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Bank of India

Which PSU Bank stocks to keep an eye on?

Which PSU Bank stocks to keep an eye on?

Mon, Sep 23, 2024

Will Bank Nifty do something amazing? Where to focus Nifty or Bank Nifty? Which PSU Bank shares should you keep an eye on? Know from Anil Singhvi

NFO alert: Bandhan Mutual Fund, ABSL AMC and Bank of India MF launch new fund offerings; check minimum investment & other details

NFO alert: Bandhan Mutual Fund, ABSL AMC and Bank of India MF launch new fund offerings; check minimum investment & other details

Fri, Aug 09, 2024

How to participate in these NFOs: Investors can invest through online platforms, directly through fund’s website or via licensed mutual fund distributors also.

Brokerages pick SBI, Bank of India, Titan, ITC and other stocks for up to 35% gains; check targets

Brokerages pick SBI, Bank of India, Titan, ITC and other stocks for up to 35% gains; check targets

Tue, Aug 06, 2024

At 11.18 AM, BSE Sensex was 0.79 per cent or 635.22 points up at 79,394.62 while Nifty 50 was 0.78 per cent or 186.5 points higher at 24,242.10.

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Bank of India raises Rs 5,000 crore in infra bond sale

Bank of India raises Rs 5,000 crore in infra bond sale

Fri, Jul 19, 2024

The funds raised will be used for funding long-term projects in infrastructure sub-sectors and affordable housing.

Bank of India Q4 result: Net profit rises only 7% as non-core income plummets

Bank of India Q4 result: Net profit rises only 7% as non-core income plummets

Fri, May 10, 2024

In the reporting quarter, the core net interest income (NII) grew 7 per cent to Rs 5,937 crore as a 0.23 per cent narrowing of net interest margin to 2.92 per cent was offset by a 13.52 per cent growth in global advances.

7 small-cap mutual funds that have beaten their benchmark in 5 years

7 small-cap mutual funds that have beaten their benchmark in 5 years

Mon, May 06, 2024

Small-cap mutual funds invest most of their money in small-cap companies. These companies are more prone to market fluctuations than large- and mid-cap firms. They rise fast when the market is up and fall fast when the market is low.

IMGC ties up with Bank of India to offer mortgage guarantee-backed home loans

IMGC ties up with Bank of India to offer mortgage guarantee-backed home loans

Mon, Apr 15, 2024

With the rising demand in the affordable housing segment, this product aims to make home ownership more accessible for a wider range of borrowers in the country, it said.

Punjab National Bank reports 11.5% loan growth in Q4, BoB's up 12.4%

Punjab National Bank reports 11.5% loan growth in Q4, BoB's up 12.4%

Fri, Apr 05, 2024

Total business of the Punjab National Bank rose 8.8 per cent to Rs 23.56 lakh crore as compared to Rs 21.65 lakh crore at the end of March 31, 2023.

Bank of India raises lending rate by 10 basis points

Bank of India raises lending rate by 10 basis points

Sun, Mar 31, 2024

The bank has increased the mark-up by 10 bps from the existing level of 2.75 per cent to 2.85 per cent, and with the present repo rate of 6.5 per cent, the repo-based lending rate (RBLR) will be 9.35 per cent, it said.

Bank of India gets Rs 564 crore Income Tax penalty order

Bank of India gets Rs 564 crore Income Tax penalty order

Thu, Mar 28, 2024

"The bank has received the order under Section 270A of the Income Tax Act, 1961 from the Income Tax Department, Assessment Unit pertaining to AY2018-19, wherein the penalty of Rs 564.44 crore has been imposed on various disallowances made," it said in a regulatory filing.

Bank of India cuts home loan rates by 15 bps to 8.3% till March 31

Bank of India cuts home loan rates by 15 bps to 8.3% till March 31

Tue, Mar 19, 2024

The bank claimed that at 8.3 per cent, it has the lowest rate among its peers. For SBI and HDFC Bank, which are the industry leaders, the lowest rate begins at 8.4 per cent. The offer is valid up to March 31, it added.

RBI imposes penalty on Bank of India, Bandhan Bank

RBI imposes penalty on Bank of India, Bandhan Bank

Wed, Mar 13, 2024

The penalty on Bank of India has been imposed for non-compliance with the RBI's directions related to 'interest rate on deposits', 'customer service in banks', 'interest rate on advances', and contravention of provisions of Credit lnformation Companies Rules, 2006.

