In a recent address at the ‘IIMK-NSE Annual Conference on Macroeconomics, Banking & Finance’, Rajneesh Karnatak, the Managing Director and Chief Executive Officer of Bank of India, proposed that the government consider reducing its equity holdings in public sector banks (PSBs)

Bank of India is pursuing its first dollar-denominated syndicated loan in over a decade, aiming to raise $400 million to enhance its lending capabilities.