News

Bank of India Celebrates 118 Years of Trust and Innovation: A Journey of Excellence Bank of India, one of India’s leading public sector banks, celebrated its 118th Foundation Day on 7th Sept 2023 across all its offices. This historic occasion promises to be a memorable day steeped into tradition, innovation, and a resolute dedication to corporate social responsibility. The day’s festivities commenced with the MD & CEO, Mr. Rajneesh Karnatak, joined by all EDs Mr. P.R. Rajagopal, , Mr. Swarup Dasgupta , Mr. M Karthikeyan and Mr. Subrat Kumar, CGMs...
Bank of India Celebrates 118 Years of Trust and Innovation: A Journey of Excellence
Bank of India Celebrates 118 Years of Trust and Innovation: A Journey of Excellence
Source: PR Agency
8/09/2023 2:36:06 PM
REC shines on raising $1.15 billion from 6 banks in August REC is currently trading at Rs. 237.80, up by 3.10 points or 1.32% from its previous closing of Rs. 234.70 on the BSE. The scrip opened at Rs. 236.45 and has touched a high and low of Rs. 241.60 and Rs. 235.50 respectively. So far 229937 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 249.20 on 30-Aug-2023 and a 52 week low of Rs. 91.00 on 17-Oct-2022. Last one week high and low of the scrip stood at Rs. 244.95...
REC shines on raising $1.15 billion from 6 banks in August
REC shines on raising $1.15 billion from 6 banks in August
Source: Accord Fintech
7/09/2023 11:05:26 AM
Bank of India celebrates 77th Independence Day Amidst “Aazadi ka Amrit Mahotsav”, the ongoing Freedom Festival, Bank of India celebrated 77th Independence Day with traditional fervor, pomp and gaiety in the forecourt of Bank of India, Head Office. Independence Day celebrations started with hoisting of National Flag by Shri Rajneesh Karnatak, MD & CEO of the Bank. Executive Directors Shri P. R. Rajagopal, Shri Swarup Dasgupta, Shri M. Karthikeyan & Shri Subrat Kumar, all the Chief General Managers, General Managers, sta...
Bank of India celebrates 77th Independence Day
Bank of India celebrates 77th Independence Day
Source: PR Agency
18/08/2023 11:07:55 AM
Bank of India announces a START-UP focused branches at 3 Centre across pan India Bank of India – a major public sector bank with a significant domestic presence – has launched three special start-up centres through dedicated start-up focussed branches. The three start-up centres are located in Bengaluru, Mumbai and New Delhi. The dedicated start-up branches are intended to facilitate the Central Government’s goal of promoting robust innovation and entrepreneurship through the start-up culture in India. Start-Up India is a flagship initiative of the Go...
Bank of India announces a START-UP focused branches at 3 Centre across pan India
Bank of India announces a START-UP focused branches at 3 Centre across pan India
Source: PR Agency
24/07/2023 7:13:37 PM
Nine banks reported double-digit percentage gains in market capitalization led by IDFC First Bank Eighteen of India's 20 largest banks saw increases in market capitalization in the second quarter, boosted by a stock rally amid the banking sector's strong recovery, according to S&P Global Market Intelligence data and analysis. Nine banks reported double-digit percentage gains in market capitalization, led by IDFC First Bank Ltd. with a 44.53% climb to $6.41 billion. The lender rose to No. 11 from No. 14 in the ranking. IDBI Bank Ltd. climbed three spots to No. 8 after a 2...
Nine banks reported double-digit percentage gains in market capitalization led by IDFC First Bank
Nine banks reported double-digit percentage gains in market capitalization led by IDFC First Bank
Source: IANS
13/07/2023 4:40:40 PM
Bank of India Pays Dividend of Rs.668.17 Crores to Government of India Bank of India (BOI) today paid a dividend of Rs.668.17 crores for the financial year 2022-23 to the Government of India, its majority shareholder. Shri Rajneesh Karnatak, Managing Director & CEO, and all the four Executive Directors of BOI presented the dividend cheque to Finance Minister Smt. Nirmala Sitharaman in the presence of Shri Vivek Joshi, Financial Services Secretary. The dividend of Rs.2.00 per equity share (20%) was declared by BOI’s Board of Directors on May 30, 2023...
