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Saturday, November 27, 2021

Bank of India


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.

‘RBI step on loan recast scheme will be of great relief to borrowers, banks’: Atanu Kumar Das

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.

Bank of India Q1 net profit rises over three-fold to Rs 844 crore

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.

Banks Board Bureau recommends names for heading three state-owned banks

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.

Bank of India swings to profit in Q4 with `252 crore

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.

Bank of India net loss soars to Rs 4,738 crore in October-December quarter

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.

Bank of India puts non-performing assets worth Rs 10,700 crore on sale

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.

CBI arrests former officials of Bank of India in Rs 2,654-crore loan case

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.

Bank of India files cheating case, CBI registers FIRs against directors of pvt firms

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.