at INR 140.77 on the National Stock Exchange, down 0.2% from the previous close. End
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