Bank of India Pays Dividend of Rs.668.17 Crores to Government of India
Bank of India Pays Dividend of Rs.668.17 Crores to Government of India
Source: PR Agency
5/07/2023 6:19:38 PM
Abhay Prasad Hota appointed as the new Chairman of Federal Bank Mumbai: Reserve Bank of India accorded approval for the appointment of A.P. Hota as the part-time Chairman of the Bank with effect from June 29, 2023 till January 14, 2026. A. P. Hota was serving as an independent Director on the Board of the Bank since January 15, 2018. Abhay Prasad Hota has 27 years of experience in Reserve Bank between 1982 and 2009. While at the Reserve Bank of India, he served as Nominee Director to the Board of Vijaya Bank and subsequently Andhra Bank. He w...
Abhay Prasad Hota appointed as the new Chairman of Federal Bank
Abhay Prasad Hota appointed as the new Chairman of Federal Bank
Source: PR Agency
30/06/2023 5:18:42 PM
Bank of India inaugurates its `Centralized Pool Buy-Out and Co-Lending Cell` in Mumbai to boost priority sector lending The Digital Platform and partnerships with NBFCs will facilitate more beneficial deployment of resources while making credit available to unserved and underserved segments   Bank of India today announced the launch of its ‘Centralized Pool Buy-Out and Co-Lending Cell’ in Mumbai, inaugurated by Shri Rajneesh Karnatak – MD & CEO on 26 June 2023. The Cell will be equipped with a...
Bank of India inaugurates its `Centralized Pool Buy-Out and Co-Lending Cell` in Mumbai to boost priority sector lending
Bank of India inaugurates its `Centralized Pool Buy-Out and Co-Lending Cell` in Mumbai to boost priority sector lending
Source: PR Agency
30/06/2023 10:49:44 AM
Bank of India inaugurates its Centralized Pool Buy-Out and Co-Lending Cell in Mumbai to boost priority sector lending Mumbai: Bank of India today announced the launch of its ‘Centralized Pool Buy-Out and Co-Lending Cell’ in Mumbai, inaugurated by Shri Rajneesh Karnatak – MD & CEO on 26 June 2023. The Cell will be equipped with an end-to-end Digital Underwriting System to onboard pool buy-out and    co-lending of loans in partnership with N...
Bank of India inaugurates its Centralized Pool Buy-Out and Co-Lending Cell in Mumbai to boost priority sector lending
Bank of India inaugurates its Centralized Pool Buy-Out and Co-Lending Cell in Mumbai to boost priority sector lending
Source: PR Agency
27/06/2023 7:45:53 PM
J Swaminathan takes charge as RBI Deputy Governor  Top banker J. Swaminathan on Monday took charge as the Deputy Governor of Reserve Bank of India (RBI). The government on June 21 had appointed him to the post of Deputy Governor for a period of three years from the date of joining the post or until further orders, whichever is earlier. Swaminathan was the Managing Director, Corporate Banking and Subsidiaries, of the State Bank of India (SBI) before being appointed as Deputy Governor. As Deputy Governor, he will look after Consu...
J Swaminathan takes charge as RBI Deputy Governor
J Swaminathan takes charge as RBI Deputy Governor
Source: IANS
27/06/2023 9:38:24 AM
Bank of India`s `Shubh Arambh FD` to put more money in the hands of Senior Citizens Elderly people in India deserve better care and attention, particularly when it comes to financial matters. With this in mind, Bank of India under their “Shubh Arambh Deposit” scheme, have a special fixed deposit designed for seniors, including super senior citizens aged 80 and above. This scheme puts more money in their hands, with an additional interest rate of 0.50% for senior citizens and 0.65% for super senior citizens. Effective from April 1, 2023, the Shubh Arambh Deposi...
Bank of India`s `Shubh Arambh FD` to put more money in the hands of Senior Citizens
Bank of India`s `Shubh Arambh FD` to put more money in the hands of Senior Citizens
Source: PR Agency
27/04/2023 4:27:44 PM
Bank of India gains on getting nod to raise Rs 6,500 crore Bank Of India is currently trading at Rs. 80.89, up by 0.12 points or 0.15% from its previous closing of Rs. 80.77 on the BSE. The scrip opened at Rs. 81.00 and has touched a high and low of Rs. 82.22 and Rs. 80.55 respectively. So far 607322 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.50 on 15-Dec-2022 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 8...
