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India

Bank of India Ltd (BOI.NS)

BOI.NS on National Stock Exchange of India

156.90INR
16 Jan 2018
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Rs156.90
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Tue, Jan 16 2018

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Bonds slump after RBI deputy warns of banks' high interest rate risks

MUMBAI Indian bonds slumped to a near two year low on Tuesday after a central bank deputy governor highlighted growing balance sheet risks for state banks due to their high exposure to government securities.

BRIEF-Bank Of India Says No Plans Of Levying Charges On Services Cuurently Offered For Free

* BANK OF INDIA - BANK DOES NOT HAVE ANY PLAN OF LEVYING CHARGES ON THOSE SERVICES WHICH ARE AVAILABLE FREE OF CHARGES CURRENTLY Source text: There were reports in some segments of Social media, Print & Visual media that all free services of PSBs including Bank of India will be ceased from January 20, 2018. It is hereby clarified that Bank of India does not have any plan of levying charges on those services which are available free of charges currently] Further company coverage:

BRIEF-Bank Of India To Consider Capital Raising Plans

* SAYS TO CONSIDER CAPITAL RAISING PLANS BY BANK Source text - http://bit.ly/2EvODIH Further company coverage:

BRIEF-Bank Of India Signs MoU With Receivables Exchange Of India As TReDS Partner

* BANK OF INDIA - SIGNS MOU WITH RECEIVABLES EXCHANGE OF INDIA AS TRADE RECEIVABLES DISCOUNTING SYSTEM PARTNER Source text: [Bank of India, has entered into MOU with Receivables Exchange of India Ltd (RXIL) as a TReDS (Trade Receivables Discounting System) partner for discounting invoices of MSMEs on digital platform .] Further company coverage:

BUZZ-India's banking shares rise; govt seeks parliament nod for extra spending for recapitalisation

** Shares of Indian banks rise after the government sought parliament approval for 800 bln rupees ($12.62 bln) extra spending to recapitalise state banks

RBI puts Allahabad Bank under prompt corrective action

India's Allahabad Bank said the Reserve Bank of India (RBI) has initiated 'prompt corrective action' (PCA) against the state-run lender over its high bad loans.

State-run Bank of India says gets $354 million capital from government

MUMBAI State-run Bank of India, the country's sixth biggest lender by assets, said on Saturday it received 22.57 billion rupees ($353.6 million) from the government, joining other lenders in which the government is injecting funds to shore up their capital base.

State-run Bank of India says gets $354 mln capital from government

MUMBAI, Dec 30 State-run Bank of India, the country's sixth biggest lender by assets, said on Saturday it received 22.57 billion rupees ($353.6 million) from the government, joining other lenders in which the government is injecting funds to shore up their capital base.

MEDIA-Bank of India to shut 400 ATMs, 300 more under review - Business Standard

- Note: Reuters has not verified this story and does not vouch for its accuracy

RBI prescribes additional corrective measures against United Bank of India

United Bank of India on Wednesday said the Reserve Bank of India (RBI) has prescribed additional actions under its 'prompt corrective action' (PCA) measures against the lender over its high level of bad loans, low leverage ratio and capital needs.

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