Government Infuses Rs 10,882 Crores In Four Public Sector Banks
The government, as part of their Rs 28,615 crores capital infusion plan for seven public sector banks, has pumped Rs 10,882 crores in four public...
Tag : Bank of India
Rs.1156 Crores Of Net Loss Reported By Bank Of India
The state-controlled Bank of India (BOI) has posted a net loss of Rs. 1,156.25 crores in the July-September quarter of the current fiscal due to...
Bank of India receives Rs.2,257 crore from government
Bank of India (BOI) has received a capital infusion of Rs.2,257 crore from the government. In a BSE filing the BOI stated, “The bank has on...
RBI places Bank of India under Prompt Corrective Action
Reserve Bank of India (RBI) has put Bank of India under Prompt Corrective Action, due to bad asset quality performance. Bank of India stated, “This...
Bank of India lowers interest rate to 3.5% for deposits up to Rs 50 lakh
The Bank of India has cut down its interest rate on saving bank accounts by 50 basis points to 3.5 percent on deposits of up...
Bank of India aims to raise Rs 1000 crore to comply Basel III norms
Bank of India is going to raise up to Rs 1,000 crore on a private placement basis through issue of additional tier-I bonds which are...
Bank of India lowers lending rate on retail loans
Bank of India has decided to lower its interest rates on retail loans, that includes home and vehicle loans. It has said in a release...
Bank of India has raised Rs 1,000 crore through Basel-III bonds
Bank of India has raised Rs 1,000 crore through bonds that comply with Basel-III norms for capital adequacy. It has said in a regulatory filing...
Bank of India has sold 18 percent stake to partner Dai-ichi Life
On Tuesday, Bank of India has sold 18% stake in Star Union Dai-ichi Life Insurance Company to its Japanese partner for Rs 540 crore. Subsequently,...
Bank of India has allotted Rs 264 crore worth shares to LIC
Bank of India has allotted 2 crore shares valued at Rs 264.12 crore to LIC. It said in a regulatory filing that “The bank has allotted...