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Bank of India Ltd (BOI.NS)

BOI.NS on National Stock Exchange of India

86.20INR
14 Jun 2019
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Rs73.20

Latest Key Developments (Source: Significant Developments)

Bank Of India Posts March-Qtr Profit
Thursday, 16 May 2019 04:19am EDT 

May 16 (Reuters) - Bank of India Ltd ::MARCH QUARTER NET PROFIT 2.52 BILLION RUPEES VERSUS LOSS OF 39.69 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS AND CONTINGENCIES 18.97 BILLION RUPEES VERSUS 66.74 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 15.84 PERCENT VERSUS 16.31 PERCENT PREVIOUS QUARTER.MARCH QUARTER INTEREST EARNED 108.14 BILLION RUPEES VERSUS 93.47 BILLION RUPEES LAST YEAR.MARCH QUARTER NET NPA 5.61 PERCENT VERSUS 5.87 PERCENT PREVIOUS QUARTER.SAYS DIVERGENCE IN PROVISIONING FOR YEAR ENDED MARCH 2018 IS 14.19 BILLION RUPEES.BANK OF INDIA-ADJUSTED (NOTIONAL) LOSS AFTER TAX FOR YEAR ENDED MARCH 2018 AFTER TAKING INTO ACCOUNT DIVERGENCE IN PROVISIONING IS 75.34 BILLION RUPEES.  Full Article

Bank Of India Gets Shareholders' Nod For Issue Of Shares To India Govt
Tuesday, 26 Mar 2019 06:10am EDT 

March 26 (Reuters) - Bank of India Ltd ::GETS SHAREHOLDERS' NOD FOR ISSUE OF SHARES TO INDIA GOVERNMENT.  Full Article

Bank Of India Says Cenbank Imposes Penalty Of 10 Mln Rupees On Bank
Thursday, 7 Feb 2019 12:56am EST 

Feb 7 (Reuters) - Bank of India Ltd ::RESERVE BANK OF INDIA IMPOSED PENALTY OF 10 MILLION RUPEES FOR VIOLATION OF GUIDELINES ON SCRUTINY OF ACCOUNTS OF SIDHI VINAYAK LOGISTICS.  Full Article

Bank Of India Says Two Officials From Co's Antwerp Branch Called By CBI For Interaction
Friday, 13 Apr 2018 08:38am EDT 

April 13 (Reuters) - Bank of India Ltd ::SAYS TWO OFFICIALS FROM CO'S ANTWERP BRANCH WERE CALLED BY CBI FOR INTERACTION.  Full Article

Bank Of India Allots Fresh Shares To India Govt At 165.32 Rupees Per Share
Wednesday, 28 Mar 2018 08:23am EDT 

March 28 (Reuters) - Bank Of India Ltd ::ALLOTS 558.4 MILLION FRESH SHARES TO GOVERNMENT OF INDIA AT PRICE OF 165.32 RUPEES PER SHARE.  Full Article

Bank Of India Posts Dec-Qtr Loss
Monday, 12 Feb 2018 05:50am EST 

Feb 12 (Reuters) - Bank Of India Ltd ::DEC QUARTER NET LOSS 23.41 BILLION RUPEES VERSUS PROFIT OF 1.02 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER LOSS WAS 693.9 MILLION RUPEES.DEC QUARTER INTEREST EARNED 93.35 BILLION RUPEES VERSUS 98.25 BILLION RUPEES LAST YEAR.DEC QUARTER PROVISIONS 49 BILLION RUPEES VERSUS 23.03 BILLION RUPEES LAST YEAR.DEC QUARTER PROVISIONS FOR NON-PERFORMING ASSETS 43.73 BILLION RUPEES VERSUS 25.46 BILLION RUPEES LAST YEAR.DEC QUARTER GROSS NPA 16.93 PERCENT VERSUS 12.62 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 10.29 PERCENT VERSUS 6.47 PERCENT PREVIOUS QUARTER.  Full Article

Bank Of India Appoints Kollegal V Raghavendra As CFO
Tuesday, 30 Jan 2018 05:17am EST 

Jan 30 (Reuters) - Bank Of India Ltd ::SAYS ANNOUNCES APPOINTMENT OF KOLLEGAL V RAGHAVENDRA AS CFO W.E.F. FEBRUARY 01, 2018..  Full Article

Bank of India ‍NIM improves to 2.15 pct in September
Friday, 10 Nov 2017 04:53am EST 

Nov 10 (Reuters) - Bank Of India Ltd :Says ‍NIM improved from 1.99 percent in June 2017 to 2.15 percent in September, 2017​.  Full Article

Bank of India Sept qtr profit up about 41 pct
Friday, 10 Nov 2017 02:07am EST 

Nov 10 (Reuters) - Bank Of India Ltd :Sept quarter net profit 1.79 billion rupees versus profit of 1.27 billion rupees last year.Consensus forecast for sept quarter profit was 666 million rupees.Sept quarter interest earned 98.94 billion rupees versus 94.58 billion rupees last year.Sept quarter provisions 19.53 billion rupees versus 22.96 billion rupees last year.Sept quarter gross NPA 12.62 percent versus 13.05 percent previous quarter.Sept quarter net NPA 6.47 percent versus 6.70 percent previous quarter.Sept quarter provisions for non performing assets 18.67 billion rupees versus 21.90 billion rupees last year.  Full Article

Bank of India exec: have provided for 60 pct of 10 insolvency bankruptcy accounts
Wednesday, 9 Aug 2017 06:33am EDT 

Aug 9 (Reuters) - Bank Of India MD and CEO Dinabandhu Mohapatra says::Plan to shore up capital base by 80 billion rupees this financial year through various measures.Has exposure of about 82 billion rupees to 10 insolvency bankruptcy accounts.Have provided for about 60 percent of those already.Expects bad loan situation in Q2 to be better than Q1 if no unpleasant surprise.Targeting credit and deposit growth of 8-10 percent in this financial year.  Full Article