BoB along with other major banks have shown eagerness in lending UTI at sub-PLR mainly due to the excess funds they are maintaining right now, as credit offtake from industry was not satisfactory. Asked whether BoB was approached by ailing IFCI, Shenoy said so far there have been no talks between them but the bank was eager to extend credit if it was backed by good assets. IFCI is believed to have approached two of its leading shareholders IDBI and LIC for additional funds to meet the redemption of debt instruments. BoB posted an impressive 20 per cent growth in net profit at Rs 182.61 crore in the last quarter. Bureau Report.