BoI Q1 Net plummets 84% on higher bad loan provisioning

The bank had a net profit of Rs 805.69 crore in the first quarter of 2014-15 fiscal.

BoI raises $750-m overseas debt at 3.125%, its lowest ever

State-run Bank of India Tuesday raised USD 750 million by selling five-year bond to international investors at a coupon of 3.12 percent, it lowest pricing so far.

BoI net plunges 70% as bad loans, provisions soar

State-run Bank of India (BoI) today reported a massive 70 per cent dip in its net profit at Rs 173 crore in the quarter to December, from Rs 586 crore a year ago, driven down by a spike in bad loans and the resultant higher provisioning.

BoI profit drops 70% to Rs 173 cr in Q3 on higher provisioning

The bank had posted net profit of Rs 585.82 crore for the October-December quarter of the 2013-14 fiscal.

BoI to raise Rs 642cr by selling shares to LIC, New India

The bank has called extraordinary general meeting of the shareholders on March 7, it said.

Bank of India Q2 net profit up 26% at Rs 786 crore

The bank had a net profit of Rs 621.77 crore in the July-September quarter of 2013-14 fiscal.

Bank of India Q2 net jumps two fold to Rs 622 cr

Bank of India (BoI) on Thursday reported two-fold jump in net profit at Rs 621.77 crore for the July-September quarter.

BoI to take call on raising Rs 2,200 cr capital by yr end

The bank has set a target of Rs 8 lakh crore business during this fiscal.

Bank of India shares fall intra-day on freak trade speculation

Shares of Bank of India Tuesday fell nearly 8 percent for a brief period on the National Stock Exchange during afternoon trade on speculation of freak trades, but recovered soon to end with gains.

Bank of India Q2 net plunges 38.5% as provisions zoom 79%

Bank of India Monday reported 38.5 percent dip in profit to Rs 302 crore in the second quarter as provisions for bad loans jumped a massive 79 percent.

Bank of India lowers term deposit rates by 0.10%

For deposits of less than Rs 15 lakh it has lowered the interest rate to 6.5 percent from 7 percent for maturity between 31 days to 45 days, the public sector bank it said in a BSE filing.

SBI, BoI allowed to operate in Pak

India and Pakistan have agreed to allow two banks each from both the countries to set up branches across the border.

BOI presents Rs 251.92-cr dividend cheque to govt for FY12

Bank of India (BOI) on Friday presented the government a dividend cheque of Rs 251.92 crore for the financial year 2011-12.

Bank of India Q4 net up two-fold at Rs 952.73 cr

The bank had posted net profit of Rs 493.64 crore in the year-ago period.

Bank of India to rename its Indonesian arm

Public sector lender Bank of India on Monday said it will rename its Indonesian arm, Bank of Swadesi, as Bank of India Indonesia.

BoI likely to start MF business next fiscal

Public sector lender Bank of India is hopeful of starting its asset management business next fiscal and currently waiting for regulatory approvals, a top official said on Monday.

BoI to raise money through MTN as Europe situation improves

The state-run lender, which had a MTN programme of raising around USD 5 billion in 2005, has raised USD 1.475 billion till now.

Bank of India gets new executive director

Prior to his appointment, Raghavan was associated with Indian Overseas Bank.

Bank of India likely to re-launch mutual fund biz by December

State-run lender Bank of India has decided to advance its proposed re-entry into the mutual fund business by a few months to December.

BoI seeks Rs 2,000-cr infusion from Govt; Q2 net down 58%

State-owned Bank of India (BoI) has sought a Rs 2,000 crore capital infusion from the government even as its Q2 net profit fell by 57.67 percent due to high provisions.