Bank of India gains on getting nod to raise Rs 6,500 crore
Bank of India gains on getting nod to raise Rs 6,500 crore
Source: Accord Fintech
19/04/2023 1:45:04 PM
Bank of India jumps on planning to raise capital up to Rs 6,500 crore Bank Of India is currently trading at Rs. 76.50, up by 1.09 points or 1.45% from its previous closing of Rs. 75.41 on the BSE. The scrip opened at Rs. 75.99 and has touched a high and low of Rs. 76.64 and Rs. 74.79 respectively. So far 584174 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.50 on 15-Dec-2022 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 7...
Bank of India jumps on planning to raise capital up to Rs 6,500 crore
Bank of India jumps on planning to raise capital up to Rs 6,500 crore
Source: Accord Fintech
13/04/2023 4:32:41 PM
Bank of India Mutual Fund announces New Fund Offer (NFO) Bank of India Multi Cap Fund Mumbai: Bank of India Mutual Fund, one of the trustworthy Mutual Fund players with 14 years of rich experience in fund management, has announced the launch of New Fund Offer - Bank of India Multi Cap Fund for investors looking to diversify their portfolio across large, mid and small cap categories (market cap categories). The Multi Cap Allocation Strategy includes a spread of minimum 25% of its total assets each in large, mid, and small cap companies. The scheme aims to leverage on structural...
Bank of India Mutual Fund announces New Fund Offer (NFO) Bank of India Multi Cap Fund
Bank of India Mutual Fund announces New Fund Offer (NFO) Bank of India Multi Cap Fund
Source: PR Agency
9/02/2023 3:54:11 PM
Bank of India Q3FY23 results - report PAT of Rs.1151 Crore; up by 12% YoY and 20% sequentially KEY HIGHLIGHTS – Q3FY’23 Net Profit for Q3FY23 improved to Rs.1,151 Cr. up by 12% YoY and 20% sequentially. Operating Profit improved to Rs.3,652 Cr. up by 74% YoY and by 8% sequentially. Return on Assets (RoA) improved to 0.55%. NIM stood at 3.28%, improved by 101 bps YoY and 24 bps sequentially. NII stood at Rs.5,596 Cr up by 64% YoY and 10% sequentially. Yield on Advances at 7.67%, up by 65 bps YoY and 46 bps sequentially. Gross NPA ratio at 7.66%, down by ...
Bank of India Q3FY23 results - report PAT of Rs.1151 Crore; up by 12% YoY and 20% sequentially
Bank of India Q3FY23 results - report PAT of Rs.1151 Crore; up by 12% YoY and 20% sequentially
Source: PR Agency
17/01/2023 3:25:59 PM
Bank of India gains on raising Rs 1,500 crore through bonds Bank of India is currently trading at Rs. 83.60, up by 0.50 points or 0.60% from its previous closing of Rs. 83.10 on the BSE. The scrip opened at Rs. 82.80 and has touched a high and low of Rs. 84.50 and Rs. 82.55 respectively. So far 277225 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 85.50 on 29-Nov-2022 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 85...
Bank of India gains on raising Rs 1,500 crore through bonds
Bank of India gains on raising Rs 1,500 crore through bonds
Source: Accord Fintech
2/12/2022 1:27:53 PM
Reliance group, Adani bid for India`s debt-ridden Future Retail Companies led by Asia's richest man, Gautam Adani, and billionaire Mukesh Ambani, the owner of Reliance Industries have entered the fray to acquire India's debt-laden Future Retail Ltd, a document seen by Reuters shows. April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group, Reliance Retail ventures as well as 13 other firms have submitted expressions of interest (EOIs) for Future Retail. Future Retail's court-appointed resolution pr...
Reliance group, Adani bid for India`s debt-ridden Future Retail
Reliance group, Adani bid for India`s debt-ridden Future Retail
Source: Reuters
11/11/2022 9:33:58 AM
Bank of India zooms on getting nod to raise Rs 2,500 crore via bonds Bank Of India is currently trading at Rs. 69.50, up by 2.55 points or 3.81% from its previous closing of Rs. 66.95 on the BSE. The scrip opened at Rs. 68.35 and has touched a high and low of Rs. 70.45 and Rs. 68.20 respectively. So far 2217045 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 70.45 on 07-Nov-2022 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 7...
