Nifty PSU Bank Index Hits Record High, Indian Bank Up 22% in One Week
Shares of public sector enterprise (PSU) banks rose on Friday, with the Nifty PSU Bank Index hitting an all-time high of 3,310, surging 3% in...
Tag : Bank of India
Kotak Mahindra Bank Reports 5,278 Fraud Cases in Q1FY22-23, SBI 9 Only
According to the Reserve Bank of India (RBI) data, Leading private sector lender Kotak Mahindra Bank recorded as many as 5,278 fraud cases in Q1FY22-23...
IDBI Bank Hits Four-Month High on Privatisation Hopes
Shares of IDBI Bank Ltd surged more than 9% to a four-month high of Rs 43.85 on the BSE after Bloomberg reported that the government...
BoI Net Profit Rises 142.3% To Rs 606 Crore in Q4 FY22
Bank of India’s net profit rose 142.3% to Rs 606 crore in the fourth quarter of fiscal 2022, boosting net interest margins. It posted a...
DHFL Creditors, Depositors Reject Distribution Proposal
The committee of creditors (CoC) to Dewan Housing Finance Corp. Ltd (DHFL) has overwhelmingly rejected a proposal to increase recoveries for smaller investors, including fixed...
Public Sector Banks Jump Upto 10%
Shares of four public sector banks i.e., Indian Overseas Bank, Bank of India, Central Bank of India and UCO Bank rose up to 10 per...
BOI To Acquire 49% Stake Each In BOI AXA Investment Managers And Trustee Services
Bank of India on Thursday said it will acquire a 49% stake each in BOI AXA Investment Managers Pvt Ltd and BOI AXA Trustee Services Pvt...
Bank of India’s Sep Quarter Profit Gained By Rs 543 Crores
Shares of Bank of India on Friday gained 3 per cent after the firm reported an over two-fold jump in September quarter consolidated net profit.The...
Loan Product ‘SAFA’ Planned by SBI for Organic Cotton Growers
A new product, SAFAL, is undergoing plans for launch by the State Bank Of India. The main aim of this initiative is to facilitate organic...
Bank of India Reports Net Loss of Rs 3,571 Cr in Mar Quarter
State-owned lender Bank of India on Thursday reported a net loss of Rs 3,571.41 crore for March quarter of FY20, on the back of higher provisioning. The...