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Bank of India invites bids for stake sale in three associate companies

Updated : September 21, 2018 02:08 PM IST

Earlier this week, BoI said it was looking to raise nearly Rs 1,000 crore through stake sale in some of its non-core assets and real estate properties.
The bank had earlier said it expects to raise around Rs 800 crore through sale of its stake in STCI Finance and in SIDBI, by the third quarter of 2018-19.
The lender has also lined up some of its real estate assets to sell and expects to raise nearly Rs 200 crore through the sale.
Bank of India invites bids for stake sale in three associate companies

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