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Bank Of India News

The bank’s provisions increased by 461% to Rs 1,879 crore in Q3FY23.

January 18, 2023 00:15 IST

stocks to watch, stocks in focus, ndtv, spicejet

HAL, Inox Green Energy, NDTV, SpiceJet, SJVN, Bank of India, M&M Finance, Godrej Properties stocks in focus

Indications are in the favour of further consolidation in the index but the tone would remain positive till Nifty upholds…

December 5, 2022 07:04 IST

Home loan interest rate cut! Two banks offering cheaper loans than SBI and HDFC this festive season

Amid rising interest rates, two lenders – Bank of India and Bank of Maharashtra – have slashed their home loan…

October 19, 2022 17:04 IST

bank of india Future Lifestyle Fashions case

Bank of India moves NCLT against Future Lifestyle Fashions, files insolvency plea

A copy of the petition filed before the NCLT, under Section 7 of the Insolvency and Bankruptcy Code, has been…

August 30, 2022 15:33 IST

Bank of India sees 10-12 pc growth in advances in current fiscal

The bank’s year-to-date (YTD) loan growth stood at about 5 per cent mainly driven by Retail sector advances, Agricultural and…

August 14, 2022 12:54 IST

Bank of India Q1 profit falls 22% to Rs 561 crore

The bank’s capital adequacy ratio stood at 15.61% as of June 30 against 15.07% the year ago with tier-I capital…

August 3, 2022 00:10 IST

ICICI Bank, Bank of India hike MCLR ahead of RBI policy

The RBI’s monetary policy committee (MPC) is scheduled to meet from August 3-5.

Updated: August 2, 2022 00:50 IST

Bank of India with PFRDA launches platform for opening NPS account via mobile phone

Customers can now open NPS (National Pension System) account in a hassle-free and paperless manner by scanning a QR code,…

July 15, 2022 21:10 IST

The bank’s corporate loan portfolio remained in the range of Rs 1.22-1.29 trillion in the four quarters of FY22.

Bank of India to focus on retail, agri, MSME for loan growth in FY23

The bank is also planning to contain funding costs by improving its current account, savings account (CASA) ratio. As of…

June 21, 2022 17:50 IST

BoI Q4 net jumps 142% on better asset quality

The bank made provisions of Rs 1,541 crore, which were lower by 4% on year. The state-owned lender’s pre-provisioning profits…

Updated: May 25, 2022 08:35 IST

Bank of India net profit jumps over two-fold to Rs 606 crore in March quarter

The total standalone income during the January-March quarter of 2021-22 rose to Rs 11,443.46 crore against Rs 11,155. 53 crore…

May 24, 2022 14:23 IST

Amid the legal battle between the Future Group, Amazon and Reliance Retail, bankers continue to bet on Reliance taking over the Future Group’s assets with the offered amount of over Rs 24,000 crore.

Insolvency plea filed over payment default: Bank of India moves NCLT against Future Retail

The beleaguered retailer is at the centre of an ongoing legal dispute with Amazon over asset sales deal with Reliance…

April 15, 2022 05:16 IST

Centre to provide capital support mostly to weak public sector banks

Earlier this month, Punjab & Sind Bank got board approval to raise equity capital worth Rs 4,600 crore by issuing…

February 27, 2022 15:15 IST

Public sector banks see operating profit decline in Q3FY22

The management at PNB attributed the bank’s poor operational performance to the impact of a standstill on bad-loan recognition in…

February 16, 2022 00:30 IST

Bharti Airtel, SBI, Eicher Motors, Bank of India, Union Bank, Dabur India, HPCL stocks in focus

Nifty futures were trading 27.50 points or 0.15 per cent up at 17,948.50 on Singaporean Exchange, suggesting a positive start…

November 3, 2021 08:39 IST

The investors should also not been debarred or restrained by the Reserve Bank of India or any other regulatory authority from making investments in India.

Three PSBs – Union Bank, Bank of India and Indian Bank – to divest stakes in ASREC (India)

Interested bidders have to submit their expressions of interest by July 30. It may be extended from time to time,…

July 16, 2021 05:00 IST

Stocks in focus: Indian Overseas Bank, Future Enterprises, Central Bank, UCO Bank, Axis Bank, Adani Green, HAL

Nifty futures were trading at 14,856, up 110 points or 0.75 per cent, on Singaporean Exchange, suggesting a gap-up opening…

April 1, 2021 08:50 IST

S&P’s harsh reality check

S&P Global Ratings on Monday downgraded the long-term issuer credit rating on public sector lender Bank of India (BoI) to…

May 31, 2016 07:19 IST

Bad loan recovery top priority for Bank of India

Recovery of bad loans has become the first priority for Bank of India (BoI), as the lender has formed a…

May 31, 2016 07:19 IST

S&P Global Ratings lowers long-term issuer credit rating on Bank of India

S&P Global Ratings has lowered its long-term issuer credit rating on Bank of India (BoI) to ‘BB+’ from ‘BBB-‘ because…

Updated: May 30, 2016 22:12 IST

Maintain neutral on Bank of India with target of `85: Motilal Oswal

Bank of India (BOI) reported net loss (Rs 35.9 billion) for the fifth consecutive quarter on adjusted basis. Continued weakness…

Updated: May 26, 2016 08:09 IST

Bank of India loss widens to R3,587 cr as provisions soar

Public sector lender Bank of India (BoI) on Tuesday reported a net loss of R3,587 crore in the March quarter…

May 25, 2016 07:44 IST

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Bank Of India Photos

From Bank of India to DCB Bank, check out the top 10 midcap losers of 2015

Midcap stocks are set to end the year 2015 with gains of over 6 per cent. The Nifty Midcap 100…

December 31, 2015 15:44 IST

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