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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 cuts home, vehicle loan rates

Bank of India cuts home, vehicle loan rates

Sun, Oct 17, 2021

With this cut, the interest rate on home loans starts at 6.50 per cent against earlier 6.85 per cent, and at 6.85 per cent against 7.35 per cent prior on vehicle loans, the bank said in a release

Bank of India announces closure of QIP issue; raises Rs 2,550 cr

Tue, Aug 31, 2021

The issue had opened on August 25, and closed on August 30, 2021, and the bank had targeted to raise up to Rs 3,000 crore equity capital through this issue.

Stocks in Focus – Bank of India – What should investors do with this PSU Bank share – Analyst gives strategy

Stocks in Focus – Bank of India – What should investors do with this PSU Bank share – Analyst gives strategy

Thu, Aug 26, 2021

Nilesh Jain Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking said that the stock is not the best option for retail investors if they are looking for investing in a PSU bank

Low loan growth put pressure on NII of Bank of India: AK Das, MD & CEO

Low loan growth put pressure on NII of Bank of India: AK Das, MD & CEO

Mon, Jun 07, 2021

AK Das, Managing Director & CEO, Bank of India, talks about March quarter numbers and the reason for the decline in NII, provisions, asset quality and recoveries among others during an exclusive interview with Zee Business Executive Editor Swati Khandelwal

Recapitalisation news brings cheer! Central Bank of India, Indian Overseas Bank, Bank of India and UCO Bank shares surge in today's trade

Recapitalisation news brings cheer! Central Bank of India, Indian Overseas Bank, Bank of India and UCO Bank shares surge in today's trade

Thu, Apr 01, 2021

As government has decided to carry out a capital infusion drive in four public sector banks of as much as Rs 14,500 crore, Nifty PSU Bank Index zoomed by over 2.5 per cent to become second highest performer during today's session.

Bank of India share price: Sharekhan maintains Hold rating with a revised price target of Rs 68

Bank of India share price: Sharekhan maintains Hold rating with a revised price target of Rs 68

Thu, Feb 11, 2021

Bank of India (BOI) posted mixed results with operational numbers below estimates. Asset-quality performance was also encouraging. NII stood at Rs 3739.5 cr, down 9.2% yoy and down 9.1% qoq. However, the rise in operating expenses stood at Rs 2971 cr, up 19.5% yoy and up 13% qoq, which resulted in PAT missing estimates.

Stocks to buy with Anil Singhvi: Here are Vikas Sethi’s top two picks Snowman Logistics, Bank of India

Stocks to buy with Anil Singhvi: Here are Vikas Sethi’s top two picks Snowman Logistics, Bank of India

Wed, Nov 25, 2020

Sethi gave two calls today both from cash market. Vikas Sethi said looking at the volatility in the market and understanding that since tomorrow it is expiry, he is avoiding picks in futures and recommending buying in cash stocks as he is bullish on both the companies.

Big opportunity for Sportsperson! Bank of India announces Sportsperson Recruitment 2020 for 28 Officers and Clerks – Last Date 16 August

Big opportunity for Sportsperson! Bank of India announces Sportsperson Recruitment 2020 for 28 Officers and Clerks – Last Date 16 August

Thu, Aug 06, 2020

Bank of India is inviting applications for various posts from sportspersons with backgrounds including Archery, Athletics, Boxing, gymnastics, Swimming, Table Tennis, Weightlifting and Wrestling. A total of 28 Officers & Clerk Vacancy 2020 is announced under Sport Quota from 10th, Graduate pass candidates

Stocks to buy and sell today: ICICI Bank, Lupin, Tata Chemical to PVR, 20 shares to watch for bumper returns - check full list here

Stocks to buy and sell today: ICICI Bank, Lupin, Tata Chemical to PVR, 20 shares to watch for bumper returns - check full list here

Tue, Jul 21, 2020

As per the Zee Business Fast Money research team, shares like ICICI Bank, Lupin, Tata Chemical, PVR are stocks to buy while one can sell IndiGo and Mastek shares.

