Tag Archive for Bank of India

BANK OF INDIA ANNOUNCES MARCH 2019 (Q4 & FY 2018-19)

Share/Bookmark

By K Vivek Mobile: 9820310487 Email: indianshowbusiness@gmail.com

  • Global Business of the Bank stood at Rs.9,03,722 crore as on March 31, 2019 against Rs. 8,96,850 crore as on March 31, 2018 Read more

Bank of India salutes Indian Armed Forces on Veterans’ Day 14th January 2019

Share/Bookmark

By K Vivek Mobile: 09920183006 Email:indianshowbusiness@gmail.com

On the occasion of Armed Forces Veterans’ Day on 14th January 2019, Bank of India salutes Indian Armed Forces Veterans and shares a tribute to the Indian Armed Forces for their service to the Nation.

“Brave men rejoice in adversity just as brave soldiers triumph in war. On Armed Force Veterans’ Day, which is held on the 14th of January every year to commemorate the selfless devotion and sacrifice of our Veterans who laid down their lives in the defence of the nation, Bank of India also pays its homage to the brave souls. This day is also dedicated to the indomitable spirit of those personnel who served the Indian Armed Forces with pride and honour and Bank of India salutes them.” – Bank of India

Read more

BANK OF INDIA NO. 1 BAGS PRESTIGIOUS ABCI ‘MAGAZINE OF THE YEAR 2017’ AWARD FOR ITS HOUSE JOURNAL ‘TAARANGAN’ AT MUMBAI

Share/Bookmark

By K. Vivek Mob: 09920183006 Email: indianshowbusiness@gmail.com

(Right to Left) BOI Zonal Manager (Mumbai) Shri Vivek Wahi, General Manager (HR) Shri Mrityunjay Gupta, CMD ECGC Ltd. Govt. of India Smt. Geetha Mularidhar, Editor Shri Sartaj M Shakeel, CM (Pub.) Shri Sanjay Banerjee & President (ABCI) Shri Yogesh Joshi.

Bank of India, one of the Premium Public Sector Bank of India bagged the prestigious ABCI ‘Magazine of the Year 2017’ Award for its House Journal ‘Taarangan’ during glittering 57th Annual Awards Nite held at Hotel Taj Mahal Palace, Mumbai organized by Association of Business Communicators of India (ABCI) on Friday. Bank was also awarded with ‘Gold Prize’ for its Corporate Hindi Magazine ‘BOI Vaarta’ along with 5 other category awards including one for its Corporate Film.

Read more

Bank Of India net profit zooms by 40.94%

Share/Bookmark

By Vivek K Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Bank of India announced its audited results for the Q2 FY 2017-18, following approval by its Board of Directors on November 10, 2017.

 

Highlights of Financial Results:

 

v  Q-2 Net Profits rose by 40.94% Y-o-Y.

v  Sequentially, Net Profits shot up by 104.08%

v  NIM improved from 1.99% in June 2017 to 2.15% in September,2017

v  Gross NPA Ratio, which has declined for consecutive for four quarters.

v  Provision Coverage Ratio improves to 65.23% from 55.23% in September,2016 Read more

Bank of India reports an operating profit of Rs. 1,458 crore for the quarter ended September 30, 2015

Share/Bookmark

By Ashok Punatar Mob: 09820746494 Email: ashokpunatar@yahoo.com

Shri Jain Bhushan (CFO, BOI), Shri R P Marathe (Executive Director, BOI), Shri Melwyn Rego (Managing Director & CEO) and Shri R A Sankara Narayanan (Executive Director, BOI) at the press conference to announce Q2FY16 results of the Bank

Bank of India reported an operating profit of Rs. 1,458 crore for the quarter ended September 30, 2015. The Q2 results were announced by Shri Melwyn Rego (Managing Director & CEO) in the presence of Shri R P Marathe (Executive Director, BOI) and Shri R A Sankara Narayanan (Executive Director, BOI) at a press conference in Mumbai. The Net Interest Income stood at Rs. 3,020 crore and the Non-Interest Income stood at Rs. 778 crore. Operating Profit FOR h1FY16 stood at Rs. 3,162 crore. Net Interest Income stood at Rs. 5,932 crore. Non-Interest Income stood at Rs. 1,619 crore.