Bank of India zooms on getting nod to raise Rs 2,500 crore via bonds
Bank of India zooms on getting nod to raise Rs 2,500 crore via bonds
Source: Accord Fintech
7/11/2022 2:01:58 PM
Bank of India surges despite reporting 20% fall in Q2 consolidated net profit Bank of India is currently trading at Rs. 66.85, up by 2.85 points or 4.45% from its previous closing of Rs. 64.00 on the BSE. The scrip opened at Rs. 65.20 and has touched a high and low of Rs. 67.00 and Rs. 65.20 respectively. So far 2381456 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 10-Nov-2021 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 6...
Bank of India surges despite reporting 20% fall in Q2 consolidated net profit
Bank of India surges despite reporting 20% fall in Q2 consolidated net profit
Source: Accord Fintech
4/11/2022 12:36:29 PM
HFCL gets nod to avail incentive up to Rs 653 cr under PLI scheme in 5G era Telecom equipment manufacturer HFCL Limited on Tuesday said it has received an approval to avail incentive up to Rs 652.79 crore as part of government's production-linked incentive (PLI) scheme, as the country kicks off the 5G era. HFCL has received approval from Small Industries Development Bank of India (SIDBI), Project Management Agency (PMA) and Competent Authority designated by the Centre on its application for participation in the PLI scheme. The company said it has committed ...
HFCL gets nod to avail incentive up to Rs 653 cr under PLI scheme in 5G era
HFCL gets nod to avail incentive up to Rs 653 cr under PLI scheme in 5G era
Source: IANS
1/11/2022 5:14:15 PM
Bank of India zooms on planning to raise up to Rs 2,500 crore via bonds Bank Of India is currently trading at Rs. 60.05, up by 1.40 points or 2.39% from its previous closing of Rs. 58.65 on the BSE. The scrip opened at Rs. 59.25 and has touched a high and low of Rs. 60.75 and Rs. 58.30 respectively. So far 1072232 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 10-Nov-2021 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 6...
Bank of India zooms on planning to raise up to Rs 2,500 crore via bonds
Bank of India zooms on planning to raise up to Rs 2,500 crore via bonds
Source: Accord Fintech
31/10/2022 3:56:48 PM
Government to borrow Rs 5.92 lakh crore in second half of current fiscal The government will borrow Rs 5.92 lakh crore, or 41.7 per cent of planned gross market borrowing of Rs 14.21 lakh crore for the current financial year, in the second half of the fiscal ending March 31, 2023, the Finance Ministry said in a statement on Thursday. The full-year borrowing target was brought down to Rs 14.21 lakh crore from the original Rs 14.31 lakh crore which was mentioned in the Union Budget for 2022-23. The borrowing plan for the second half of the current fiscal inclu...
Government to borrow Rs 5.92 lakh crore in second half of current fiscal
Government to borrow Rs 5.92 lakh crore in second half of current fiscal
Source: IANS
30/09/2022 10:31:57 AM
Maha, Delhi top defaulters as banks` dues mount to Rs 8.58 lakh crore As banks' outstanding dues shot up to a whopping Rs 8.58 lakh crore, Maharashtra and Delhi top the list of defaulters, as per the latest official data of TransUnion CIBIL Ltd. The figures show that as on March 31, 2022, there were 30,359 records of borrowers with defaults of Rs one crore and above, with recovery suits filed against them by various banks, totalling to outstanding of Rs 858,396.32 crore. This amount has more than tripled since March 31, 2017 -- from 17,236 accounts ...
Maha, Delhi top defaulters as banks` dues mount to Rs 8.58 lakh crore
Maha, Delhi top defaulters as banks` dues mount to Rs 8.58 lakh crore
Source: IANS
28/09/2022 3:19:35 PM
Rupee weakens to fresh all-time low against the US dollar on Wednesday Indian rupee weakened to a fresh all-time low against the US dollar in early deals on Wednesday as negative trend in domestic equities and strength of the American currency in the overseas market weighed on rupee sentiments. Furthermore, significant foreign fund outflows, concerns about aggressive interest rate hikes by global central banks, and potential global recession fears have also dampened rupee trade. Foreign Institutional Investors (FIIs) were net sellers in the capital market on Tue...
Rupee weakens to fresh all-time low against the US dollar on Wednesday
Rupee weakens to fresh all-time low against the US dollar on Wednesday
Source: Accord Fintech
28/09/2022 12:23:19 PM
Bank of India gains on acquiring over 5.5% stake in Open Network for Digital Commerce Bank of India is currently trading at Rs. 47.00, up by 0.25 points or 0.53% from its previous closing of Rs. 46.75 on the BSE. The scrip opened at Rs. 46.75 and has touched a high and low of Rs. 46.75 and Rs. 46.10 respectively. So far 85073 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 10-Nov-2021 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 52....
