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India

Bank of India Ltd (BOI.NS)

BOI.NS on National Stock Exchange of India

83.50INR
12:53pm IST
Change (% chg)

Rs-0.75 (-0.89%)
Prev Close
Rs84.25
Open
Rs84.70
Day's High
Rs85.40
Day's Low
Rs81.75
Volume
5,015,486
Avg. Vol
8,657,588
52-wk High
Rs216.80
52-wk Low
Rs76.50

Latest Key Developments (Source: Significant Developments)

Bank Of India Merges Certain Branches in England
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Bank of India Ltd ::SAYS EAST HAM BRANCH MERGED WITH WEMBLEY (LONDON) BRANCH AND MANCHESTER BRANCH MERGED WITH BIRMINGHAM BRANCH AS ON SEPT 18.  Full Article

Bank Of India Exec Says Q1 Recovery 26.99 Billion Rupees
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Bank of India Ltd ::BANK OF INDIA EXEC SAYS Q1 RECOVERY 26.99 BILLION RUPEES.  Full Article

Bank Of India June Quarter Net Profit Up 8.4 Percent
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Bank of India Ltd ::JUNE QUARTER NET PROFIT 951.1 MILLION RUPEES VERSUS PROFIT OF 877.1 MILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER LOSS WAS 12.60 BILLION RUPEES.JUNE QUARTER INTEREST EARNED 100.13 BILLION RUPEES VERSUS 94.96 BILLION RUPEES LAST YEAR.JUNE QUARTER PROVISIONS AND CONTINGENCIES 25.64 BILLION RUPEES VERSUS 22.45 BILLION RUPEES LAST YEAR.JUNE QUARTER PROVISIONS FOR NPA 22.60 BILLION RUPEES VERSUS 21.56 BILLION RUPEES LAST YEAR.JUNE QUARTER GROSS NPA 16.66 PERCENT VERSUS 16.58 PERCENT PREVIOUS QUARTER.JUNE QUARTER NET NPA 8.45 PERCENT VERSUS 8.26 PERCENT PREVIOUS QUARTER.  Full Article

Bank Of India Says Loans To Diamond Power Infra Classified As Fraud Since March 2018
Monday, 9 Jul 2018 

July 9 (Reuters) - Bank of India Ltd ::CLARIFIES ON NEWS ITEM ON CBI ARRESTING FOMRER GM AND DGM IN LOAN SCAM.BANK OF INDIA - BANK HAS SANCTIONED VARIOUS CREDIT FACILITIES TO THE BORROWER NAMELY DIAMOND POWER INFRASTRUCTURE IN 2008.BANK OF INDIA - LOAN IS NPA SINCE JAN 9 2015; BANK HAS CLASSIFIED IT AS FRAUD ON MARCH 13, 2018 AND FILED COMPLAINT WITH CBI.BANK OF INDIA - BANK HAS ALSO FILED APPLICATION WITH NCLT AHMEDABAD FOR RECOVERY OF DUES.BANK OF INDIA - PRESENT OUTSTANDING AMOUNT AGAINST DPIL IS 6.01 BILLION RUPEES AGAINST WHICH ROVISION OF 3.18 BILLION RUPEES IS HELD.  Full Article

Shrenuj & Co Says Bank Of India Filed Application Against Co With NCLT Under Insolvency Code
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Shrenuj And Company Ltd ::BANK OF INDIA FILED APPLICATION AGAINST CO WITH NCLT UNDER INSOLVENCY AND BANKRUPTCY CODE.  Full Article

Bank of India ‍NIM improves to 2.15 pct in September
Friday, 10 Nov 2017 

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 

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 expects bad loan additions to be lower in 2017/18 than 2016/17
Monday, 22 May 2017 

May 22 (Reuters) - Bank of India Ltd :Bank of India exec says expects NPA situation to improve.Bank of India exec says expects bad loan additions to be lower in 2017/18 than 2016/17.  Full Article

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India raises key rate for first time since 2014, retains 'neutral' stance

MUMBAI Growing inflation concerns prompted the Reserve Bank of India (RBI) to raise its policy rate for the first time in over four years on Wednesday, but it surprised some economists by keeping its stance "neutral" instead of changing to "tighten".