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.
August 16, 2020 12:55 am
"The RBI announcements on August 6 have permitted restructuring of stressed assets, caused by the COVID-19, across corporate, MSME sectors as well as for personal loans segments, without downgradation of assets quality," says Atanu Kumar Das, MD and CEO of Bank of India.
August 03, 2020 3:04 pm
The total income during the period under review increased to Rs 11,941.52 crore, from Rs 11,526.95 crore in the year-ago period, Bank of India (BoI) said in a regulatory filing.
November 13, 2019 5:46 pm
Banks Board Bureau (BBB) recommended names of Sanjiv Chadha, L V Prabhakar and Atanu Kumar Das for the post of managing director and chief executive officer (MD & CEO) of three state-owned lenders -- Bank of Baroda, Canara Bank and Bank of India.
May 17, 2019 2:43 am
The bank came out of the Prompt Corrective Action framework in January this year. NII is the difference between interest earned and interest paid by a bank.BOI shares ended up 1.94 per cent for the session, following the earnings announcement, settling at Rs 81.65 per share.
January 29, 2019 4:05 am
The bank’s gross non-performing assets (NPAs) came down from Rs 62,328 crore in March 2018 and Rs 61,561 crore in September 2018 to Rs 60,797 crore in December 2018.
October 24, 2018 12:51 am
Last month, BoI had put on sale its exposures to Essar Steel, Bhushan Power and Steel and Alok Industries, along with 38 other NPAs worth a total Rs 8,831 crore.
July 07, 2018 2:16 am
The Central Bureau of Investigation (CBI) on Friday arrested retired officials of Bank of India for allegedly doling out undue favours to a Gujarat-based company in grant of loans of Rs 2,654 crore.
March 30, 2018 1:16 am
Sources said the first FIR was registered against two companies - Sri Nangli Rice Mills at Mandi Gurdaspur, Neha Gupta & Associates, situated in Swank Mandi in Amritsar. These both the companies had procured a loan of Rs 61.01 crore from BoI.
February 13, 2018 1:39 am
Net interest margin (NIM) — a key measure of profitability — fell 33 bps y-o-y and 27 bps sequentially to 1.88 per cent in Q3.