INSUBCONTINENT EXCLUSIVE:
NEW DELHI: State-owned Bank of India (BoI) on Tuesday said it has raised Rs 660.80 crore by issuing shares to employees under Employee Share
The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees, BoI said in a statement
It offered a discount of 24.28 per cent on the applicable price to the employees and about 94.70 per cent of total employees participated
These shares are issued with a lock-in period of one year, it added.
