
The bank’s provisions increased by 461% to Rs 1,879 crore in Q3FY23.
Indications are in the favour of further consolidation in the index but the tone would remain positive till Nifty upholds…
Amid rising interest rates, two lenders – Bank of India and Bank of Maharashtra – have slashed their home loan…
A copy of the petition filed before the NCLT, under Section 7 of the Insolvency and Bankruptcy Code, has been…
The bank’s year-to-date (YTD) loan growth stood at about 5 per cent mainly driven by Retail sector advances, Agricultural and…
The bank’s capital adequacy ratio stood at 15.61% as of June 30 against 15.07% the year ago with tier-I capital…
The RBI’s monetary policy committee (MPC) is scheduled to meet from August 3-5.
Customers can now open NPS (National Pension System) account in a hassle-free and paperless manner by scanning a QR code,…
The bank is also planning to contain funding costs by improving its current account, savings account (CASA) ratio. As of…
The bank made provisions of Rs 1,541 crore, which were lower by 4% on year. The state-owned lender’s pre-provisioning profits…
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…
The beleaguered retailer is at the centre of an ongoing legal dispute with Amazon over asset sales deal with Reliance…
Earlier this month, Punjab & Sind Bank got board approval to raise equity capital worth Rs 4,600 crore by issuing…
The management at PNB attributed the bank’s poor operational performance to the impact of a standstill on bad-loan recognition in…
Nifty futures were trading 27.50 points or 0.15 per cent up at 17,948.50 on Singaporean Exchange, suggesting a positive start…
Interested bidders have to submit their expressions of interest by July 30. It may be extended from time to time,…
Nifty futures were trading at 14,856, up 110 points or 0.75 per cent, on Singaporean Exchange, suggesting a gap-up opening…
S&P Global Ratings on Monday downgraded the long-term issuer credit rating on public sector lender Bank of India (BoI) to…
Recovery of bad loans has become the first priority for Bank of India (BoI), as the lender has formed a…
S&P Global Ratings has lowered its long-term issuer credit rating on Bank of India (BoI) to ‘BB+’ from ‘BBB-‘ because…
Bank of India (BOI) reported net loss (Rs 35.9 billion) for the fifth consecutive quarter on adjusted basis. Continued weakness…
Public sector lender Bank of India (BoI) on Tuesday reported a net loss of R3,587 crore in the March quarter…
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