Latest News on Bank Of India
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Bank Of India - Total results - 103
Dec 28, 2018
RBI governor Shaktikanta Das meets private sector bankers; discusses liquidity issuesAt the past two meetings held between RBI and state- run banks, Das had deliberated on the prompt correction action framework.
Dec 27, 2018
Govt plans to infuse Rs 28,615 cr into 7 public sector banks soon; Bank of India likely to get highest amountThe government had earlier announced an infusion of Rs 65,000 crore in PSBs in 2018-19, of which Rs 23,000 crore has already been disbursed, while Rs 42,000 crore is remaining.
Dec 20, 2018
Bank of India eyes Rs 1,200 crore by selling entire 28.96% stake in Star Union Dai-Ichi Life InsuranceStar Union Dai-ichi Life Insurance, which commenced operations in February 2009, is a joint venture between Bank of India, Union Bank of India and the Japanese major Dai-ichi Life Insurance Company
Dec 14, 2018
RBI board meeting with new governor Shaktikanta Das gets under way; to discuss contentious issuesUnlike the last meet, which lasted for 10 hours, Friday's meeting is likely to get over by afternoon.
Nov 27, 2018
Amitabh Bachchan clears loans of over 1,300 Uttar Pradesh farmers, invites 70 of them to MumbaiAmitabh Bachchan completed the loan payment process and invited 70 farmers to Mumbai by blocking an entire train compartment for them to personally give away the bank letters.
Nov 12, 2018
Bank of India registers net loss of Rs 1,156 cr in Q2 on higher provisions for bad loansTotal income of the bank fell to Rs 10,800.24 crore during the quarter ending September from Rs 11,600.47 crore in the same period of 2017-18, according to a regulatory filing by Bank of India
Sep 21, 2018
Bank of India invites bids for stake sale in three associate companies, plans to raise Rs 1,000 croreBank of India had earlier said it expects to raise around Rs 800 crore through sale of its stake in STCI Finance and in SIDBI, by the third quarter of 2018-19
Sep 16, 2018
CBI likely to file chargesheet against Vijay Mallya in a month, bank officials also to be named as accusedCBI has already filed a charge sheet against Mallya in 2017 in connection with a separate case related to Rs 900 crore pending loan given by IDBI bank in which senior officials of the bank were allegedly involved
Aug 24, 2018
PSBs should have operational freedom like private players to deal with issues, says Bank of India non-executive chairmanMost of the problems in the banking sector are due to operational issues rather than ownership issues, Bank of India non-executive chairman G Padmanabhan said
Aug 15, 2018
Banks' bad loans mound declines for the first time in five quarters; the NPA mess explained in 7 chartsseven charts throw more light on the bad loans crisis that has engulfed the nation's banking sector.