Bank of India gains on acquiring over 5.5% stake in Open Network for Digital Commerce
Bank of India gains on acquiring over 5.5% stake in Open Network for Digital Commerce
Source: Accord Fintech
28/09/2022 10:41:31 AM
Rupee weakens to all-time low against the US dollar on Monday Indian rupee weakened to an all-time low against the US dollar on Monday as the American currency strengthened to new 20-year high with prospects of aggressive interest rate hikes ahead by the US Federal Reserve to bring down inflation. Investors also focused Reserve Bank of India’s meeting this week, with its decision due on Friday with expectations of rate hikes by 50 basis points to cool stubbornly high inflation. Moreover, ongoing war between Russia and Ukraine, weak trend in domest...
Rupee weakens to all-time low against the US dollar on Monday
Rupee weakens to all-time low against the US dollar on Monday
Source: Accord Fintech
26/09/2022 11:59:10 AM
Indian banks may raise more funds to meet credit needs, lock rates  Indian banks may continue their fundraising spree in the next few months by issuing Basel III-compliant and infrastructure bonds as they rush to meet rising credit demand and lock in funds at cheaper rates, analysts said. "All banks are in need of funds as second half is expected to see a pick up in credit offtake, and currently investor appetite is favourable," said Venkatakrishnan Srinivasan, founder and managing partner at debt advisory firm Rockfort Fincap. "We ...
Indian banks may raise more funds to meet credit needs, lock rates
Indian banks may raise more funds to meet credit needs, lock rates
Source: Reuters
22/09/2022 3:13:31 PM
Key Stock News: Reliance Industries, Reliance Jio, BYJU`S, Vodafone Idea, IndiGo, Bank of India - ARETE Securities Key News Reliance to partner Qualcomm to develop 5G solutions: Ambani at 45th AGM Reliance Jio, the nation's largest telecom operator, has partnered with Qualcomm to develop 5G solutions for India, Mukesh Ambani said on Monday. Speaking at Reliance Industries' 45th AGM, he said the firm is partnering with Google to develop ultra-affordable 5G smartphones and Google Cloud. It has now forged a collaboration with Qualcomm to develop a 5G solution for India, which can be taken to th...
Key Stock News: Reliance Industries, Reliance Jio, BYJU`S, Vodafone Idea, IndiGo, Bank of India - ARETE Securities
Key Stock News: Reliance Industries, Reliance Jio, BYJU`S, Vodafone Idea, IndiGo, Bank of India - ARETE Securities
Source: ARETE Securities Ltd
30/08/2022 9:40:56 AM
Bank of India rises on signing MoU with IREDA Bank of India is currently trading at Rs. 48.95, up by 0.25 points or 0.51% from its previous closing of Rs. 48.70 on the BSE. The scrip opened at Rs. 48.70 and has touched a high and low of Rs. 49.00 and Rs. 48.35 respectively. So far 26061 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.60 on 30-Aug-2021 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 51....
Bank of India rises on signing MoU with IREDA
Bank of India rises on signing MoU with IREDA
Source: Accord Fintech
23/08/2022 12:06:06 PM
Key Stock News - Adani Data Networks Ltd,Shapoorji Pallonji,GAIL (India) Ltd,HDFC Bank , Bank of India - ARETE Securities Key News Adani says will use 5G spectrum to support data centres, businesses Richest Indian Gautam Adani's group on Tuesday said the Rs 212 crore worth of spectrum it has bought in a millimetre wave band will be used to create a private network to support its businesses and data centres. Adani Data Networks Ltd (ADNL), a unit of Adani Enterprises Ltd, acquired the right to use 400MHz of spectrum in the 26GHz millimetre wave band for 20 years in the auction that concluded on Monda...
Key Stock News - Adani Data Networks Ltd,Shapoorji Pallonji,GAIL (India) Ltd,HDFC Bank , Bank of India - ARETE Securities
Key Stock News - Adani Data Networks Ltd,Shapoorji Pallonji,GAIL (India) Ltd,HDFC Bank , Bank of India - ARETE Securities
Source: ARETE Securities Ltd
3/08/2022 10:20:09 AM
Bank of India Q1 net profit down 22.02% at Rs 561.49 cr The bank reported standalone net profit of Rs 561.49 crore for the quarter ended June 30, 2022 as compared to Rs 720.00 crore in the same period last year, registering a year-on-year decline of 22.02 per cent. Interest income of the bank rose by 6.99 per cent at Rs 9972.64 crore for the quarter ended June 30, 2022 as against Rs 9321.31 crore in the corresponding period last year. During the April-June quarter, total income dipped marginally by 4.90 per cent to Rs 11,124.36 crore fro...
