close

Size, branch reach make Bank of India an attractive privatisation candidate

First to exit PCA in 2019, the bank's efforts to better its asset quality is yielding results

Among the first to exit PCA in February 2019, BOI has significantly reduced its gross non-performing assets (NPA) from 16.3 per cent in Q3 FY20 to 13.3 per cent in December quarter
Premium

Among the first to exit PCA in February 2019, BOI has significantly reduced its gross non-performing assets (NPA) from 16.3 per cent in Q3 FY20 to 13.3 per cent in December quarter

Mumbai
Ever since the Union Budget, stocks of public sector banks (PSBs) have witnessed a huge rally, thanks to the indication that two such lenders were headed for privatisation.

Names doing the

Also Read

PSBs jump on privatisation buzz; Bank of Maharashtra, IOB hit upper circuit

SBI, Indian Bank: These PSB stocks are likely to rise, show charts

Privatisation hope lifts Nifty PSB index 5%; BoI, IOB gain 40% in 2 days

SBI, PNB, Canara Bank: PSU bank stocks to see more upside, show charts

Govt to infuse Rs 20,000 crore in PSBs via recap bonds; should you buy?

Pricing, ad spends to sustain P&G Hygiene's out-performance in near term

Asset monetisation, sales uptick in US key triggers for Glenmark Pharma

Rich valuations may weigh on Voltas' cool outlook despite stellar Q3 show

Higher EV share, FY22 auto rebound to support Motherson's revenues

Valuations factor in robust volume outlook for Amara Raja

First Published: Feb 17 2021 | 6:12 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com