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Bank of India News

PSU Bank index soars 31% in 2025; outperforms Nifty for 5th straight year

At 11:39 AM on Wednesday; the Nifty PSU Bank index was the top gainer among sectoral indices, up 1.8 per cent at 8,581.65, as compared to 0.5 per cent rise in the Nifty 50.

PSU Bank index soars 31% in 2025; outperforms Nifty for 5th straight year
Updated On : 31 Dec 2025 | 12:26 PM IST

PSU banks in focus; SBI, Canara Bank gain 2% in subdued market; here's why

As of 10:45 AM, the Nifty PSU Bank index was up 1 per cent, as compared to a 0.16 per cent decline in the Nifty 50.

PSU banks in focus; SBI, Canara Bank gain 2% in subdued market; here's why
Updated On : 17 Dec 2025 | 11:05 AM IST

Bank of India announces update on NCDs, stock advances 2%; check details

The bond issue was opened on December 10. The bank received a total of 68 bids and has accepted 29 of them.

Bank of India announces update on NCDs, stock advances 2%; check details
Updated On : 11 Dec 2025 | 10:05 AM IST

Nifty PSU Bank index at new high; up 27% in 3 months; what's driving PSBs?

Nifty PSU Bank index hit a new high at 8,665.70, in Wednesday's intra-day trade, surpassing its previous high of 8,624.80 touched on Nov 20, 2025. The index has gained 4% in the past two trading days.

Nifty PSU Bank index at new high; up 27% in 3 months; what's driving PSBs?
Updated On : 26 Nov 2025 | 11:30 AM IST

Nifty PSU Bank index up 2%, SBI at new high; here's why PSBs are in demand

Indian Bank, Bank of Maharashtra, Bank of Baroda, Central Bank of India and Canara Bank were up in the range of 2 per cent to 3 per cent in intra-day trade on Tuesday.

Nifty PSU Bank index up 2%, SBI at new high; here's why PSBs are in demand
Updated On : 25 Nov 2025 | 3:13 PM IST

PSU Bank index leaps 30% in 2025; will private banks catch up in 2026?

Nifty PSU Bank index leads gains in 2025 as public sector lenders post strong loan growth, stable profitability and valuation comfort. Analysts expect the rally to continue into 2026

PSU Bank index leaps 30% in 2025; will private banks catch up in 2026?
Updated On : 18 Nov 2025 | 2:08 PM IST

PSU Bank index zooms 24% since Sep; Bank of Baroda, Canara near record high

Bank of Baroda, Canara Bank, Bank of India, Union Bank of India, Uco Bank, Punjab & Sind Bank, Bank of Maharashtra, Indian Overseas Bank and Indian Bank were up in the range of 2-5% in Monday's trade.

PSU Bank index zooms 24% since Sep; Bank of Baroda, Canara near record high
Updated On : 03 Nov 2025 | 10:36 AM IST

Bank of India Q2FY26 results: Net profit up 7.62% on dip in credit costs

The Mumbai-based lender's shares ended 1.67 per cent lower, closing at Rs 123.30 per share on the BSE

Bank of India Q2FY26 results: Net profit up 7.62% on dip in credit costs
Updated On : 17 Oct 2025 | 7:27 PM IST

Bank of India Q2 FY26 results: Net profit rises 7.6% to ₹2,554 crore

State-owned Bank of India (BoI) on Friday reported a 7.6 per cent rise in net profit to Rs 2,554 crore in the September quarter of FY26. The bank posted a net profit of Rs 2,374 crore in the July-September quarter a year ago. Total income rose to Rs 20,626 crore during the September quarter of FY26, from Rs 19,872 crore in the year-ago period. Gross non-performing assets (NPA) of BoI improved to 2.54 per cent of advances in Q2 compared to 4.41 per cent in Q2 of FY25. Provisioning for non-performing assets during the quarter under review was Rs 472 crore as against Rs 1,427 crore in Q2 of FY25. Shares of BoI settled at Rs 123.3 apiece, down 1.67 per cent over the previous close on the BSE.

