Tag: Bank of India
14 Results
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Several PSU banks fill posts of executive directors
Bank of Baroda said Debadatta Chand has been appointed as Executive Director for a period of three years from March 10, 2021 or until further orders, whichever is earlier.
March 11, 2021 -
Bank of India’s profit surges over two-fold jump in September quarter
In value terms, gross NPAs or bad loans stood at Rs 56,231.76 crore as against Rs 61,475.60 crore earlier.
November 6, 2020 -
Bank of India to raise Rs 8,000 cr, gets shareholders’ nod
The shareholders gave the approval in its Extraordinary General Meeting on Saturday, the bank said in a regulatory filing.
September 20, 2020 -
Bank of India seeks to raise Rs 16,000 cr after EGM approval
It will also seek approval for issuing perpetual debt instruments, including non-convertible debentures (NCDs), for an amount not exceeding Rs 8,000 crore.
August 27, 2020 -
Bank of India’ considers raising fund through equity shares
he tentative meeting is scheduled for August 3.
July 29, 2020 -
Government appoints LV Prabhakar as new MD & CEO of Canara Bank
Prabhakar joined PNB on March 1, 2018 and holds a Master's Degree in Agriculture and a Certified Associate of Indian Institute of Bankers (CAIIB).
January 24, 2020 -
Bank of India marks Doctors’ Day
Mr Nayak said, "Doctors have devoted their life to serve others, and it's our turn to serve them."
July 2, 2019 -
Enforcement Directorate attaches Rs 483-cr properties of Tayal Group
"Our investigation has revealed that Mumbai-based companies M/s Actiff Corporation Ltd, M/s Jaybharat Textiles & Real Estate Ltd, M/s KKTL and M/s Eskay Knit (India) Ltd of Tayal Group availed loans to the tune of Rs 524 crore by defrauding the Bank of India and Andhra Bank during 2008," said the ED.
May 14, 2019 -
Bank of India postpones Rs 3,000 cr QIP plan
State-owned Bank of India (BoI) has deferred the Rs 3,000-crore capital raising plan through private placement of equity shares after the government’s move to infuse Rs 2,257 crore capital into it, a top official said. “We have postponed the QIP (Qualified Institutional Placement) as the government decided to infuse Rs 2,257 crore capital support into …
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January 15, 2018 -
Bank of India expects to be profitable by September-end
State-run lender Bank of India, which incurred losses for two consecutive financial years, is hopeful of turning profitable by the end of the second quarter ending September of the current fiscal, an official said on Saturday. The lender narrowed down the net losses from Rs 6,089.21 crore in 2015-16 to Rs 1,558.34 crore by end …
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July 15, 2017 -
Bank of India narrows net loss to Rs.1,045.54 crore
The state run lender Bank of India on Monday reported a standalone net loss of Rs.1,045.54 crore in the quarter ended 31 March, 2017 as compared to Rs.3,587.11 crore of net loss incurred in the year-ago period. Its total income in the quarter under review stood at Rs.12,335.71 crore, up by 8.35 per cent from Rs.11,384.91 crore …
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May 22, 2017 -
BoI adopts 89 villages for digitisation
State-run Bank of India on Wednesday said it has adopted 89 villages in the 49 zones it has branches for digitisation. The bank has installed 227 POS (point of sale) machines in these villages, the bank said in a statement. It has set each of its 54 zones a target of converting a …
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April 26, 2017 -
Fire at Bank Of India building in Mumbai
A major fire broke out in the upper floors of Bank of India's heritage building here on Friday evening, officials said. There were no reports of any casualties so far. Thick clouds of smoke could be seen billowing out of the top floors of the building, located close to the Bombay High Court and the …
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April 21, 2017 -
Bank of India to raise Rs.204 cr by issuing shares to LIC
State owned Bank of India will raise Rs.204.42 crore by issuing shares to LIC on preferential basis. The shareholders at the extra ordinary general meeting held on March 30 approved to allotment of 1.75 crore shares on preference basis to LIC at Rs 116.81 per share, the bank said in an exchange filing. Shares of …
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March 31, 2017