Boi

The sharp surge in PSU stocks over the last year stretched valuations beyond fundamentals. Analysts anticipate the upward momentum to turn stock-specific in the coming time

Bank of India Q4 net profit more than doubles to Rs 1,350 crore

Return on Assets (RoA) improved from 0.30 percent to 0.63 percent while Return on Equity (RoE) improved from 6.64 percent in Q4FY22 to 13.52 percent.

EXCLUSIVE | SBI, BOI extend banking agents' COVID allowance to September

SBI and BOI have agreed to pay business correspondents till month-end to encourage them to continue servicing rural areas.

Banks Board Bureau calls for applications to head PNB, BoI by Sept 16

Applications for the post of Managing Director and Chief Executive Officer for both banks have been invited by September 16, 2019.

Bank of India to realize Rs 600 crore via sale of non-core assets in Q2

The bidding process for disinvestment in both the subsidiaries is on, said N Damodharan, executive director, BoI, adding that the sales are likely to be finalized in the July-September quarter.

Weekly wrap: Following RBI's rate cut, banks reduce lending rates by 5 bps

In February, India's industrial output recorded 20-month low growth of 0.1 percent, raising concerns on the country's economic growth trajectory

PNB, BOI say recovery from Essar Steel resolution likely in March

According to reports, PNB expects to recover about Rs 2,500 crore from Essar Steel.

RBI lifts lending curbs on BoI, BoM, OBC

"It has been decided that Bank of India (BoI) and Bank of Maharashtra (BoM) which meet the regulatory norms including Capital Conservation Buffer (CCB) and have Net NPAs (non-performing assets) of less than 6 percent as per third quarter results, are taken out of the PCA (prompt corrective action) framework subject to certain conditions and continuous monitoring," the RBI said in a statement.

IL&FS lenders looking at a 10-15% haircut; Bank of India, SBI, PNB & Yes Bank staring at a hit: Report

Experts believe the decision to appoint a new board has improved the lenders’ chances of recovering their money, but haircuts are unavoidable.

Critical resistance for Nifty placed around 10,570; Bank of India a good sell for short term

“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. Negative divergence in hourly RSI is a concern.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.

Sell DHFL, BOI, SBI, DLF; buy Jubilant Foodworks, NTPC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell DHFL, BOI, SBI and DLF and can buy Jubilant Foodworks and NTPC.

Buy RIL, Hindalco, Syndicate Bank, BOI, Aurobindo Pharma: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com advises buying RIL, Hindalco, Syndicate Bank, BOI and Aurobindo Pharma.

Top buy & sell ideas by Ashwani Gujral & Mitessh Thakkar for February 15

Ashwani Gujral of ashwanigujral.com recommends selling Allahbad Bank with a stop loss of Rs 58, target of Rs 52, Bank of India with a stop loss of Rs 136, target of Rs 128 and a sell also on PNB with a stop loss of Rs 149, target of Rs 137.

Buy Bajaj Finance, Sun TV Network; sell SBI, PNB, BOI, Canara Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and Sun TV Network and can sell SBI, PNB, BOI and Canara Bank.

Buy JP Associates, Bata; sell Canara Bank, L&T Finance, Repco Home, BOI: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy JP Associates and Bata India and can sell Canara Bank, L&T Finance, Repco Home and Bank of India.

Bank of India gets Rs 2,257 crore from government

State-run Bank of India today said it has received a capital infusion of Rs 2,257 crore from the government, in form of Common Equity Tier-1 Capital.

Bank of India may post Q2 loss at Rs 305 cr, loan book may fall

Public sector lender Bank of India is expected to post a loss of Rs 305.5 crore in July-September quarter against loss of Rs 1,126 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

Banks to wait till Apr 7 before cutting rates: BoI

Banks also have to keep asset quality in mind (before passing on the benefit of rate cut). That is a guiding factor for any bank to reduce lending rate," Iyer said. The RBI is scheduled to announce its bi-monthly policy review on April 7.

Accumulate Bank of India; target of Rs 270: KRChoksey

KRChoksey is bullish on Bank Of India (BOI) and has recommended accumulate rating on the stock with a target price of Rs 270 in its research report dated February 16, 2015.

Buy Bank of India; target of Rs 285: P Lilladher

Brokerage house Prabhudas Lilladher is bullish on Bank Of India (BOI) and has recommended 'Buy' rating on the stock with a target price of Rs 285, in its research report dated February 12, 2015.

Buy Bank of India; target of Rs 370: Way2Wealth

Way2Wealth is bullish on Bank Of India (BOI) and has recommended buy rating on the stock with a target price of Rs 370 in its research report dated December 03, 2014.

Motilal Oswal neutral on Bank Of India

Motilal Oswal has maintained a 'Neutral' rating on Bank Of India (BOI) with a target price of Rs 335, in its research report dated November 03, 2014.

Hold Bank Of India; target of Rs 328: Religare

Religare Capital has recommended hold rating on Bank Of India (BOI) with a target price of Rs 328, in its research report dated November 03, 2014.

Hold Bank of India; target of Rs 298: KRChoksey

Brokerage house KRChoksey has recommended a hold rating on Bank Of India (BOI) with a target price of Rs 298 per share in its November 05, 2014 research report.