Page 14 - Bank Of India

BoI to tap retail investors for tier-I capital bonds

Targets Rs 1,000 cr via sale of non-core assets

Bank of India looks to raise Rs 500 cr more from asset sale this year

In June, it raised Rs 540 cr by selling 18% stake in life insurance joint venture with Dai-ichi and Union Bank of India to the Japanese firm

Bank of India Q1 net loss at Rs 741 crore

The state-run bank had earned a net profit of Rs 129.7 cr in the April-June quarter of last financial year

Bank of India to allot preference shares to govt for Rs 1,338 crore

The public lender will seek shareholder approval for the same at its extraordinary general meeting to be held on Aug 30

CRISIL: BoI margins to see pressure

CRISIL has assigned "AA+" rating to Bank of India's (BoI's) Rs 15.0 billion Tier II bond issue (under Basel III)

Bank of India raises Rs 1,000 crore via Basel-III bonds

Bank of India shares closed 0.78% up at Rs 96.30 on BSE

Bank of India sells 18% stake in Star Union Dai-ichi Life

According to sources, value of the transaction is Rs 540 crore, valuing the company at Rs 3,000 crore

S&P lowers long-term issuer credit rating on Bank of India

S&P has lowered its long-term issuer credit rating on BoI to 'BB+' from 'BBB-' because of continued pressure on asset quality

BoI March quarter net loss at Rs 3,587 cr as bad loans rise

This is the bank's third straight quarterly loss; reports record loss of Rs 6,089 cr for FY16, highest among PSU banks