Bank of India holds virtual investor meeting with Millennium Partners

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Bank of India held a virtual one-to-one meeting with Millennium Partners
  • The interaction took place on September 7, 2026
  • Only public domain information was shared during the call
  • No unpublished price-sensitive information was disclosed
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*this image is generated using AI for illustrative purposes only.

Bank of India held a one-to-one virtual investor meeting with Millennium Partners on September 7, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The bank stated that only information available in the public domain was shared during the interaction. No unpublished price-sensitive information was disclosed to the investor.

Regulatory Compliance

The disclosure was issued pursuant to Regulation 30 read with Sl. No. 15 of Para A of Schedule-III and Regulation 46(2)(o) of the SEBI (LODR) Regulations, 2015. Usha Ramsinghani, Company Secretary, signed the filing on behalf of the bank.

Historical Stock Returns for Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-3.45%-0.71%-10.35%+19.16%0.0%

How might increased engagement with global asset managers like Millennium Partners influence Bank of India's foreign institutional investor base in the coming quarters?

Given the strict adherence to SEBI LODR regulations, does this signal a broader shift in Bank of India's investor relations strategy to prioritize transparency and compliance?

What specific public domain metrics or strategic initiatives did Millennium Partners likely focus on during the meeting, and how do these align with the bank's current digital transformation goals?

Bank of India exercises call option on 7.14% Tier II bonds

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • Bank of India exercises call option on 7.14% Tier II Bonds Series XV
  • Record date for redemption fixed at September 15, 2026
  • Final payment of principal and interest due on September 30, 2026
  • Bond series was originally issued in September 2021
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*this image is generated using AI for illustrative purposes only.

Bank of India has exercised its call option on the 7.14% Tier II Bonds Series XV, fixing September 15, 2026, as the record date for redemption.

The bank notified stock exchanges on September 3, 2026, regarding the decision to redeem the bonds issued in September 2021. The action aligns with Regulation 15(7) of the SEBI (Issue & Listing of Non-Convertible Securities) Regulations 2021 and Regulation 60 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Notices were also published in newspapers on September 4, 2026.

Bond Details

The Series XV bonds were originally issued on September 30, 2021, pursuant to an information memorandum dated September 29, 2021. The instruments carry a coupon rate of 7.14% per annum, payable annually.

Feature Detail
Instrument Tier II Bonds Series XV
Coupon Rate 7.14% p.a.
Issue Date September 30, 2021
Call Option Date September 30, 2026
Record Date September 15, 2026

Redemption Terms

Upon payment of the principal amount and broken period interest to bondholders on record as of September 15, 2026, the bank’s liability towards these securities will cease. The final payment is scheduled for September 30, 2026, coinciding with the call option maturity date.

Historical Stock Returns for Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-3.45%-0.71%-10.35%+19.16%0.0%

How will the redemption of these Tier II bonds impact Bank of India's overall capital adequacy ratio and funding costs?

Will Bank of India issue new debt instruments to replace the redeemed capital, and if so, what coupon rates might be expected given current market conditions?

What does this call option exercise signal about the bank's current liquidity position and confidence in its future earnings capacity?

More News on Bank of India

1 Year Returns:+19.16%