BoI

State-owned reported a 22% fall in net profit at Rs 561.5 crore for the June quarter owing to a sharp fall in treasury earnings. The net profit was Rs 720 crore in the year ago period. The bank's net interest income rose about 30% at Rs…

(BoI) has set an ambitious Rs 2,500 crore quarterly recovery target for the current fiscal year as the public sector bank looks to expand after years of stagnation. CEO AK Das said he expects the loan book to grow in double digit this…

is seeking buyers for its ₹3,600-crore distressed loan portfolio, including advances given to the twin Srei Group companies in administration currently, two people aware of the development told ET. The bank has shared a list of 65 such…

The National Company Law Tribunal (NCLT) on Monday reserved its order on the petition filed by Amazon opposing Bank of India's plea to initiate insolvency resolution proceedings against debt-ridden (FRL). After hearing the arguments of…

New Delhi: State-owned Bank of India (BoI) is mulling to raise up to Rs 2,500 crore in fresh equity capital as it requires to increase the public shareholding in the bank to 25 per cent to comply with regulatory norms. Presently, public…