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Bank of India receives Rs 2,257 crore from government

<p>Public sector lender Bank of India on Saturday said it has received a capital infusion Rs 2,257 crore from the government</p>

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Public sector lender Bank of India on Saturday said it has received a capital infusion Rs 2,257 crore from the government.

"The bank has on December 29 received an infusion of Rs 2,257 crore from Government of India in form of common equity tier-1 capital, which is being kept as share application money and would be alloted after due procedure/conditions for allotment," the bank said in a regulatory filing to the BSE.

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