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Bank of India has cut MCLR rates by 0.05-0.10 per cent for various tenors from September 10. Photo: PTI

Bank of India hikes lending rate based on MCLR by 0.10 per cent

The bank has increased MCLR rates by 10 bps for various tenors, it said in a statement.

8 Jun 2018 1:34 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

PSBs should have operational freedom like private players: official

There are limitations with respect to ownerships in public sector banks but those issues can be easily resolved.

24 Aug 2018 5:10 PM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

3 banks fined by Reserve Bank of India for delay in fraud detection

The RBI, in three separate releases, said it has imposed a penalty of Rs 1 crore each on three state-run banks.

9 Sept 2018 2:40 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 looks to raise Rs 1,000 crore from sale of non-core assets, real...

The bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company - STCI Finance -...

16 Sept 2018 12:55 PM IST

Bank of India has cut MCLR rates by 0.05-0.10 per cent for various tenors from September 10. Photo: PTI

Bank of India invites bids for stake sale in 3 associate companies

BoI said it was looking to raise nearly Rs 1,000 crore through stake sale.

21 Sept 2018 2:16 PM IST

Bank is introducing two tier saving bank rate with effect from Thursday. (Photo: PTI)

BOI cuts interest to 3.5 pc for deposits up to Rs 50 lakh

The bank will continue to pay 4 per cent interest on deposits of above Rs 50 lakh.

24 Aug 2017 1:06 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 swings into black in Q1 on lower NPAs

Net NPAs or bad loans also fell to 6.70 per cent of the net advances by June end this year.

9 Aug 2017 2:34 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI not liable if customer hands over money to stranger: panel

District forum had asked the bank to pay Rs 48,500 to the woman along with a litigation cost of Rs 5,000.

8 Aug 2017 5:25 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 to raise up to Rs 626 crore via STCIF stake sale

Bank of India holds 1,13,83,781 shares in STCIFL representing 29.96 per cent stake.

7 Aug 2017 2:59 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 eyes net profits in second quarter

As per RBI norms, Bank of India was supposed to be under threshold one of prompt and corrective action.

15 July 2017 4:31 PM IST

People standing in a long queue to collect cash from an ATM in Kolkata. (Photo: PTI)

Kolkata ATMs still cash-strapped

In many places, long queues were seen in front of ATMs where cash vans were parked outside.

20 Nov 2016 6:08 AM IST

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

LIC buys additional shares in Bank of India for Rs 451 crore

Bank of India sold shares equivalent to LIC through an open market purchase on a preference shares allotment

7 July 2017 5:29 PM IST