Bank of India on Friday said it will sell 25.05 percent stake in its insurance JV Star Union Dai-ichi Life Insurance Co for at least Rs 1,106 crore
Total 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
Two days after RBI hikes repo rate, Bank of India raises lending MCLR by 10 bps across various tenors
Following peers, state-owned Bank of India has hiked lending rates based on MCLR by 0.10 percent for various tenors.
There is now no need for QIP this fiscal as more capital would also flow-in through recap bonds,
Bank of India has already brought down number of ATMs in country from 7,807 in December last year to 7,717 in April
Until this point, the script for state-run banks is not that different from what was seen in the recent quarters
Our picks for today are: ONGC, Ambuja Cements and Bank Of India.
SITA will provide technology to airline companies to register passenger information of every flight and transfer the same to the Bureau of Immigration.