Bank of India Q1 net profit down 22.02% at Rs 561.49 cr
Bank of India Q1 net profit down 22.02% at Rs 561.49 cr
Source: Dion Global Solutions Ltd
2/08/2022 4:16:29 PM
Bank of India jumps on getting shareholders` nod to raise up to Rs 2,500 crore Bank of India is currently trading at Rs. 47.20, up by 1.65 points or 3.62% from its previous closing of Rs. 45.55 on the BSE. The scrip opened at Rs. 46.20 and has touched a high and low of Rs. 47.30 and Rs. 45.80 respectively. So far 171110 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 76.55 on 03-Aug-2021 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 47...
Bank of India jumps on getting shareholders` nod to raise up to Rs 2,500 crore
Bank of India jumps on getting shareholders` nod to raise up to Rs 2,500 crore
Source: Accord Fintech
18/07/2022 2:17:28 PM
Bank of India climbs on planning to raise fresh equity capital up to Rs 2,500 crore Bank Of India is currently trading at Rs. 44.35, up by 1.85 points or 4.35% from its previous closing of Rs. 42.50 on the BSE. The scrip opened at Rs. 42.50 and has touched a high and low of Rs. 44.40 and Rs. 41.50 respectively. So far 406877 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 81.50 on 22-Jun-2021 and a 52 week low of Rs. 40.40 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 45...
Bank of India climbs on planning to raise fresh equity capital up to Rs 2,500 crore
Bank of India climbs on planning to raise fresh equity capital up to Rs 2,500 crore
Source: Accord Fintech
22/06/2022 4:05:08 PM
DJ Mediaprint & Logistics jumps on securing contract from Bank of India DJ Mediaprint & Logistics is currently trading at Rs. 58.50, up by 1.60 points or 2.81% from its previous closing of Rs. 56.90 on the BSE. The scrip opened at Rs. 59.95 and has touched a high and low of Rs. 59.95 and Rs. 58.00 respectively. So far 12000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 133.88 on 25-Jan-2022 and a 52 week low of Rs. 24.50 on 15-Jul-2021. Last one week high and low of the scrip...
DJ Mediaprint & Logistics jumps on securing contract from Bank of India
DJ Mediaprint & Logistics jumps on securing contract from Bank of India
Source: Accord Fintech
31/05/2022 3:35:57 PM
Worldline India partners with Bank of India to digitise payment collection services for Panvel City Municipal Corporation Mumbai – Worldline, a global leader in payment services, has partnered with Bank of India (BOI) to digitise several kinds of citizen-centric services, fines and tax collections for Panvel City Municipal Corporation (PMC). With this development, citizens of PMC can make payments via credit and debit cards towards services like birth / death registration certificates, marriage registration certificates, assessment fee, transfer fee, license fee, NOC, electricity meter license...
Worldline India partners with Bank of India to digitise payment collection services for Panvel City Municipal Corporation
Worldline India partners with Bank of India to digitise payment collection services for Panvel City Municipal Corporation
Source: PR Agency
26/05/2022 4:05:37 PM
Key News - Uber, Bank of India, Aditya Birla Fashion and Retail, Adani Group, Rupa & Company By ARETE Securities Uber hires Namit Jain as India senior director; to lead core platform head Ride-hailing company Uber on Tuesday announced that it has hired Namit Jain, as a new Senior Director, Engineering, to lead its data, core infrastructure and platform teams in India. Jain will head a team of engineers working to bolster the company's core platform and leverage data to improve efficiencies in Bengaluru's new office.   BOI Q4 net profit rises 142.3% to Rs 606 cr on margin improvemen...
