Apr 15, 2021 04:32 PM IST

Bank of India Q4 Net Profit to Rs 548 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 0.1 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs 3,797 crore, according to Sharekhan.

Bank of India raises Rs 602 crore by issuing Basel III compliant bonds

The bonds carry a coupon rate of 9.30 percent per annum, said the lender.

PSU banks continue to rally: Bank of Maharashtra, BOI, IOB, Central Bank end at upper circuit on privatisation buzz

Central Bank of India and Indian Overseas Bank locked at 20 percent upper circuit, while Bank Of India, Bank of Maharashtra locked at 10 percent upper circuit.

PSU Banks in focus; Bank of Maharashtra, BOI, IOB, Central Bank of India shares rise up to 20% on privatisation buzz

Bank Of India, Bank of Maharashtra and Indian Overseas Bank touched a 52-week high of Rs 83.90, Rs 22.85 and Rs 15.70 respectively.

Bank of Maharashtra, BOI, IOB and Central Bank of India shares gain over 10% each on potential privatisation

Two of those banks will be selected for sale in the 2021/2022 financial year which begins in April, the officials said.

Hold Bank of India: target of Rs 68: Sharekhan

Sharekhan recommended hold rating on Bank of India with a target price of Rs 68 in its research report dated February 10, 2021.

CCI approves Bank of India's acquisition of 49% stake each in BOI AXA Investment Managers, BOI AXA Trustee Services

Prior to the transaction, Bank of India held 51 percent equity shares each in BAIM and BATS. The approval of the acquisition turns both the entities into wholly owned subsidiaries of the state-run lender.

Bank of India Q3 net profit jumps over five-fold to Rs 540.72 crore

On a consolidated basis, the bank posted a net profit of Rs 610.37 crore, up by more than four times as against Rs 138.20 crore in the year-ago period.

Bank of India Standalone December 2020 Net Interest Income (NII) at Rs 3,739.54 crore, down 9.19% Y-o-Y

Bank of India Consolidated December 2020 Net Interest Income (NII) at Rs 3,773.21 crore, down 9.17% Y-o-Y

Bank of India raises Rs 750 crore by issuing bonds

The issue was over-subscribed with receipt of bids of up to Rs 1,017 crore against the issue size of Rs 750 crore.

Bank Of India shares rise 4% on acquiring controlling stake in subsidiaries

The share touched its 52-week high Rs 79.80 and 52-week low Rs 30.45 on 28 November, 2019 and 13 March, 2020, respectively.

Bank of India shares gain 3% after Q2 earnings

The stock closed with a gain of 3.01 percent at Rs 41.10 on BSE. During the day, it jumped 4.88 percent to Rs 41.85. At NSE, it rose by 2.89 percent to settle at Rs 41.

Bank of India posts over two-fold jump in Q2 profit at Rs 543 crore

The bank posted a net profit of Rs 257.31 crore for the same quarter a year ago.

ICICI Bank, Bank of India slash MCLR by 5 bps across tenors

Bank of India has reduced rates for an overnight tenor to 6.70 percent.

CBI books Kwality for defrauding Bank of India, other banks of Rs 1,400 crore

Other banks involved in the case are Canara Bank, Bank of Baroda, Andhra Bank, Corporation Bank, IDBI, Central Bank of India, Dhanlaxmi Bank and Syndicate Bank

Bank of India gets shareholder nod to raise Rs 8,000 crore

The bank had in August said it plans to issue fresh equity shares up to an amount of Rs 8,000 crore in such a way that the government's shareholding does not fall below 51 percent

Moody’s cuts long-term deposit ratings of 4 PSBs: What does it mean for the banks?

Moody’s downgraded long-term local and foreign currency deposit ratings of BoB, BoI, Canara Bank and UBI to Ba1 from Baa3 and their baseline credit assessments to b1 from ba3

Hold Bank of India; target of Rs 53: Sharekhan

Sharekhan recommended Hold rating on Bank of India with a target price of Rs 53 in its research report dated August 03, 2020.

Bank of India Consolidated June 2020 Net Interest Income (NII) at Rs 3,513.32 crore, down 0.21% Y-o-Y

Bank of India Standalone June 2020 Net Interest Income (NII) at Rs 3,481.14 crore, down 0.12% Y-o-Y

Bank of India Q1 net profit rises over three-fold to Rs 844 crore

The total income during the period under review increased to Rs 11,941.52 crore, from Rs 11,526.95 crore in the year-ago period, BoI said in a regulatory filing.

India plans to reduce number of state-owned banks to just 5

The first part of the plan would be to sell majority stakes in Bank of India, Central Bank of India, Indian Overseas Bank, UCO Bank, Bank of Maharashtra and Punjab & Sind Bank, leading to an effective privatisation of these state-owned lenders, a government official said.

ED registers case against BJP leader in Rs 67-crore Bank of India loan default case

Mohit Kamboj claims he had settled all dues. Bank officials allegedly abused official position to help Kamboj and the other accused go for a one-time settlement, leading to heavy losses

Hold Bank of India; target of Rs 55: Sharekhan

Sharekhan recommended Hold rating on Bank of India with a target price of Rs 55 in its research report dated June 25, 2020.