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LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India raises Rs 660 cr by selling shares to employees

The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees, BoI said in a statement.

12 March 2019 3:07 PM IST

The verdict was announced by ATC judge Sajjad Ahmed at Kot Lakhpat Jail in Lahore. The court also sentenced Imran Ali to life imprisonment and imposed Rs 1 million fine. (Representational Image)

Six get lifer for bank loan fraud of Rs 2.5 crore

Accused had availed various credit facilities from Bank of India.

27 April 2019 1:47 AM IST

Previous studies have found that men with strong handshakes are less likely to have erectile dysfunction (Photo: Pixabay)

Bank of India to sell 25 per cent in Star Union Dai-ichi

The Reserve Bank of India had removed BoI from its prompt corrective action (PCA) framework in January, easing some...

6 April 2019 1:43 AM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India looks to divest insurance JV stake worth about USD 160...

Bank of India is looking to sell 64.9 mn shares, or 25.02 pc stake, in Star Union Dai-ichi Life Insurance Co Ltd.

5 April 2019 1:53 PM IST

The bank had reported a net loss of Rs 3,969 crore in the same quarter of the previous year.

Bank of India post Rs 252 crore profit in Q4

Total income in three months to March grew to Rs 12,417.08 crore, as against Rs 9,596.86 crore.

16 May 2019 2:47 PM IST

Firemen at the BOI branch in Churchgate. (Photo: ANI)

Files destroyed as fire breaks out at Bank of India's branch

The cause of the fire is being investigated but prima facie the fire seems to have erupted due to a short circuit.

21 Jun 2019 4:16 AM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India net jumps two-fold to Rs 243 cr in Q1; net NPAs down at...

Total income of the bank rose to Rs 11,526.95 crore during the quarter, as against Rs 10,631.02 crore.

30 July 2019 2:12 PM IST

Similarly, a number of structural reforms have been taken in recent years which include demonetisation, implementation of the Goods and Services Tax (GST), banking policies etc. which will need time to yield results. The recent performance of some sectors has shown optimism.

Mid sized banks report higher Q2 net profit as asset quality improves

Fresh slippages were lower in the absence of lumpy corporate non-performing assets

7 Nov 2020 10:54 AM IST

Kanpur-based company Rotomac Pens owner Vikram Kothari had taken a loan of more than Rs 800 crore from over five state-owned banks, including Allahabad Bank, Bank of India and Union Bank of India. (Photo: Facebook)

CBI files chargesheet against Rotomac owners in bank fraud case

The amount swelled to Rs 3,695 crore, including the accrued interest, because of repeated defaults on payment, the...

21 May 2018 9:24 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India Q4 loss widens to about Rs 4,000 crore on bad loans

The gross non-performing assets (NPAs) hit 16.58 per cent of the gross advances, as against 13.22 per cent by end March...

28 May 2018 6:35 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

BoI has Rs 200 cr exposure in PNB scam, initiates proceedings: CEO

Nirav Modi and his uncle Mehul Choksi are alleged to have perpetrated the country's biggest banking sector scam.

8 May 2018 3:50 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

BoI offers home loans at cheaper rates to good credit score holders

A consumer's CIBIL score is a three-digit numeric summary of the credit information report.

7 May 2018 7:23 PM IST