Key News - Uber, Bank of India, Aditya Birla Fashion and Retail, Adani Group, Rupa & Company By ARETE Securities
Key News - Uber, Bank of India, Aditya Birla Fashion and Retail, Adani Group, Rupa & Company By ARETE Securities
Source: ARETE Securities Ltd
25/05/2022 9:43:05 AM
Bank of India Q4 net profit zoomed 142.32% at Rs 606.27 cr The bank reported standalone net profit of Rs 606.27 crore for the quarter ended March 31, 2022 as compared to Rs 250.19 crore in the same period last year, registering a year-on-year growth of 142.32 per cent. Interest income of the bank rose by 5.68 per cent at Rs 9856.28 crore for the quarter ended March 31, 2022 as against Rs 9326.60 crore in the corresponding period last year. During the January-March quarter, total income rose by 0.56 per cent to Rs 11,443.45 crore from Rs 11,379.84 cro...
Bank of India Q4 net profit zoomed 142.32% at Rs 606.27 cr
Bank of India Q4 net profit zoomed 142.32% at Rs 606.27 cr
Source: Dion Global Solutions Ltd
24/05/2022 3:46:13 PM
Bank of Baroda has declared 60% Final dividend for the financial year March 2022 Bank of Baroda on Friday, 13 May 2022, has announced Final dividend of 60 percent on Equity Share, to its shareholders holding shares on the register on Tuesday, 21 June 2022 (Bookclosure). The ex-dividend date will be 17 June 2022. The last five dividends are 60% Final dividend (Ex Date : 22 June 2017), 160% Final dividend (Ex Date : 16 June 2015), 105% Final dividend (Ex Date : 12 June 2014), 110% Interim dividend (Ex Date : 20 January 2014) and 215% Final dividend (Ex Date : 13...
Bank of Baroda has declared 60% Final dividend for the financial year March 2022
Bank of Baroda has declared 60% Final dividend for the financial year March 2022
Source: Dion Global Solutions Ltd
14/05/2022 2:37:11 PM
Worldline India partners with Bank of India to digitise e-challan collections for Madhya Pradesh Police Department   Worldline, a global leader in payment services, has partnered with Bank of India to digitise e-challan collections for Madhya Pradesh Police Department. A Memorandum of Association (MoU) was signed between BOI and MP Police Department, Govt. of India to integrate Point of Sale (POS) terminals with e-challan portal of police department on May 10, 2022. The MoU was exchanged between Shri. G. Janardhan, ADG, PTRI, MP Police, Govt. of India and Shri Lokesh Krishna, GM, Bank of India ...
Worldline India partners with Bank of India to digitise e-challan collections for Madhya Pradesh Police Department
Worldline India partners with Bank of India to digitise e-challan collections for Madhya Pradesh Police Department
Source: PR Agency
12/05/2022 9:41:54 AM
Bank of India moves up on getting nod to raise Rs 2,500 crore Bank of India is currently trading at Rs. 49.40, up by 0.65 points or 1.33% from its previous closing of Rs. 48.75 on the BSE. The scrip opened at Rs. 49.10 and has touched a high and low of Rs. 49.90 and Rs. 49.10 respectively. So far 36738 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.95 on 07-Jun-2021 and a 52 week low of Rs. 43.30 on 24-Feb-2022. Last one week high and low of the scrip stood at Rs. 50....
Bank of India moves up on getting nod to raise Rs 2,500 crore
Bank of India moves up on getting nod to raise Rs 2,500 crore
Source: Accord Fintech
26/04/2022 9:58:58 AM
Stock Idea - Bank of India Ltd By Choice Broking Bank of India On the weekly chart, the stock has confirmed the consolidation breakout and has sustained above the price of 50. On the monthly chart, it has formed a Bullish Engultin, confirming bullishness in the stock. Moreover, itis also for formation on the monthly chart On the daily chart, stock is tradin wesimple moving averages of 20 and 50 respectively confirming the support in price action. The price has traded above Ichimoku Cloud & positive crossover is indicated in RSI MA...
Stock Idea - Bank of India Ltd By Choice Broking
Stock Idea - Bank of India Ltd By Choice Broking
Source: Choice Broking Pvt Ltd
7/04/2022 4:12:24 PM
IKF Finance Limited partners with Bank of India for Co-lending of Vehicle Loans IKF Finance, backed by home grown firm Motilal Oswal Private Equity, entered into a co-lending partnership with Bank of India, a premier public sector bank to offer commercial vehicle loans. By leveraging IKF’s three decade strong lending experience, Bank of India looks to further strengthen its MSME portfolio. IKF’s partnership with Bank of India is a significant milestone reinforcing the NBFC’s efficient souring and underwriting capabilities.   As part of this c...
