Bank Of India Boi
Business  /  Published 16.07.22

Bank of India clears plan to raise capital

State-owned Bank of India on Saturday said its shareholders have approved a proposal to raise up to Rs 2,500 crore fresh equity capital through various modes. The decision was taken at the bank&rsquo...
By PTI in New Delhi

Business  /  Published 23.04.22

Future lenders vote against Reliance deal

The secured creditors of Future Retail Ltd (FRL) have voted against the group’s plan to sell its retail and other assets to Reliance Retail, putting the Kishore Biyani-company's Rs 24,713-cr...
By Our Special Correspondent in Mumbai

Business  /  Published 15.04.22

Future Retail hauled into IBC process

Public sector lender Bank of India has moved the National Company Law Tribunal (NCLT) seeking the initiation of proceedings under the Insolvency & Bankruptcy Code (IBC) against Future Retail Ltd a...
By PTI in New Delhi

Business  /  Published 20.02.22

FRL pays off $14m bond dues

Future Retail Ltd (FRL) has paid $14 million (around Rs 104.55 crore) as interest due on the dollar-denominated notes (USD Notes) listed on the Singapore Stock Exchange. The debt-ridden firm had misse...
By Our Special Correspondent


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