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BANK OF INDIA NEWS

SBI, BOI, Indian Bank reduce lending rates post repo rate cut

April 15, 2025 10:52 pm

The reduction in the lending rates will provide relief to borrowers of various loans, including home and personal, as their equated monthly instalments (EMIs) will decline

Man says he was denied entry to Nagpur bank for wearing shorts, video goes viral

April 13, 2024 10:12 am

In the video, the man can be seen arguing with the security guard of a bank after allegedly being denied entry to the branch because he was not dressed appropriately.

RBI imposes penalty on Bank of India, Bandhan Bank

March 13, 2024 7:55 pm

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.

BoI expects to conduct USD 4-bn business from GIFT City in next 3 yrs: MD

July 12, 2023 11:54 pm

Through the IBU the bank will provide a range of global banking solutions. On the loan side, it will give External Commercial Borrowings, Trade Finance Facilities, Foreign Currency Loans and Syndication Loans.

Bank of India Q2 net down 9%

November 04, 2022 12:41 am

The bank's total provision increased to Rs 1,912 crore from Rs 894 crore in the year-ago quarter. Provisions for bad and doubtful loans also jumped to Rs 664 crore from Rs 241 crore.

Bank of India invites application for credit officer posts; check eligibility criteria

April 27, 2022 9:18 am

Eligible candidates can apply online through the official website of Bank of India — bankofindia.co.in. The registration process began today i.e. April 26, 2022. The last date for the submission of the online application is May 10. 

Bank of India Q3 profit surges 90% to Rs 1,027 crore

February 04, 2022 2:58 pm

However, total income during the quarter was down at Rs 11,211.14 crore as against Rs 12,310.92 crore in the same period a year ago, BoI said in a regulatory filing.

CBI books Gujarat firm’s directors for ‘swindling’ Bank of India out of Rs 631.97 crore

January 06, 2022 5:46 pm

🔴 A statement from the premier investigative agency alleged that a forensic audit by the bank revealed the directors had diverted credit facilities availed of from it to subsidiaries or associate companies having common directors.

Special CBI court convicts officials from bank, three firms in Rs 300-crore fraud

October 06, 2021 10:14 am

The CBI had registered the case in February 2017, following a complaint filed by the Bank of India in the matter of discounting 246 bills against LC issued by Deccan Gymkhana branch of the Canara Bank to the tune of Rs 300 crore.

Bank of India posts over two-fold jump in Q2 profit at Rs 543 crore

November 06, 2020 4:45 pm

Total income rose to Rs 12,477.79 crore in July-September 2020-21 from Rs 12,062.55 crore in the year-ago period, the state-owned lender said in a regulatory filing.

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