Bank of India signs MOU with Indian Air Force for Rakshak Salary Package

Bank of India, one of India’s leading public sector banks, announced the signing of a Memorandum of Understanding (MoU) with the Indian Air Force to extend the BOI Rakshak Salary Package to Air Force Personnel, Veterans and Agniveers (recruited under the Agnipath Scheme). The MoU covers special benefits including enhanced free comprehensive Personal Accident Insurance […]

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Bharti Airtel prepays an additional Rs. 5,985 crores of high-cost spectrum liabilities and voluntarily redeems $1 billion in perpetual debt securities

  Fully clears high-cost debt pertaining to the 2024 auctions that carried interest rates of 8.65% Cumulative prepayment of Rs 66,665 crores of spectrum liabilities as on date, fully clearing all liabilities with interest rates at 10%,9.75%, 9.3% and 8.65% Prepayments made approximately 7 years ahead of average residual maturities Residual spectrum liabilities (ex AGR) […]

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