Bank of India QIP: Bank of India QIP sees strong demand, subscribed 4.5 times
State owned Bank of India (BoI)’s capital raise via a qualified institutional placement (QIP) to investors has received strong demand with large domestic and foreign investors lining up cash ensuring that the bank has received bids worth close Rs18,000 crore before subscription was closed this morning. Pinebridge Capital Investments, Morgan Stanley Invesment Management, Millennium LLC, … Read more