Bank of India MF aims to raise Rs 500 crore from multi-asset allocation fund in NFO period

Bank of India MF aims to raise Rs 500 crore from multi-asset allocation fund in NFO period

Thu, Feb 08, 2024

The Multi Asset Allocation Strategy comprises investment of 35-40 per cent in equity & equity related instruments, 45-55 per cent in debt & money market instruments, 10-15 per cent in Gold ETF and up to 10 per cent in units issued by REITs and InvITs.

Corporate Radar : Bank of India's NII Growth Prospects with Rajneesh Karnatak, MD & CEO

Corporate Radar : Bank of India's NII Growth Prospects with Rajneesh Karnatak, MD & CEO

Mon, Feb 05, 2024

Provisioning of ₹1000 Cr till 31st December... Further growth possible in NII due to strong network: Rajneesh Karnatak, MD & CEO Bank of India

Bank of India Q3 Results: Profit surges 62% to Rs 1,870 crore

Bank of India Q3 Results: Profit surges 62% to Rs 1,870 crore

Fri, Feb 02, 2024

Bank of India Q3 Results: State-owned Bank of India (BoI) posted a 62 per cent jump in net profit to Rs 1,870 crore in the December quarter on account of decline in bad loans.

Budget 2024: Bank of India: Tejas Shah's Stock Recommendation Before Budget

Budget 2024: Bank of India: Tejas Shah's Stock Recommendation Before Budget

Wed, Jan 24, 2024

BudgetMyPick This stock will do wonders with the announcement in Budget 2024; Why did Tejas Shah of JM Financial Services advise to invest in Bank of India?

This PSB can rally another 28% after healthy gains of 62% in last six months

This PSB can rally another 28% after healthy gains of 62% in last six months

Mon, Jan 15, 2024

Stock market today: The moderation in slippages as well as the increase in interest rates have led to an improvement in the net interest margin (NIM) from 2.55 per cent in Q1 FY22 to 3.08 per cent in Q2 FY24.

Bank of India stock jumps over 2% after its Q3 update shows increased domestic deposits and global business

Bank of India stock jumps over 2% after its Q3 update shows increased domestic deposits and global business

Thu, Jan 11, 2024

Bank of India said that its domestic deposits in the quarter ended December 31, 2023, increased by 7.6 per cent, from Rs 5.56 lakh crore to Rs 5.99 lakh crore Year-on-Year. The bank's total business (global) was up by 9.90 per cent from 11.61 lakh crore to Rs 12.76 lakh crore YoY.

BOI Q2 Results: Bank of India Q2 net profit jumps 52% to Rs 1,458 crore

BOI Q2 Results: Bank of India Q2 net profit jumps 52% to Rs 1,458 crore

Sat, Nov 04, 2023

The bank's total Capital Adequacy Ratio (CRAR) was at 15.63 per cent as on September 30, 2023.

Bank of India hikes key lending rate in select tenures

Bank of India hikes key lending rate in select tenures

Mon, Jul 31, 2023

Bank of India on Monday increased its Marginal Cost of Funds based Lending Rate (MLCR) by 0.05 per cent.

Bank Of India achieved ₹12 Lk Cr business for the first time in a quarter says Rajneesh Karnataka

Bank Of India achieved ₹12 Lk Cr business for the first time in a quarter says Rajneesh Karnataka

Mon, Jul 31, 2023

Bank has had a very good quarter... achieved ₹12 lakh crore business for the first time in a quarter: Rajneesh Karnataka, MD & CEO, Bank of India

Profit Crosses ₹4000 Crore For The First Time Says Rajneesh Karnataka, MD & CEO, BOI

Profit Crosses ₹4000 Crore For The First Time Says Rajneesh Karnataka, MD & CEO, BOI

Mon, May 08, 2023

Profit crosses ₹4000 crore for the first time, asset quality improves over last year… Loan growth expected to be 12% this year: Rajneesh Karnataka, MD & CEO, BOI. Watch Neha Anand's exclusive conversation with Rajneesh Karnataka, MD & CEO, BOI.

Bank of India Q4 results: BOI's FY23 Q4 net profit doubles to Rs 1,388 crore

Bank of India Q4 results: BOI's FY23 Q4 net profit doubles to Rs 1,388 crore

Sat, May 06, 2023

The bank's core net interest income was up over 37 per cent to Rs 5,493 crore on a 13 per cent growth in advances. It posted a widening of net interest margin to 3.15 per cent from 2.56 per cent in the year-ago period.

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