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  Senior citizen fixed deposits: List of banks that offer best interest rate in November 2024

  Business | November 18, 2024 17:08 IST

  Banks and NBFCs are offering Senior Citizen Fixed Deposits exclusively for individuals aged 60 and above. These FDs offer higher interest rates than regular FDs, giving retired employees a reliable source of income and financial security during their golden years.

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  Bank Strike today: Which branches will remain closed and what services will be affected?

  Business | August 28, 2024 15:00 IST

  The All India Bank Employees Association (AIBEA) has called for a one-day strike today, protesting actions taken by the Bank of India. The strike is expected to impact banking services across the country.

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  Bank of India plans share sale to meet Sebi's minimum public holding norms

  Business | July 09, 2023 13:49 IST

  Public sector banks have time till August 2024 for meeting the Securities and Exchange Board of India (Sebi) requirement.

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  ICICI, Bank of Baroda, Bank of India hike interest rates on all types of loans

  Business | May 06, 2022 11:06 IST

  The Reserve Bank on Wednesday announced to hike the benchmark repo rate -- the short term lending rate it charges to banks -- by 0.40 per cent to 4.40 per cent with immediate effect.

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  Bank of India approves Rs 3,000 crore QIP, sets floor price at Rs 66.19 per share

  Business | August 26, 2021 12:52 IST

  The bank aims to fuel its regular business growth, apart from deploying capital for improving the technical platform, co-lending digital operations, tie-ups with fintech companies, and synchronization of tech platform with overseas and domestic operations.

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  RBI imposes Rs 6 crore penalty on Bank of India, Punjab National Bank

  Business | June 08, 2021 10:29 IST

  RBI has imposed penalty aggregating to Rs 6 crore on Bank of India and Punjab National Bank for contravention of norms.

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  Bank of India to raise Rs 8,000 crore, gets shareholders' nod

  Business | September 20, 2020 12:27 IST

  Bank of India has received its shareholders approval to raise up to Rs 8,000 crore through several modes including equity shares.

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  Bank of India Recruitment 2020: Over 200 BOI vacancies notified. Check salary, other details

  September 15, 2020 18:02 IST

  Bank of India Recruitment 2020: The Bank of India (BOI) has invited applications for Credit Officer and other posts. Interested candidates should read on to know about the last date to apply, eligibility criteria, selection criteria and the salary offered.

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  Bank of India Q4 loss at Rs 3,571 crore

  Business | June 25, 2020 17:28 IST

  Bank of India on Thursday reported a standalone net loss of Rs 3,571.41 crore for the quarter ended March 31, 2020 due to higher provisions for bad loans. The bank clocked a profit of Rs 251.79 crore in January-March 2018-19.

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  CBI books BJP leader Mohit Kamboj, 4 others in Rs 67-crore cheating, forgery case

  India | June 17, 2020 16:58 IST

  ​The CBI has booked BJP leader Mohit Kamboj and four others for alleged criminal conspiracy, cheating and forgery pertaining to a loan of Rs 67 crore from Bank of India, a charge denied by the political leader.

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  People line-up outside ATMs in Bengal after money is transfered in accounts from 'mystery' source

  India | February 18, 2020 14:12 IST

  People in Bengal's Burdwan are lining up outside ATMs after money ranging from Rs 3,000 - Rs 35,000 is transfered in their accounts from a 'mystery' source.

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  Bank strike: Alert! SBI, BoB, other banks to remain closed on these days. Check details

  Business | January 31, 2020 12:12 IST

  Bank Strike: All government banks including SBI (State Bank of India) have decided to go on two-day strike, starting from today. Services at branches, particularly in PSUs, could be affected as several bank employees' unions have called for a two-day bank strike.

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  Bank of India, Bank of Baroda and Canara Bank get new MD & CEOs

  Business | January 21, 2020 7:40 IST

  The government on Monday appointed heads of three large public sector banks - Bank of Baroda, Bank of India and Canara bank for a period of three years. Sanjiv Chadha has been appointed as Managing Director (MD) and Chief Executive Officer (CEO) of Bank of Baroda (BoB) by Appointments Committee of the Cabinet (ACC).

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  Bank of India cuts one-year MCLR rates by up to 20 basis points

  Business | December 09, 2019 21:21 IST

  ​State-run Bank of India on Monday revised its one-year MCLR-based lending rates by up to 20 basis points across various tenors, effective Tuesday. The move comes hours after the larger peer State Bank of India announced 10 bps reduction to 9.90 percent in its one-year MCLR or marginal cost-based lending rates-based loan pricing.  

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  Bank of India, IOB report NPA divergences; losses widen for FY19

  Business | November 17, 2019 15:08 IST

  State-owned Bank of India and Indian Overseas Bank have reported divergences in their bad loans for the fiscal ended March 2019, resulting into the widening of net losses for the year. Chennai-headquartered Indian Overseas Bank has reported a net non-performing asset (NPA) divergence of Rs 358 crore for 2018-19, due to which the divergence in provisioning came in at Rs 2,208 crore, according to a regulatory filing by the bank.

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  BBB recommends names for heading 3 state-owned banks

  Business | November 13, 2019 15:41 IST

  The Banks Board Bureau (BBB) has recommended names of Sanjiv Chadha, L V Prabhakar and Atanu Kumar Das for the post of managing director and chief executive officer (MD & CEO) of three state-owned lenders -- Bank of Baroda, Canara Bank and Bank of India

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  Bank of India post Rs 266 crore profit in Q2

  Business | November 01, 2019 14:43 IST

  During the quarter ended September 30, 2019, Bank has redeemed Tier II Bonds aggregating to Rs 1,000 crore by exercising call option.

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  Half a dozen public sector banks cut lending rates by up to 0.25%

  Business | October 10, 2019 19:05 IST

  About half a dozen public sector banks, including Bank of India, Oriental Bank of Commerce and Bank of Maharashtra, have reduced lending rates by up to 25 basis points following a cut in the key policy repo rate by the RBI last month.  

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  Bank of India asks account holders to stop using debit cards for cash withdrawal

  Business | September 13, 2019 16:19 IST

  Earlier, in August a video of cloning mechanism installed in Delhi's Canara Bank ATM had widely gone viral on social media. After which several banks including, SBI, HDFC, ICICI and many others had warned its customer of the fraudster.

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  Bank of India Recruitment 2018: Job openings for credit officers; here's how to apply

  Career | April 18, 2018 16:57 IST

  The Bank Of India has invited online applications for recruitment of Officers (Credit) in General Banking Stream. The interested and eligible candidates can apply online through the official Bank of India website.