Bank of India Q2 FY26 results: Net profit rises 7.6% to ₹2,554 crore
Updated On : 17 Oct 2025 | 5:59 PM IST

Bank of India shares rise 3% after Q2 business update; check details here

Bank of India's global business rose to ₹15.61 trillion, up 11.8 per cent Y-o-Y from ₹13.97 trillion in the same period last year

Bank of India shares rise 3% after Q2 business update; check details here
Updated On : 07 Oct 2025 | 12:48 PM IST

Stocks to Watch today, Oct 7: LTIMindtree, Bank of India, HCL Tech, OIL

Stocks to Watch today, October 7, 2025: From Bank of India, HCL Tech to Eternal, here is a list of stocks that will be in focus

Stocks to Watch today, Oct 7: LTIMindtree, Bank of India, HCL Tech, OIL
Updated On : 07 Oct 2025 | 8:12 AM IST

Bank of India's domestic advances rise nearly 15% to ₹5.96 trillion

Bank of India reports 11.8% growth in global business and strong gains in domestic lending, with retail term deposits up 14% year-on-year in September

Bank of India's domestic advances rise nearly 15% to ₹5.96 trillion
Updated On : 06 Oct 2025 | 7:00 PM IST

Systematix bullish on PSBs; BoB, Union Bank may rise up to 30%: Here's why

Systematix noted that PSBs witnessed a remarkable turnaround in FY25, reversing the decade-long decline in their advances market share

Systematix bullish on PSBs; BoB, Union Bank may rise up to 30%: Here's why
Updated On : 19 Sep 2025 | 11:57 AM IST

Nifty PSU Bank index rises 2%; nears 52-week high. What's driving PSBs?

Thus far in the month of September, Nifty PSU Bank index has outperformed by surging 7.5 per cent, as compared to 3.7 per cent rise in the Nifty 50.

Nifty PSU Bank index rises 2%; nears 52-week high. What's driving PSBs?
Updated On : 17 Sep 2025 | 12:01 PM IST

PSU bank index jumps 21% in 6 months; time to rethink investment strategy?

PSU banks rally 21% in 6 months, outpacing private lenders. Experts say strong earnings and credit growth fuelled the surge. Time to rebalance portfolio? Find out investment strategy in bank stocks

PSU bank index jumps 21% in 6 months; time to rethink investment strategy?
Updated On : 12 Sep 2025 | 1:17 PM IST

Nifty PSU Bank index rallies 3% in 2 days; Indian Bank hits all-time high

PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025.

Nifty PSU Bank index rallies 3% in 2 days; Indian Bank hits all-time high
Updated On : 11 Sep 2025 | 12:27 PM IST

Overbought or oversold? 5 PSU bank stocks on technical charts

Shares of PSU banks have rallied up to 24% thus far in FY26; here's what technical charts suggest for Bank of India, Indian Bank, Bank of Baroda, PSB and Central Bank of India.

Overbought or oversold? 5 PSU bank stocks on technical charts
Updated On : 12 Aug 2025 | 11:12 AM IST

Bank of India shares rise 3% post Q1 results; should you buy, sell or hold?

The public sector lender reported a 32.2 per cent year-on-year (Y-o-Y) rise in net profit levels during the quarter ended June 30, 2025, to ₹2,252 crore

Bank of India shares rise 3% post Q1 results; should you buy, sell or hold?
Updated On : 30 Jul 2025 | 11:06 AM IST

Bank of India Q1 net profit rises 32.3% to ₹2,252 crore on treasury gains

Bank of India's net profit for Q1FY26 rises 32.3% to ₹2,252 crore, boosted by strong treasury gains; NIM declines, but asset quality improves

Bank of India Q1 net profit rises 32.3% to ₹2,252 crore on treasury gains
Updated On : 29 Jul 2025 | 7:58 PM IST

Select PSU banks gain up to 4%; Canara, Indian Bank near 52-week highs

At 01:49 PM, the Nifty PSU Bank index, the top gainer among sectoral indices, was up 1 per cent, as compared to a 0.50 per cent decline in the Nifty 50

Select PSU banks gain up to 4%; Canara, Indian Bank near 52-week highs
Updated On : 24 Jul 2025 | 2:41 PM IST