Bond mkt actions
Key highlights:

Bank of India raises Tier II Bonds
HDFC ltd takes Rs3000cr via T-bill linked coupon rate
3 month CPs: NTPC to raise at 3.54% & Chennai Petro to raise at 3.58%

NCDs
#BankofIndia_IN takes Rs1800cr at 7.14% via 10 year Tier II bonds

#JustIn | #BankofIndia_IN appoints Mukesh M Chitale & co as a statutory auditor in place of Chaturvedi & Co.

V Sankar Aiyar & Co & Laxmi Tripti & Associates will continue as statutory auditors of the bank

#FY24 credit growth seen at 11-12%, pipeline robust for loan growth. Board approved fund raising of ₹6,500 cr. Restructured book has seen lower slippages, says #BankOfIndia to CNBC-TV18

#BankofIndia to hike lending rates by 5 bps across tenures w.e.f. June 1, 2023

#MMTC | Arm MTPL Singapore gets default notices of $11.5 m from 3 banks including #IOB, #UCOBank, #BankOfIndia

#BankOfIndia Q2 business update 👇

*Total Deposits up 10.2% YoY at ₹7.03 lk cr Vs ₹7.75 lk cr

*Gross Advances up 14.4% YoY at ₹5.43 lk cr Vs ₹6.21 lk cr