The Bank of India (BoI) is looking forward to raise its Tier II capital, a secondary bank capital including undisclosed reserves and subordinated term debt. The plans have encouraged the bank to revalue its fixed assets.
Revaluing the assets will help the bank to ensure its fair market value and fixed assets such as properties. The board of directors of Bank of India (BoI) will have a meet on Thursday and revalue identified fixed assets. They will also give a thorough consideration on the incre....
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