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Bank of India to raise Rs 204 crore by issuing shares to LIC. The shareholders at the extra ordinary general meeting held today approved to allotment of 1. 75 crore shares on preference basis to LIC at Rs 116. Indiabulls Housing Fin raises Rs 485 crore via NCDs. The company had in November last year announced its plan to raise up to Rs 6,000 crore through issue of secured, redeemable and non-convertible debentures. 25 billion people in a common ma.