IKF Finance Limited partners with Bank of India for Co-lending of Vehicle Loans
IKF Finance Limited partners with Bank of India for Co-lending of Vehicle Loans
Source: PR Agency
14/03/2022 2:17:05 PM
Bank of India surges on reporting 63% rise in Q3 consolidated net profit Bank of India is currently trading at Rs. 58.05, up by 1.55 points or 2.74% from its previous closing of Rs. 56.50 on the BSE. The scrip opened at Rs. 56.55 and has touched a high and low of Rs. 59.40 and Rs. 56.20 respectively. So far 2230901 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.45 on 19-Feb-2021 and a 52 week low of Rs. 48.80 on 20-Dec-2021. Last one week high and low of the scrip stood at Rs. ...
Bank of India surges on reporting 63% rise in Q3 consolidated net profit
Bank of India surges on reporting 63% rise in Q3 consolidated net profit
Source: Accord Fintech
7/02/2022 3:25:36 PM
Stock Picks - Buy Bank of India Ltd For Target Rs.73 - ICICI Direct Technical Observations * PSU banking stock has come in the limelight over past couple of months and is seen outperforming the broader market. Bank of India has been relative under performer within the PSU banking space and we expect it to witness catch up activity going forward * The stock has generated a breakout above a supply line joining the highs since June 2021 (|87) signalling resumption of up move and offers fresh entry opportunity * The stock in the process also closed ...
Stock Picks - Buy Bank of India Ltd For Target Rs.73 - ICICI Direct
Stock Picks - Buy Bank of India Ltd For Target Rs.73 - ICICI Direct
Source: ICICI Direct
11/11/2021 12:17:25 PM
Future Generali India Insurance enters into bancassurance tie-up with Bank of India Tuesday, October 26, 2021: Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between Future Group and global insurer Generali, has entered into a bancassurance tie-up with the Bank of India (BOI) for further penetration of its general insurance products. Through this alliance, FGII will offer its wide array of best-in-class and innovative insurance solutions to 5084 BOI branches spread across 28 states and 8 Union Territories. Bancassura...
Future Generali India Insurance enters into bancassurance tie-up with Bank of India
Future Generali India Insurance enters into bancassurance tie-up with Bank of India
Source: PR Agency
26/10/2021 3:41:35 PM
Bank of India gains on opening branch in Leh Bank of India is currently trading at Rs. 61.40, up by 0.50 points or 0.82% from its previous closing of Rs. 60.90 on the BSE. The scrip opened at Rs. 61.40 and has touched a high and low of Rs. 61.80 and Rs. 60.85 respectively. So far 117 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.45 on 19-Feb-2021 and a 52 week low of Rs. 38.20 on 30-Oct-2020. Last one week high and low of the scrip stood at Rs. 63.4...
Bank of India gains on opening branch in Leh
Bank of India gains on opening branch in Leh
Source: Accord Fintech
25/10/2021 9:30:19 AM
Bank of India reduces home, vehicle loan rates As a part of festive offers, Bank of India has announced a 35 basis point reduction in its home loan interest rates and a 50 basis points in vehicle loan interest rates. With the cut, the minimum rate on these loans now starts at 6.5 per cent against 6.85 per cent on home loans and 6.85 per cent against 7.35 per cent earlier on vehicle loans. This special rate will be effective from October 18 till December 31. It will be available for customers applying for fresh loans and also for tho...
Bank of India reduces home, vehicle loan rates
Bank of India reduces home, vehicle loan rates
Source: IANS
19/10/2021 9:23:14 AM
Key News - Reliance Jio, Bank of India Ltd, Life Insurance Corporation of India, Embassy Office Parks, Reliance Retail By ARETE Securities Key News Reliance's cheap JioPhone can unleash a credit revolution across the globe A smartphone widely believed to be priced below $50, likely the world’s cheapest, will start selling a week from now. If Mukesh Ambani’s JioPhone Next, an Android device custom-built for India by Alphabet Inc.’s Google, is a hit in the price-conscious market, it will solve one problem for banks while posing another. With the country’s remaining 300 million featurephone users g...
Key News - Reliance Jio, Bank of India Ltd, Life Insurance Corporation of India, Embassy Office Parks, Reliance Retail By ARETE Securities
Key News - Reliance Jio, Bank of India Ltd, Life Insurance Corporation of India, Embassy Office Parks, Reliance Retail By ARETE Securities
Source: ARETE Securities Ltd
3/09/2021 9:17:03 AM