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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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Defaulter Rotomac owner Kothari says he will not leave the country

Defaulter Rotomac owner Kothari says he will not leave the country

Mon, Feb 19, 2018

Kothari had taken a loan of more than Rs 800 crore from five state-owned banks

Now, Rotomac Pen's Rs 800 crore defaulter Vikram Kothari flees country

Now, Rotomac Pen's Rs 800 crore defaulter Vikram Kothari flees country

Sun, Feb 18, 2018

Allahabad Bank, Bank of India, Bank of Baroda, Indian Overseas Bank and Union Bank of India compromised their rules to sanction loans to Rotomac, the sources said.

Bank of India sees net loss of Rs 2,341 crore in Q3FY18; reports divergence of Rs 14,057 crore

Bank of India sees net loss of Rs 2,341 crore in Q3FY18; reports divergence of Rs 14,057 crore

Mon, Feb 12, 2018

BOI posted net loss of Rs 2,341.20 crore as against net profit of Rs 101.72 crore in the corresponding period of previous year and net profit of Rs 179.07 crore in the preceding quarter.

ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

Wed, Jan 24, 2018

The company is likely to sign-up more loan agreements to pay Rs 36,915 crore to the government before the month-end.

Shares of 6 banks up after govt decides capital infusion of Rs 7,577 crore

Shares of 6 banks up after govt decides capital infusion of Rs 7,577 crore

Thu, Jan 04, 2018

The government has pumped Rs 51,858 crore capital in the PSBs so far, since the Indradhanush road map was announced in 2015.

Bank of India gets Rs 2,257 crore from govt

Bank of India gets Rs 2,257 crore from govt

Sat, Dec 30, 2017

The bank has on December 29 received infusion of Rs 2257 crore from the Government of India, in form of Common Equity Tier-1 Capital, which is being kept as Share Application money and would be alloted after due procedure/conditions for allotment.

After BoI, 9 other banks under RBI scanner for ‘corrective action’

After BoI, 9 other banks under RBI scanner for ‘corrective action’

Thu, Dec 21, 2017

Total gross NPAs in value terms of the entire banking system stood at Rs 8.38 lakh crore as on September 2017, and these ten banks together account for 34% of these total value.

RBI puts Bank of India under watch; initiates 'corrective action'

RBI puts Bank of India under watch; initiates 'corrective action'

Wed, Dec 20, 2017

In a filing to stock exchanges, BoI said Reserve Bank of India has placed it under Prompt Corrective Action Framework, consequent to the onsite inspection under the risk based supervision model carried out for the year ended March 2017.

8 PSU banks to raise capital from market by March

8 PSU banks to raise capital from market by March

Sun, Dec 03, 2017

Some banks have already got approval from the finance ministry while others are in the process of getting the green signal for raising capital either through private placement or the rights issue, they said.

Air India gets Rs 1,500 crore loan from Bank of India

Air India gets Rs 1,500 crore loan from Bank of India

Sun, Nov 12, 2017

Battling multiple headwinds, the disinvestment-bound airline has been working on ways to reduce its debt, including by way of selling non-core assets and expanding operations.

Bank of India second-quarter profit rises, beats estimates

Bank of India second-quarter profit rises, beats estimates

Fri, Nov 10, 2017

Bank of India , the country`s sixth biggest lender by assets, reported a 41 percent jump in second-quarter profit, handily beating analyst estimates, with its bad loan ratio easing.

Fitch affirms eight banks' IDRs as 'stable'

Fitch affirms eight banks' IDRs as 'stable'

Tue, Jun 27, 2017

Fitch Ratings on Tuesday that it has affirmed Issuer Default Rating (IDR) of eight Indian banks.

Syndicate bank, BOI,OBC,BOB were buzzing bank stocks today

Wed, May 31, 2017

Antim Bazi : This segment of Zee Business brings to you discussion over the current situation of the market. Experts here also analysis the figures of different stocks.

PSU Banks Rejig: Govt appoints heads of 7 banks; shifts MDs of Punjab National Bank, Bank of India

PSU Banks Rejig: Govt appoints heads of 7 banks; shifts MDs of Punjab National Bank, Bank of India

Sat, May 06, 2017

In a major restructuring of PSU banks, the government on Saturday has appointed heads of seven public sector unit (PSU) banks and carried out rejigs at Punjab National Bank (PNB) and Bank of India (BOI).

Bank stocks surge as FM promises solution to bad loans

Bank stocks surge as FM promises solution to bad loans

Fri, Mar 24, 2017

Shares of public sector banks rose by up to 4.5 % today after Finance Minister Arun Jaitley promised a solution to the growing NPA problem within next few days.

Bank of India sells entire 5% stake in TransUnion CIBIL to TransUnion International

Bank of India sells entire 5% stake in TransUnion CIBIL to TransUnion International

Thu, Mar 23, 2017

Bank of India has sold entire 5% stake in TransUnion CIBIL to TransUnion International on Wednesday.

Bank of India's Q3 net profit stood at Rs 101 crore; shares jump

Bank of India's Q3 net profit stood at Rs 101 crore; shares jump

Thu, Feb 09, 2017

The bank's gross non-performing assets (NPAs) stood at 13.38% as against 9.18% during the same period last year.

NPCI expects all public sector banks to join BHIM platform by end of February

NPCI expects all public sector banks to join BHIM platform by end of February

Tue, Feb 07, 2017

NPCI expects all public sector banks to join its recently launched BHIM platform by the end of February this year.

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Mon, Jan 09, 2017

The government's recently launched e-payments platform BHIM App has witnessed over 10 million downloads in 10 days. Prime Minister Narendra Modi had launched BHIM App during his address to 'DigiDhan Mela' in New Delhi on December 30 last year, according to earlier PTI report.

Bank of India, HDFC lower home loan rates

Bank of India, HDFC lower home loan rates

Tue, Jan 03, 2017

Following other banks rate cut move, Bank of India (BOI) and Housing Development Corporation of India (HDFC) have lowered their home loan rates. Bank of India (BOI) has set marginal cost of funds based lending rate (MCLR) for loans with one year tenor at 8.50%.

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