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Asset quality likely to improve in H2FY12: Bank of India 

10.32 am | 22 Dec 2011 |  Source: CNBC-TV18

Like its peers, asset quality has been a key concern for public sector lender, Bank of India (BoI). However, N Seshadri, executive director, Bank of I...

Loan growth to be subdued in H2FY12: Bank of India 

3.44 pm | 08 Dec 2011 |  Source: CNBC-TV18

Bank of India is unlikely to see increase in provisions in Q3 sequentially, said the Executive Director N Seshadri. He also indicated that the bank ha...

Govt approves Rs 1,000 cr capital support to Bank of India 

2.43 pm | 05 Dec 2011 |  Source: Moneycontrol.com

State-owned Bank of India (BoI) has received in-principal approval from its major stake holder - the government of India (GoI) to improve its capital ...

Bank of India buys 51% in Bharti Axa MF 

6.36 pm | 03 Dec 2011 |  Source: PTI

State-run Bank of India (BoI) today picked up a majority 51 per cent stake in Bharti Axa Mutual Fund for an undisclosed to run the latter's asset mana...

Burst of bad loans in Q2: Bankers say it's a one-off 

12.25 pm | 12 Nov 2011 |  Source: CNBC-TV18

A big theme of the past few days has been the quantum leap in bank loan defaults as revealed in the second quarter numbers of some public sector banks...

Jump in provisioning pulled down profits: Bank of India 

5.32 pm | 08 Nov 2011 |  Source: CNBC-TV18

Bank of India has posted a net profit of Rs 491 crore, far below street expectations. A CNBC-TV18 poll had pegged the figure at Rs 603 crore. “This is...

FinMin may ask for Rs 14000cr more for bank recap in FY12 

8.35 pm | 01 Nov 2011 |  Source: Moneycontrol.com

The finance ministry is likely to ask for an additional Rs 14000 crore in the second supplementary demand for grants for bank recapitalization in fisc...

BoI sees 25 bps hike in savings bank deposit rate initially 

2.01 pm | 25 Oct 2011 |  Source: CNBC-TV18

A Prabhakar, executive director, Bank of India speaking to CNBC-TV18 about the same said that this move might lead to 25-50 basis points increase in s...

Federal Bank eyes foray into credit card  

12.52 pm | 23 Sep 2011 |  Source: Moneycontrol.com

In a bid to extend its retail clientele, private sector lender Federal Bank is planning a foray into credit cards. Initially, the bank plans to outsou...

Brickwork Ratings & Bank of India sign MOU for MSME 

5.43 pm | 22 Sep 2011 |  Source: Moneycontrol.com

Brickwork Ratings, a SEBI approved Credit Rating Agency, today announced that it has signed an MOU for the MSME sector, with Bank of India, a premier ...

Banks should keep strong vigil on loan portfolio: Pranab 

5.48 pm | 07 Sep 2011 |  Source: PTI

Cautioning that the economy is passing through turbulent times, Finance Minister Pranab Mukherjee today asked banks to maintain a strict vigil on the ...

Around $1.2 bn loan backs GVK's Hancock mines buy: Report 

8.35 pm | 26 Aug 2011 |  Source: Reuters

Around USD 1.2 billion loan will be provided by banks to back GVK Power & Infrastructure Ltd's proposed acquisition of the Alpha Coal and Kevin's Corn...

BoI raises $200m loan for foreign expansion 

6.47 pm | 26 Aug 2011 |  Source: PTI

State-run lender Bank of India today said it has raised a loan of USD 200 million to expand its foreign operations....

No problems for globally exposed Indian banks: KV Kamath 

12.40 pm | 13 Aug 2011 |  Source: CNBC-TV18

Veteran banker KV Kamath, chairman of ICICI Bank says that Indian banks have not over-exposed themselves to European banks, hence assuring that they w...

Debt-laden companies push Indian banks to limits 

1.57 pm | 10 Aug 2011 |  Source: Reuters

ICICI Bank's takeover of a stake in a debt-laden telecom tower firm is an ominous sign of things to come as India's slowing economy and slumping share...

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