Read more

Bank of India Net Profit at Rs. 130 cr in Q1 FY 2016

Share/Bookmark

By Ashok Punatar Mob: 9820746494 Email: ashokpunatar@yahoo.com

(L - R) Shri Anant Upadhyay (CFO), Shri R.A. Sankara Narayanan (Executive Director), Shri B.P. Sharma (MD & CEO) and Shri R.P. Marathe (Executive Director) at the press conference of Bank of India announcing the Q1 FY 16 financial results

Bank of India has posted a net profit of Rs 130 crore for the quarter ended June 30, 2015 while operating profit stood at Rs 1704 crore. The net interest income of the bank stood at RS 2,913 crore while non-interest income was at Rs 840 crore as on June 30, 2015.  Bank of India’s retail advances grew 20.69% as the total domestic advances increased from Rs 2,62874 crore in June 2014 to Rs 2,80,986 crore in June 2015.

Read more

Bank of India Q4 FY 2015 consolidated net profit stood at Rs.2013 crore

Share/Bookmark

By Ashok Punatar Mob: 09820746494 Email: ashokpunatar@yahoo.com

(L-R): Mr. Anant Upadhyay (CFO & General Manager), Mr. B.P Sharma (ED), Mrs. V.R. Iyer (Chairperson & Managing Director), Mr. R.P. Marathe (ED) and Mr. R.A. Sankara Narayanan(ED) during the press conference held to announce Bank of India's Q4 FY15 results.

Bank Of India announced an consolidated net profit of Rs.2012.90 crore for FY 2015.The Q4 FY2015 results were announced by Mrs. V.R. Iyer (Chairperson & Managing Director), Mr. R.P. Marathe (ED),Mr. R.A. Sankara Narayanan(ED), Mr. B.P Sharma (ED), Mr. Anant Upadhyay (CFO & General Manager).

Read more

Bank of India and MasterCard Launch New Products to Enhance the Payments Experience for Consumers

Share/Bookmark

By Ashok Punatar Mob: 09820746494 Email: ashokpunatar@yahoo.com

Mr. Vikas Varma (Executive Director, South Asia, MasterCard) and Mr. R.P. Marathe (Executive Director, Bank of India) at the launch of new products to enhance the Payments Experience for Consumers

Bank of India (BOI) and MasterCard today announced the launch of its unique card programs namely the Bank of India Business Debit MasterCard, Platinum Credit MasterCard and International Travel MasterCard to further enrich their customer’s payment experiences. They have also signed an in principle agreement to offer an innovative range of banking solutions namely In Control™ for Spend Management andMasterCard Rewards Program which will cater to the ever-evolving digital needs of consumers.

Read more

Shri R. A. Sankara Narayanan elevated as Executive Director in Bank of India

Share/Bookmark

By Ashok Punatar Mob: 09820746494 Email: ashokpunatar@yahoo.com

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank of India Chief General Manager (International Division), Shri R A Sankara Narayanan, has been elevated as an Executive Director in Bank of India itself. He had joined the Bank as a Direct Recruit Officer (DRO) in 1983. A post graduate, MBA and a Certified Associate of the Indian Institute of Bankers (CAIIB), he also has a Diploma in Treasury and Risk Management and P G Diplomas in Personnel Management and Financial Management.

Read more

Bank of India Q2 FY15 Net rises 26%; Net Interest Income grows 20%

Share/Bookmark

By K. Vivek Mob: 09920183006 Email: indianshowbusiness@gmail.com

(L-R) Mr. Anant Upadhyay, General Manager and CFO, Mr. Arun Srivastava, Executive Director , Mrs. V. R. Iyer, Chairperson & Managing Director, Mr. B. P. Sharma, Executive Director, Mr. R. Koteeswaran, Executive Director .

Bank of India announced a Net Profit of Rs. 786 crore (up 26%) for the quarter ended September 30, 2014, as compared to Rs. 622 crore in Q2 FY14. Non-Interest Income grew to Rs. 3,031 crore (up 20%) in Q2 FY15 from Rs. 2,527 crore in Q2 FY14. The Operating Profit grew to Rs. 2136 crore (up 2%) in Q2 FY15 from Rs. 2103 crore in Q2 FY14. Gross NPA Ratio stood at 3.54% in Q2FY15 as against 3.28% in Q2 FY14; Net NPA Ratio was 2.32% in Q2 FY15 as against 2.14% in Q2 FY14; Provision Coverage Ratio was 56.32% for Q2 FY15. Non-Interest Income stood at Rs.1,006 crore in September-14.

Read more