Page 10 - Bank Of India

Winners' curse: Top bosses at PSBs see their term ending much before time

Govt has appointed 14 EDs at public-sector banks; their performance will be reviewed after three years for a two-year extension

Nifty PSU Bank index up 47% in Feb on improved earnings, privatisation buzz

Indian Overseas Bank, Central Bank of India, Bank of Maharashtra, Bank of India, and Punjab & Sind Bank have seen their share price zoom between 53 per cent and 80 per cent in the last week

HEG, Linde: Despite 50% rally in Feb, these 14 stocks can rise another 25%

The technical outlook continues to show more upside in these stocks

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

Sensex ends flat after volatile trade, holds 52k; IT stks dip, metals shine

The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively

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

In February so far (till Monday), the Nifty PSU Bank index has rallied 16.4 per cent as compared to a 7.2 per cent gain in the benchmark Nifty50

Five-fold spike in BoI's Q3 net at Rs 541 cr as NPA provisions dip

The lender's net interest income and margin shrink year-on-year, non-interest income also declines

Bank of India Q3 net profit jumps over five-fold to Rs 540.72 cr

The firm reported a more than five-fold jump in standalone net profit for the quarter ended in December

Bank of India raises Rs 750 crore through bond issuance

The bank has raised Rs 750 crore by issuing Basel III compliant bonds

Indiabulls Housing Finance appoints ex-BoI CEO as independent director

The board of Indiabulls Housing Finance has approved the appointment of Dinabandhu Mohapatra as an Independent Director (Additional Director), on the Board of Directors of the Company

Indiabulls Housing Fin appoints former BoI MD as independent director

Dinabandhu Mohapatra is a former managing director and CEO of Bank of India

Bank of India Q2 net up 98% to Rs 526 cr on higher net interest income

Gets requests for loan recasts of over Rs 5,000 cr

Bank of India gets shareholders' approval to raise Rs 8,000 crore

Shareholders approved the fund raising plan at the extra-ordinary general meeting (EGM) held on Saturday (September 19, 2020), Bank of India said in a regulatory filing

Bank of India shareholders approve Rs 8,000-cr fundraising via various modes

State-owned Bank of India on Saturday said it has received shareholders' nod for raising up to Rs 8,000 crore through various modes, including issue of equity shares

MARKET WRAP: Indices end flat, Sensex up 60 pts; ITC, TCS rise nearly 2%

All that happened in the markets today

Here's what makes Vaishali Parekh bullish on Bank of India, United Spirits

The stock of United Spirits has taken support near 570 and is forming a double bottom pattern in the daily chart

Bank of India to seek shareholders' nod for raising up to Rs 16,000 cr

State-run Bank of India (BOI) on Wednesday said it plans to raise up to Rs 16,000 crore through issuance of shares and bonds. It will seek shareholders' approval at its Extraordinary General Meeting (EGM) on September 19, the lender said in a regulatory filing. The bank said it plans to issue fresh equity shares up to an amount of Rs 8,000 crore in such a way that the government's shareholding does not fall below 51 per cent. It will also seek approval for issuing perpetual debt instruments, including non-convertible debentures (NCDs), for an amount not exceeding Rs 8,000 crore. It said the allotment of securities shall be through qualified institutional placement (QIP), public issue, rights issue, private placement or such other mode of issue, with or without over-allotment option. Explaining the rationale behind the proposed fund mop-up, it said the Indian banking system has been implementing Basel III guidelines since April 2013 in a phased manner and the norms are to be fully

BOI Q1FY21 pre-tax profit up 271% to Rs 1,332 cr on higher other income

Lower provisions support the better Q1 show; net profit up almost 3.5x to Rs 843 cr

Bank of India Q1 net profit rises three-fold to Rs 844 cr as bad loans ease

The total income during the period under review increased to Rs 11,941.52 crore, from Rs 11,526.95 crore in the year-ago period

Bank of India directors to consider raising funds on August 3, shares surge

Shares of the bank surged after the announcement. At 12.05 p.m., its shares on the BSE were trading at Rs 47.20, higher by 3.17 per cent from the previous close