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Latest Articles in bank of india
India Shortlists Four Banks For Potential Privatisation
The government is considering mid-sized to small banks for its first round of privatisation to test the waters. In the coming years it could also look at some of the country's bigger banks
Read MoreBank Of India Q3 Net Profit Jumps Over Five-Fold To Rs 540.72 Cr
On the asset front, gross bad loans or non-performing assets (NPA) fell to 13.25 per cent of gross advances at the end of December 2020 as against 16.30 per cent in the year-ago period.
Read MoreBoI reports divergence of Rs 63 crore in gross NPAs
BoI reports divergence of Rs 63 crore in gross NPAs
Read MoreMoody's cracks down on five Indian public sector banks
Moody's cracks down on five Indian public sector banks
Read MoreBank Of India Clocks Q1 Net Profit Of Rs 844 Cr On Lower Provisions
Net interest income in Q1 FY21 was down marginally to Rs 3,481 crore from Rs 3,485 crore in Q1 FY20. Pre-provision operating profit increased to Rs 2,845 crore from Rs 2,271 crore in the same period last year.
Read MoreBank Of India Suffers A Loss Of Rs 3,571 Crore In Q4 On Bad Debts
The global net interest margin stood was flat at 2.9 for Q4 FY20 while the cost to income ratio reduced from 59 per cent in Q4 FY19 to 51.6 per cent in Q4 FY.
Read MoreFitch Revises Outlook On 9 Indian Banks' IDRs To Negative
They are Export-Import Bank of India (EXIM), State Bank of India, Bank of Baroda, Bank of Baroda (New Zealand) Ltd, Bank of India, Canara Bank, Punjab National Bank, ICICI Bank and Axis Bank.
Read MoreBoB, 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 %.
Read MoreBank 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.
Read MoreBank 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.
Read MoreBank 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.
Read MoreBank 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
Read MoreWinning 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
Read MoreBank 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
Read MoreCabinet 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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