Bank of India

RBI fines Bank of India, Karnataka Bank and Saraswat Co-operative Bank

RBI fines Bank of India, Karnataka Bank and Saraswat Co-operative Bank

The Reserve Bank of India (RBI) has imposed penalty on three banks — Bank of India, Karnataka Bank and Saraswat Co-operative Bank Ltd. Th...Read More

RBI imposes penalty on Bank of India, Karnataka Bank

RBI imposes penalty on Bank of India, Karnataka Bank

Mumbai: The Reserve Bank on Thursday said it has imposed a penalty of Rs 5 crore on state-owned Bank of India for non-compliance with cer...Read More

Bank Of India slashes external benchmark lending rate by 75 bps

Bank Of India slashes external benchmark lending rate by 75 bps

Bank of India on Sunday said it has reduced the lending rate linked to external benchmark by 75 basis points (bps) to 7.25 per cent, effe...Read More

SBI cuts MCLR by 5 basis points across tenors, other lenders too announce cuts

SBI cuts MCLR by 5 basis points across tenors, other lenders too announce cuts

SBI said in view of surplus liquidity in the system, it has realigned its interest rate on retail term deposits (less than Rs 2 crore) an...Read More

Bank of India logs net profit of Rs 138 cr in Q3

Bank of India logs net profit of Rs 138 cr in Q3

New Delhi: Bank of India on Friday reported a consolidated net profit of Rs 138.20 crore for December quarter 2019-20.The state-owned len...Read More

Bank of India signs loan co-origination pact with Paisalo Digital

Bank of India signs loan co-origination pact with Paisalo Digital

Mumbai - Bank of India has signed a pact with Paisalo Digital to lend to micro borrowers through online platforms. This pact will also en...Read More

Bank of India reports Q2 profit of Rs 266 crore but asset quality remains poor

Bank of India reports Q2 profit of Rs 266 crore but asset quality remains poor

Mumbai: Government-owned Bank of India has reported a net profit of Rs 266 crore in the July to September quarter of current fiscal compa...Read More

Bank of India Q2 net profit at Rs 266 crore

Bank of India Q2 net profit at Rs 266 crore

The bank had posted a loss of Rs 1,156.25 crore in the July-September quarter last fiscal.

Bank of India launches festive offer; waives loan processing charges

Bank of India launches festive offer; waives loan processing charges

New Delhi: State-owned Bank of India (BoI) under its festive offer for retail products is offering home loans at concessional interest ra...Read More

Bank of India offers external benchmark-linked loan products

Bank of India offers external benchmark-linked loan products

Housing, vehicle and personal loans will be linked to an interest rate based on Reserve Bank's repo rate

Ujjain: BoI holds brain storming session

Ujjain: BoI holds brain storming session

Bankers of 111 branches of BoI participated in the meeting in which a detailed review of bank’s performance was made besides establishing...Read More

Loader walks out of vault with 20kg gold

Loader walks out of vault with 20kg gold

A loader decamped with gold bars weighing 20 kg & worth Rs 6.6 crore from Bank of India's Zaveri Bazaar branch on Wednesday afternoon.

Indore: Loan of Rs 1,656 lakh disbursed

Indore: Loan of Rs 1,656 lakh disbursed

Indore: Acting on Centre’s directive, a mega MSME outreach camp was organised in the city on Monday wherein loans worth Rs 1,658 lakh wer...Read More

Bhopal: Mini, small & medium enterprises strengthen country’s economy

Bhopal: Mini, small & medium enterprises strengthen country’s economy

Bhopal: Mini, Small and Medium Enterprises co-operation and contact program was organized at ITI auditorium by Bank of India under the ch...Read More

Indore: Theft at three places including ATM; cash, goods worth Rs 23,000 stolen

Indore: Theft at three places including ATM; cash, goods worth Rs 23,000 stolen

Indore: Thieve targeted three places including a bank ATM booth and managed to flee with cash and other goods worth Rs 23,000 on Sunday. ...Read More

Lending curbs lifted on Bank of India, Bank of Maharashtra , Oriental Bank of Commerce

Lending curbs lifted on Bank of India, Bank of Maharashtra , Oriental Bank of Commerce

Mumbai: The Reserve Bank of India (RBI) Thursday removed three state-owned banks from its weak-bank watch list, a move that will lift len...Read More

State banks likely to shut 69 more branches abroad

State banks likely to shut 69 more branches abroad

New Delhi: State banks are in the process of closing or rationalising about 69 overseas operations in the next few months as part of thei...Read More

MDFA – Football:  Air India strike late to hold Bank of India 1-1

MDFA – Football: Air India strike late to hold Bank of India 1-1

Mumbai: Former champions Air India (AI) were lucky to earn a point as they scored a late equaliser in the final minute to salvage a 1-1 d...Read More

Bank of India net loss at Rs 1,156 crore

Bank of India net loss at Rs 1,156 crore

NEW DELHI: State-owned Bank of India reported a net loss of Rs 1,156.25 crore for the quarter ending September due to a jump in provision...Read More

Most lenders see bad loan burden easing

Most lenders see bad loan burden easing

Mumbai: The Reserve Bank of India’s (RBI) clean-up drive has started to show some results with 13 banks reporting lower NPAs in the last ...Read More

Free Press Journal

www.freepressjournal.in