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Latest Articles in bank of india

RBI Imposes Penalty On BOI And Federal Bank

A penalty of Rs 70 lakh has also been imposed on Bank of India for non-compliance with certain provisions of Know Your Customer

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Bank Of India Reports Rs 606 Cr Of Net Profit While NII Rose 16.9%

The operating profit went up by 31.85 per cent YoY from Rs 1,870 crore in Q4FY21 to Rs 2,466 crore in Q4FY22

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Bank Of India Initiates Insolvency Proceedings Against Future Retail

Earlier this month, FRL had reported a default of ₹ 5,322.32 crore to its lenders on account of the ongoing litigations with e-commerce major Amazon and other related issues

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Bank Of India Sep Quarter Profit Soars Nearly 100% To Rs 1,051 Crore

The bank had posted net profit of Rs 526 crore in the same period a year ago.

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Bank Of India Cuts Home, Vehicle Loan Rates

The lender said it has also waived processing charges for both home and vehicle loans till December 31, 2021.

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LIC Picks Up Nearly 4% Stake In Bank Of India Through Open Market Transaction

In the qualified institutional placement (QIP), which closed on August 30, LIC picked up the biggest chunk by acquiring nearly 39.22 per cent (15,90,07,791 shares) of the equity shares offered in the issue.

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State-Owned Banks Getting Ready For Privatisation May Come Out With VRS

Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.

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RBI Imposes Penalty On BoI, PNB Totalling Rs 6 Cr

The bank had also conducted a review and submitted a Fraud Monitoring Report (FMR) dated January 1, 2019 pertaining to detection of fraud in an account.

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Bank Of India Logs Profit Of Rs 250 Cr In Q4

Total income during March quarter 2020-21 was down at Rs 11,379.84 crore as against Rs 12,215.78 crore in the year-ago period.

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Bank Of India EGM Next Week To Seek Shareholders' Nod For Preference Shares To Govt

Bank of India said it has been growing very diligently and cautiously for the last many years and there is a constant requirement to augment capital.

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All About Privatization of PSBs

The Finance Minister’s budget speech did include the paragraphs regarding the government's intent to undertake the privatization of select PSBs.

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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

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Bank 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.

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BoI reports divergence of Rs 63 crore in gross NPAs

BoI reports divergence of Rs 63 crore in gross NPAs

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Moody's cracks down on five Indian public sector banks

Moody's cracks down on five Indian public sector banks

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