Bank of India
BOI cuts interest to 3.5 pc for deposits up to Rs 50 lakh
The bank will continue to pay 4 per cent interest on deposits of above Rs 50 lakh.
Bank of India swings into black in Q1 on lower NPAs
Net NPAs or bad loans also fell to 6.70 per cent of the net advances by June end this year.
SBI not liable if customer hands over money to stranger: panel
District forum had asked the bank to pay Rs 48,500 to the woman along with a litigation cost of Rs 5,000.
BoI to raise up to Rs 626 crore via STCIF stake sale
Bank of India holds 1,13,83,781 shares in STCIFL representing 29.96 per cent stake.
Bank of India eyes net profits in second quarter
As per RBI norms, Bank of India was supposed to be under threshold one of prompt and corrective action.
LIC buys additional shares in Bank of India for Rs 451 crore
Bank of India sold shares equivalent to LIC through an open market purchase on a preference shares allotment
PSBs not liable for loss of items
This bitter truth was disclosed in an RTI response by the Reserve Bank and 19 PSU banks.
Government pushes PSBs to explore acquisition of smaller banks
Large PSBs like Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India could look for potential candidates for acquisition.
BOI shares tumble after company reports net loss
The stock tanked 11.23 per cent to settle at Rs 158.45 on BSE.
Bank of India suffers losses in fourth quarter
The state-owned bank suffered net loss to Rs 1,045.54 crore in the fourth quarter of last fiscal.