Bank of India

Banks to wait till Apr 7 before cutting rates: BoI

State-owned BoI Wednesday said banks will wait till the next bi-monthly monetary policy review of the RBI on April 7 before cutting interest rates.

Mar 11, 2015, 16:04 PM IST

PSU bank chiefs selection: Pvt bankers can apply, too

In a bid to attract talent from a wider pool, the Finance Ministry has invited private sector bankers, besides the regular public sector executives, to apply for the top job at five large state-owned lenders.

Feb 26, 2015, 19:22 PM IST

BoI to defer $750 mn bond sale plan on excess liquidity

The city-based bank has a board approval to raise USD 5 billion through MTN beginning 2005 and has so far raised USD 2.5 billion.

Feb 22, 2015, 16:32 PM IST

Capital infusion: BoI chief rues new fund infusion norms

As it is left out of the list of nine banks for capital infusion from the government, Bank of India today claimed its fundamentals are much better than those selected and has called for a different treatment to it citing its large international presence.

Feb 12, 2015, 23:25 PM IST

BoI profit drops 70% to Rs 173 cr in Q3 on higher provisioning

The bank had posted net profit of Rs 585.82 crore for the October-December quarter of the 2013-14 fiscal.

Feb 12, 2015, 16:19 PM IST

BoI shares up over 4.5% on fund raising plan

Shares of Bank of India (BoI) today rose by over 4.5 per cent after the company said it will raise up to Rs 641.99 crore by selling shares to Life Insurance Corp and New India Assurance to fund its business growth and meet global risk norms.

Feb 10, 2015, 13:27 PM IST

BoI to raise Rs 642cr by selling shares to LIC, New India

The bank has called extraordinary general meeting of the shareholders on March 7, it said.

Feb 09, 2015, 18:27 PM IST

Bank of India Q2 net profit up 26% at Rs 786 crore

The bank had a net profit of Rs 621.77 crore in the July-September quarter of 2013-14 fiscal.

Nov 03, 2014, 14:36 PM IST

Bank of India raises Rs 2,500 crore from bonds

Funds have been raised through Basel III compliant Tier-1 bonds by way of private placement of Rs 1,250 crore with a green shoe option of Rs 1,250 crore.

Aug 11, 2014, 14:14 PM IST