Bank of India
Bank of India raises Rs 660 cr by selling shares to employees
The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees, BoI said in a statement.
Bank of India raises MCLR rates by 0.05 pc on two tenures
Punjab National Bank also increased its benchmark lending rates or MCLR last week.
Bank of India invites bids for stake sale in 3 associate companies
BoI said it was looking to raise nearly Rs 1,000 crore through stake sale.
BoI looks to raise Rs 1,000 crore from sale of non-core assets, real estate
The bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company - STCI Finance - and in Sidbi.
3 banks fined by Reserve Bank of India for delay in fraud detection
The RBI, in three separate releases, said it has imposed a penalty of Rs 1 crore each on three state-run banks.
PSBs should have operational freedom like private players: official
There are limitations with respect to ownerships in public sector banks but those issues can be easily resolved.
Bank of India Q1 profit up 8 per cent to Rs 95 crore
The bank had registered net profit of Rs 87.71 crore in the April-June period of 2017-18.
CBI hunts for banking, tax experts from ministries to probe PNB scam, other frauds
'It may be noted that officers coming on deputation are entitled for special security allowance at 20 per cent on the pay,' CBI said.
Two bank officials held over loan fraud
The promoters of the company were arrested in April this year.
Bank of India hikes lending rate based on MCLR by 0.10 per cent
The bank has increased MCLR rates by 10 bps for various tenors, it said in a statement.