Categories: Banking

NARCL received a Rs 108.81 crore investment from Bank of India

On March 21, the Bank of India (BoI) announced a Rs 109 crore investment in National Asset Reconstruction Company Ltd. (NARCL). In a regulatory statement, the bank stated, “We thus announce that on March 21, 2022, the bank invested Rs 108.81 crore in National Asset Reconstruction Company Ltd (NARCL) under preferential share issue.”

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • As of March 21, 2022, the bank’s stake in NARCL will be nine per cent. NARCL is a government-backed asset reconstruction firm that was founded in July 2021.
  • On the BSE, BoI shares closed at Rs 47.50 per share, down 1.14 per cent from the previous close.

Find More Banking News Here

Shaktikanta Das lays Foundation Stone of Learning and Development Centre of BRBNMPL in Mysuru_90.1Shaktikanta Das lays Foundation Stone of Learning and Development Centre of BRBNMPL in Mysuru_90.1

AddThis Website Tools
Madhavi Gaur

Recent Posts

March 2025 Current Affairs PDF: Latest News & Exam-Ready Updates

Welcome to the March 2025 edition of the Monthly PDF - your one-stop resource for…

42 mins ago

Which Country is Known as the Country of Copper?

Many countries are famous for producing different natural resources that help their economies grow. Some…

1 hour ago

Rajnigandha Achievers Winner Of Aditya Birla Memorial Polo Cup 2025

The Aditya Birla Memorial Polo Cup 2025 culminated in a thrilling final, with the Rajnigandha…

1 hour ago

Swaminathan S. Iyer Appointed as Whole-Time Member (Life) of IRDAI

The Government of India has approved the appointment of Swaminathan S. Iyer as a whole-time…

1 hour ago

PM Laid Various Initiative in Bilaspur, Chhattisgarh

On March 30, 2025, Prime Minister Narendra Modi laid the foundation stone and inaugurated development…

2 hours ago

Important Days in April 2025, List of National and International Events

April 2025 has many important national and international days. These days help us remember historical…

2 hours ago