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Bank of India Ltd (BOI.NS)

BOI.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

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

Bank of India posts June-qtr profit
Wednesday, 9 Aug 2017 03:25am EDT 

Aug 9 (Reuters) - Bank of India Ltd :June quarter net profit 877.1 million rupees versus net loss of 7.41 billion rupees year ago.June quarter interest earned 94.96 billion rupees versus 94.26 billion rupees year ago.June quarter provisions 22.45 billion rupees versus 27.70 billion rupees year ago.June quarter gross NPA 13.05 percent versus 13.22 percent previous quarter.June quarter net NPA 6.70 percent versus 6.90 percent previous quarter.Consensus forecast for June quarter loss was 153.8 million rupees.  Full Article

Bank of India floats request for proposal for sale of 29.96 pct stake in STCI Finance
Monday, 7 Aug 2017 02:56am EDT 

Aug 7 (Reuters) - Bank Of India Ltd ::Says floated a request for proposal (RFP) for sale of its 29.96 percent stake in its associate company i.e. STCI Finance Limited.  Full Article

Bank of India says LIC of India raises stake in co to 14.25 pct
Friday, 7 Jul 2017 06:02am EDT 

July 7 (Reuters) - Bank of India Ltd :Says LIC of India raises stake in co by 3.1 percent to 14.25 percent via open-market purchase and preference share allotment.  Full Article

Bank of India posts $589 mln Q4 loss, misses estimates

May 28 Bank of India Ltd reported https://www.bseindia.com/xml-data/corpfiling/AttachLive/4b2b5b50-dba6-4d2b-a1bf-f0a6db8c3127.pdf a net loss of 39.69 billion rupees ($588.87 million) for the fourth quarter, as the state-owned lender set aside more funds for bad loans.