Bank account holder? Interest rates of these lenders to change; Know impact on your pocket

Bank account holder? Interest rates of these lenders to change; Know impact on your pocket

Mon, Jun 01, 2020

Many banks have made changes in their interest rates over the last few days. If you are a Union Bank of India or Bank of India customer, then you should know the new interest rates that have come into effect from 1 June

RBI slaps penalties on Bank of India, Karnataka Bank

RBI slaps penalties on Bank of India, Karnataka Bank

Fri, May 29, 2020

In another case, RBI has imposed a penalty of Rs 1.20 crore on Karnataka Bank Ltd for non-compliance with certain provisions of directions issued by it on "Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances-Divergence in NPA Accounts" and "Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances".

PNB, Bank of Baroda, others launch COVID-19 personal loans; should you go for them?

PNB, Bank of Baroda, others launch COVID-19 personal loans; should you go for them?

Thu, Apr 23, 2020

Sahyog COVID-19 Personal Loan: People may be facing a money crisis during the lockdown period as they are not being able to go to their work and they may have exhausted their savings bank account.

Took home loan, car loan from this bank? Good news for you - Check details

Took home loan, car loan from this bank? Good news for you - Check details

Sun, Mar 29, 2020

It's a good news for you if you have borrowed home loan or car loan from Bank of India.

SBI, Canara Bank, 2 other public sector banks in India cut deposit, loan interest rates

SBI, Canara Bank, 2 other public sector banks in India cut deposit, loan interest rates

Sat, Feb 08, 2020

SBI or State Bank of India, Bank of India, Canara Bank and Oriental Bank of Commerce have announced to reduce the loan interest rates and deposit rates.

Bank of India to recover around Rs6,000 crore in Q3 & Q4: Atanu Kumar Das, ED

Bank of India to recover around Rs6,000 crore in Q3 & Q4: Atanu Kumar Das, ED

Tue, Dec 17, 2019

There are quite a few accounts that are lined up under the Samadhan Scheme led by SBI especially those in the power projects and we expect around Rs1,000-1,500 crore of reversal in this quarter", says Atanu Kumar Das of Bank of India.

Latest fixed deposit rates: SBI, Bank of India, Axis Bank, IDBI Bank new FD rates

Latest fixed deposit rates: SBI, Bank of India, Axis Bank, IDBI Bank new FD rates

Sat, Sep 14, 2019

After Reserve Bank of India (RBI) lowered its repo rate by 35 basis points to 5.40 percent, most banks have revised their deposit rates to bring parity with the other rates.

Over 5,000 ATMs shutdown in last one year, this is the reason why

Over 5,000 ATMs shutdown in last one year, this is the reason why

Mon, May 20, 2019

The number of bank ATMs in the country is continuously declining due to rapidly growing digital banking. The banks are cutting their costs by reducing the number of ATMs across the nation.

Mission Samadhan has played an important role in reducing net NPA burden: Deenbandhu Mohapatra, Bank of India

Mission Samadhan has played an important role in reducing net NPA burden: Deenbandhu Mohapatra, Bank of India

Fri, May 17, 2019

Dinabandhu Mohapatra, MD & CEO Of Bank of India, speaks about quarter results and reasons for betterment, provisioning coverage ratio and slippages, NCLT accounts and 'Mission Samadhan' among others during a conversation with Anurag Shah, Zee Business. Excerpts:

Bank of India posts Rs 252 crore profit in Q4

Bank of India posts Rs 252 crore profit in Q4

Thu, May 16, 2019

The asset quality of the bank improved slightly with the gross non-performing assets (NPAs) coming down to 15.84 per cent of gross advances at March-end 2019 against 16.58 per cent as of March 31, 2018. At the same time, net NPAs came down to 5.61 per cent from 8.26 per cent.

The Big Bank Theory! PNB + UBI + BOI merger next after BoB, Vijaya, Dena Bank?

The Big Bank Theory! PNB + UBI + BOI merger next after BoB, Vijaya, Dena Bank?

Tue, Apr 30, 2019

Merging small banks is one of the ways in which the government is trying to tackle the NPA crisis.

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