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Latest Articles in bank of india

BoB, BoI Reduce MCLR Across Tenors

Bank of Baroda reduced the one-year marginal cost of funds based lending rates (MCLR) by 5 basis points to 8.25% while overnight and one-month MCLR were reduced by 20 basis points to 7.65 %.

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Bank Of India Post Rs 266 Crore Profit In Q2

The bank had posted a loss of Rs 1,156.25 crore in the July-September quarter last fiscal.

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Bank Of India Net Jumps Two-fold To Rs 243 Cr In Q1; Net NPAs Down At 6%

Total income of the bank rose to Rs 11,526.95 crore during the quarter, as against Rs 10,631.02 crore.

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Bank Of India Post Rs 252 Crore Profit In Q4

Total income in three months to March grew to Rs 12,417.08 crore, as against Rs 9,596.86 crore.

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Bank Of India Posts Quarterly Loss As Bad Loan Provision Jumps

Net loss was 11.56 billion rupees ($158.43 million) for the three months ended Sept. 30, compared with a profit of 1.79 billion rupees a year earlier

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Winning Stroke: Interview with Sheshi Pandit, Ex Chief Manager of Bank Of India

In an interview, Sheshi Pandit , Ex Chief Manager of Bank Of India, tells about the life post retirement, and her take on the management of skilled workforce as a leader

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Bank Of India Slashes Interest To 3.5% For Deposits Up To Rs 50 Lakh

BOI said customers maintaining savings bank balance up to Rs 50 lakh will get 3.5 per cent while those maintaining above Rs 50 lakh will continue to earn an interest of 4 per cent per annum

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Cabinet Approves Plans To Merge Some State-Run Banks: Reports

Finance Minister Arun Jaitley is due to brief media on the outcome of the cabinet meeting at 1500 IST (0930 GMT), a government spokesman said, without giving details

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Bank Of India Swings To First Quarter Profit, Bad Loans Fall

Net profit was Rs 877.1 million in the quarter ended June 30, compared with a loss of Rs 7.41 billion a year earlier

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Bank of India Expects To Return To Black In Q2

As per RBI norms, the bank was supposed to be under threshold one of prompt and corrective action (PCA).

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Bank Of India Posts Q4 Loss Of Rs 10.46 Billion

Bank of India reported a fourth-quarter net loss of Rs 10.46 billion ($162.08 million) as provisions for bad loans remained high

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Bank Of India Sees Further Improvement In Bad Loans In Q4

Bank of India Ltd does not expect any additional bad loans in the current quarter on a net basis, its chief said on Thursda, as India's sixth-biggest lender by assets reported its second consecutive quarter of profit after a stretch of losses

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SS Mundra Downplays Money Deposit Issue On Zero-balance Accounts

The banks are investigating from their branches whether account holders have put in money or business correspondents have done it

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Bank Of Baroda Q1 Profit Plunges 60 Per Cent As Bad Loans Rise

Gross bad loans as a percentage of total loans rose to 11.15 per cent as of end-June from 9.99 per cent three months earlier

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Bank Of India Posts Rs 3,587 Crore Net Loss In Fourth Quarter

Bank of India, India's third biggest state-run lender by assets, reported a fourth-quarter loss of Rs 3,587 crore as it set aside more money to cover a surge in bad loans

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