Prabhudas Lilladhar suggests buying Bank of India

Bank of India raised tier-I capital of Rs 13.6 billion through qualified institutional placement, which was subscribed 1.8 times in the current weak market scenario. The capital raised will help the bank meet Basel II requirements and maintain the current business growth momentum.The capital raised will also support its life insurance venture with Dai-Ichi Mutual [...]

Author: Austin Comments: 0 comments Date: 17 Feb 2008 More: Read more
Categories: Stock Calls Tags: , ,