Bank of India News and Updates

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Bank of India

18 Jul 2022

117.34

-0.64%

Gambian VP arrives in India, set to participate in CII-EXIM Bank Conclave

Business Standard

Vice President of Gambia Badara A. Joof arrived in India on a five-day visit where he is set to participate in the Confederation of Indian Industry and EXIM Bank of India (CII-EXIM) Bank Conclave 2022 along with other bilateral engagements.In a tweet, the Ministry of External Affairs wrote, "Strengthening the partnership. Greetings to Vice President of The Gambia on his arrival in India. He is on a 5-day visit to India and will participate in CII-EXIM Bank Conclave 2022, besides having other bilateral engagements."Meanwhile, the Namibian Deputy Prime Minister and Foreign Minister Netumbo Nandi-Ndaitwah arrived in the national capital on Sunday for the CII-EXIM Bank Conclave."Warm welcome to DPM & FM Netumbo Nandi-Ndaitwah of Namibia in India. Her participation in CII-EXIM Bank Conclave and extensive engagements over the next few days will further deepen our relations with Namibia in all spheres," External Affairs Ministry spokesperson Arindam Bagchi had said in a tweet.The event

Number of FII/FPI investors decreased from 286 to 273 in Jun 2025 qtr

Bank of India

16 Jul 2022

117.34

-0.64%

BOI shareholders approve raising fresh equity capital up to 2,500 cr

livemint

On Saturday, the state-owned Bank of India said that its shareholders have approved a plan to raise up to 2,500 crores in fresh equity capital through a variety of means.

Number of FII/FPI investors decreased from 286 to 273 in Jun 2025 qtr

Bank of India

15 Jul 2022

117.34

-0.64%

State Bank of India increases MCLR by 10 bps, second hike since June

Business Standard

The six-month MCLR is at 7.45 per cent; one-year MCLR is at 7.50 per cent; two-year MCLR is at 7.70 per cent; and three-year MCLR is at 7.80 per cent

Bank of India has gained 24.88% in the last 6 Months

Bank of India

28 Jun 2022

117.34

-0.64%

Buy State Bank of India; target of Rs 600: Sharekhan

Moneycontrol

Sharekhan is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 600 in its research report dated June 27, 2022.

Number of FII/FPI investors decreased from 286 to 273 in Jun 2025 qtr

Bank of India

22 Jun 2022

117.34

-0.64%

BoI, PNB, IOB: 5 PSBs form 'falling knife' pattern; charts say stay away

Business Standard

Shares of Bank of India, Indian Overseas Bank, Central Bank of India, Punjab National Bank, UCO Bank, Union Bank of India, Punjab & Sind Bank have tanked over 90 per cent from their life-time highs.

Bank of India is trading above all available SMAs

Bank of India

21 Jun 2022

117.34

-0.64%

BoI branches to actively monitor accounts showing signs of incipient stress

Business Line

The bank plans to monitor special mention accounts at the branch level to avoid further slippage

Bank of India has an average target of 134.50 from 2 brokers.

BoI to raise capital up to Rs 2,500 cr to comply with shareholding norm

Business Standard | 20 Jun 2022 1 more

Bank of India

16 Jun 2022

117.34

-0.64%

ED attaches Rs 17.70 cr worth assets of company in bank fraud case

Business Standard

Assets worth Rs 17.70 crore of a company have been attached under the anti-money laundering law in a probe linked to an alleged bank loan fraud of over Rs 804 crore, the ED said on Friday. A provisional order, under sections of the Prevention of Money Laundering Act (PMLA), for the attachment of the movable and immovable properties of the firm identified as ABC Cotspin Pvt. Ltd and related entities was issued on June 10, the agency said in a statement. "During the period 2014-15, the prime accused Ashish S Jobanputra without making any genuine exports, got prepared and signed the fake export documents and presented them to the State Bank of India and Bank of Baroda," the Enforcement Directorate said. Probe found that the "said company was availing bill discounting facilities from the above-mentioned banks against Letters of Credit of prime banks." Jobanputra, it claimed, got these "fake" export bills discounted from banks which remain unpaid and caused loss to the banks. The money

Number of FII/FPI investors decreased from 286 to 273 in Jun 2025 qtr

Bank of India

14 Jun 2022

117.34

-0.64%

State Bank of India hikes deposit, lending rates

Business Today

Country's largest lender raises rates following Central Bank's hike of repo rate by 0.05% last week; New rates to come into effect from June 14.

Bank of India has an average target of 134.50 from 2 brokers.

Buy State Bank of India; target of Rs 600: Motilal Oswal

Moneycontrol | 14 Jun 2022

Bank of India

07 Jun 2022

117.34

-0.64%

Alok Kumar Choudhary appointed State Bank of India MD for 2 years

Business Standard

Choudhary would hold the position of MD till his superannuation on June 30, 2024

Bank of India has gained 24.88% in the last 6 Months

Bank of India

03 Jun 2022

117.34

-0.64%

Crisis-hit Sri Lanka hopes for over $1 billion in foreign investment this year

Business Today

These include proposals by Marubeni Corp and India's Adani Group to set up renewable energy plants on the island, Renuka Weerakone, director-general of the Board of Investment (BoI), told Reuters.

Bank of India is trading above all available SMAs

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Hold 9.28%

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Bank of India News and Updates

Keep track of all breaking news on Bank of India from all sources in a single place.