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Bank Of India

BSE: 532149|NSE: BANKINDIA|ISIN: INE084A01016|SECTOR: Banks - Public Sector
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News on Bank Of India
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Critical resistance for Nifty placed around 10,570; Bank of India a good sell for short term

8.42 am | 18 Apr 2018 |  Source: Moneycontrol.com

“50% Fibonacci retracement level of the entire downfall from Nifty all time high to its recent low around 9950 levels is placed around 10,570. Negat...

PSU banks must be more agile, focus on low capital-high spread asset model: Bank of India chief

8.52 am | 13 Apr 2018 |  Source: Moneycontrol.com

Bank of India chief Dinabandhu Mohapatra says the age-old system of asset and revenue-based growth model has caused problems for the banks today...

ED seizes Rs 3.71 cr in bank fraud case

3.01 pm | 07 Apr 2018 |  Source: PTI

Stating that the seizure was made yesterday, an ED release said that the amount was held in the name of two companies in a case involving huge cash de...

RBI defers Ind-AS adoption by 1 year as banks found to be unprepared

9.26 am | 06 Apr 2018 |  Source: Moneycontrol.com

Estimates stated that banks may need up to Rs 89,000 crore towards incremental provisioning for advances while transiting to the Ind-AS regime...

Expect a rally of 20 bps in bonds on back of lower borrowing target: Bank of India 

9.33 am | 27 Mar 2018 |  Source: CNBC-TV18

The government releases its borrowing plan for H1FY19 which is considerably less than what they borrowed in FY18. In an interview to CNBC-TV18, Dinaba...

Bank of India shuts Yangoon office in January

6.09 pm | 21 Mar 2018 |  Source: PTI

"The Ministry of Planning and Finance, Directorate of Investment and Company Administration, Myanmar has allowed to terminate/close our Yangoon Repres...

Buy ICICI Bank, Axis Bank, Union Bank of India, Future Consumer: Ashwani Gujral 

2.06 pm | 13 Mar 2018 |  Source: CNBC-TV18

Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, Axis Bank, Union Bank of India and Future Consumer....

Recovery of Rs 7,000 crore NPAs to reflect in Q4 numbers: BoI 

10.47 am | 13 Mar 2018 |  Source: CNBC-TV18

Bank of India recovered non-performing assets (NPAs) worth Rs 7,000 crore. In an interview with CNBC-TV18, Dinabandhu Mohapatra, MD and CEO of the com...

Banks stocks outshine, rally up to 10% after Bank of India recovers SLoUs worth Rs 7,000 cr

10.19 am | 13 Mar 2018 |  Source: Moneycontrol.com

PSU Bank index was up 3.5 percent and Nifty Bank index gained 1 percent or 300 points, outperforming the Nifty that rose 0.3 percent....

Bank of India zooms 10% on Rs 7000cr recovery from other banks

9.33 am | 13 Mar 2018 |  Source: Moneycontrol.com

The bank has recovered Rs 7,000 crore worth Standby Letters of Credit (SLOCs) in the last two months and the balance of Rs 2,000 crore would be recove...

BoI has recovered Rs 7000 cr worth SLOCs from other banks

8.09 pm | 12 Mar 2018 |  Source: PTI

This recovery will substantially improve the Bank's balance sheet, Bank of India Executive Director N Damodharan told reporters here....

Bank will benefit from RBI's move on restructured loans: Bank of India 

4.06 pm | 14 Feb 2018 |  Source: CNBC-TV18

Bank of India's Q3 earnings were a disappointment because of the steep rise we saw in the non-performing assets (NPAs) as well as slippages but to...

Bank of India posts Q3 loss Rs 2,341 cr, gross NPAs jump to 16.93%; FY17 divergence at Rs 14,000 cr

4.51 pm | 12 Feb 2018 |  Source: Moneycontrol.com

More than double provisions in Q3 YoY, and lower net interest income, other income and operating income hit profitability....

Bank of India may post loss at Rs 51 cr in Q3, asset quality key to watch

6.37 pm | 08 Feb 2018 |  Source: Moneycontrol.com

Net interest income during the quarter is seen falling 1.3 percent to Rs 2,826.6 crore compared to Rs 2,862.6 crore in year-ago, according to average ...

Bank of India Q2 beats estimates, profit jumps 41% to Rs 179 cr; asset quality improves

12.51 pm | 10 Nov 2017 |  Source: Moneycontrol.com

Provisions and contingencies fell 13 percent sequentially and 15 percent year-on-year to Rs 1,953 crore for the quarter ended September 2017....

Bank of India Q2 profit seen down 99% to Rs 17 cr; slippages key to watch out for

6.11 pm | 09 Nov 2017 |  Source: CNBC-TV18

Analysts feel if slippages fall (compared with 4,037 crore in Q1FY18), net interest margin comes above 2.1 percent (1.99 percent) and gross non-perfor...

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