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.

Bank of India Standalone March 2020 Net Interest Income (NII) at Rs 3,793.05 crore, down 6.21% Y-o-Y

Bank of India Consolidated March 2020 Net Interest Income (NII) at Rs 3,827.19 crore, down 6.17% Y-o-Y

Bank of India share price falls 5% on Q4 loss

Net interest income in Q4 fell 6.2 percent to Rs 3,793 crore YoY, while the net interest margin (global) declined by 3 basis points to 2.90 percent YoY.

Bank of India posts Q4 loss at Rs 3,571.4 crore on additional provision in 6 NPA accounts

Bank's provision coverage ratio improved to 83.74 percent at the end of March 2020, compared to 77.2 percent as of December 2019.

Bank of India cuts MCLR by 25 bps across all tenors

The revised one-year MCLR will be 7.70 percent as against 7.95 percent earlier, the bank said in a release.

RBI imposes penalty on Bank of India, Karnataka Bank

Giving details, it said the statutory inspection of BoI with reference to its financial position as on March 31, 2017 and March 2018 and the risk assessment reports pertaining thereto revealed, inter-alia, non-compliance with the certain directions.

Indian banks shelve fundraising as coronavirus derails markets

A virus-driven lull in deal activity in India comes at a time when the local economy has been on a weak footing, with growth at the slowest pace in more than six years in the last three months of 2019.

Bank of India Standalone December 2019 Net Interest Income (NII) at Rs 4,118.03 crore, up 23.58% Y-o-Y

Bank of India Consolidated December 2019 Net Interest Income (NII) at Rs 4,154.08 crore, up 23.34% Y-o-Y

Bank of India reports Q3 net profit of Rs 106cr

The state-run bank's net interest income during the quarter rose 23.62 per cent to Rs 4,119 crore from Rs 3,332 crore in the year-ago quarter.

Bank of India reports Q3 profit at Rs 105.5 crore, slippages up sharply

Slippages rose to Rs 6,716 crore at the end of December 2019, against Rs 3,166 crore in the September quarter.