Latest News | Bank of India Infuses Rs 19.2 Cr in Its Mutual Fund Arm

New Delhi, Dec 19 (PTI) State-owned Bank of India (BoI) on Tuesday said it has infused Rs 19.2 crore in its mutual fund arm Bank of India Investment Managers Pvt Ltd.

Bank of India Investment Managers Pvt Ltd is 100 per cent subsidiary of BoI, the bank said in a regulatory filing.

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However, the bank did not disclose the reason for capital infusion into the mutual fund arm.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)