Bank of India

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 ‘BB+’ from ‘BBB-’, but said that its outlook was stable.

S&P’s harsh reality check

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 separate recovery division so that non-performing assets on the book do not start aging and attract higher provisions, ma

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 of continued pressure on asset quality, given the tough operating conditions for the corporate sector in In

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

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 in asset quality and core PPoP (-46% y-o-y; -33% q-o-q) marred overall performance.

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

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 of FY16, compared with a loss of R56.14 crore in the same period last year. The loss widened as provisions more than

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

Bank of India Q2 net loss at Rs 1,126.24 cr

Bank of India (BoI) has posted a net loss of R1,126.24 crore in the quarter-ended September compared to a net profit Rs 786 crore in the corresponding quarter last year even as provisions more than tripled.

Bank of India posts Rs 1,126.24 cr loss for July-September

State-run Bank of India today posted a net loss of Rs 1,126.24 crore for the second quarter ending September 30, mainly due to high provisioning for bad loans.

Bank of India cuts base rate by 25 bps to 9.70 pct

Following the repo rate cut by the Reserve Bank, public sector lender Bank of India this evening announced reduction in its minimum lending...

Bank of India cuts base rate by 25 bps to 9.70 pct

After inking a first, FinMin says no more hiring from private sector for PSB top jobs

Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry today said further such hiring of CEO and managing directors in banks would be from existing public sector talen

After inking a first, FinMin says no more hiring from private sector for PSB top jobs

Bank of India net tumbles 84% on higher provisions

Bank of India (BoI) on Tuesday reported an 84% drop in its net profit to R129.72 crore for Q1FY16 on the back of higher provisioning.

Early birds show PSBs to cringe in NPA pain

As Q1 results trickle in, asset quality issues seen chipping away bank's profits

Bank of India Q1 Net plummets 84% on higher bad loan provisioning

Bank of India (BoI) today reported a 84 per cent decline in net profit at Rs 129.72 crore in the April-June quarter of the current fiscal.

Bank of India Q1 Net plummets 84% on higher bad loan provisioning

Bank of India to raise Rs 6,000 crore from bonds 

State-owned Bank of India (BoI) plans to raise Rs 6,000 crore from Tier I and II bonds to fund its business growth.

Bank of India to raise Rs 6,000 crore from bonds 

Bank of India to mop up Rs 6,000 cr via bonds

Bank of India (BoI) is looking to raise up to Rs 6,000 crore through Tier-I or Tier-II bonds, apart from issuing 26 crore equity shares of the face value of Rs 10 each.

BoI credit profile to remain weak for a year: S&P

Public sector lender Bank of India's credit profile is likely to stay weak for next one year and its standalone credit rating is unlikely...

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