Bank Of India Stock

Among individual stocks, Union Bank of India has soared 44% so far in November. Bank of India, Amara Raja Batteries, Redington and Jindal Stainless have also logged strong gains.

Fall in non-interest income, rise in bad loan provisions drag down company's net

The bank's shareholding in NARCL will come to 9 per cent as on March 21, 2022

The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.

Net interest income declines to Rs 3,145 crore from Rs 3,481 crore a year ago; net interest margin fell to 2.16 per cent in Q1FY22 from 2.48 per cent

First to exit PCA in 2019, the bank's efforts to better its asset quality is yielding results

Shareholders approved the fund raising plan at the extra-ordinary general meeting (EGM) held on Saturday (September 19, 2020), Bank of India said in a regulatory filing

State-owned Bank of India on Saturday said it has received shareholders' nod for raising up to Rs 8,000 crore through various modes, including issue of equity shares

Lender to also set off accumulated losses worth Rs 23,782 cr

Shares of the bank surged after the announcement. At 12.05 p.m., its shares on the BSE were trading at Rs 47.20, higher by 3.17 per cent from the previous close

The bank's GNPA ratio deteriorated sequentially. It came in at 16.5 per cent, up from 15.84 per cent clocked in Q4FY19

The stock was up 2% at Rs 105, its highest level since May 29, after the state-owned bank Saturday said the government has decided to infuse Rs 100.86 billion in the bank as part of capital infusion.