Bank of India (BoI) is a state-owned commercial bank with headquarters in Mumbai.

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Recent news stories about Bank of India

Vizag may soon emerge as hub of new age technologies

Visakhapatnam, Oct 19
Visakhapatnam or Vizag, as it is popularly known, may emerge as the hub of new age technologies as top financial technology firms are looking at this coastal city to start operations.

Nicco Corp under liquidation process: NCLT

Kolkata, Oct 17

The Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday ordered liquidation proceedings against Nicco Corporation Ltd after its lenders voted against a resolution plan.

North East Small Finance Bank commences operations: RBI

Mumbai, Oct 17

The Reserve Bank of India (RBI) said on Tuesday the North East Small Finance Bank has commenced operations.

RBI orders banks to immediately pay interest under GMS

Mumbai, Oct 17

The Reserve Bank of India (RBI) on Tuesday advised commercial banks to "immediately" pay interest due on the Gold Monetisation Scheme (GMS), 2015.

SBI to help restore Mumbai's heritage site Shivaji Terminus

Mumbai, Oct 17

Biggest public sector lender State Bank of India will help restore and conserve the world heritage site of Central Railway headquarters, the iconic Chhatrapati Shivaji Maharaj Terminus (CSMT), officials said here on Tuesday.

September WPI inflation cools to 2.6% on lower food prices

New Delhi, Oct 16

Cooling of food prices helped ease India's annual rate of inflation based on the wholesale price index (WPI) in September to 2.6 per cent, official data showed on Monday, even as industry welcomed the numbers saying it had opened room for the RBI to cut interest rates.

IndusInd Bank to take over microfinance player Bharat Financial

Mumbai, Oct 14

The Board of Directors of IndusInd Bank Ltd and Bharat Financial Inclusion Ltd on Saturday approved the merger of two companies through a composite scheme of arrangement.

Pranab had every reason for grievance over PM post: Manmohan

New Delhi, Oct 13

Former Prime Minister Manmohan Singh, who had pipped Pranab Mukherjee in 2004, on Friday said the former President had every reason to feel the grievance that he was better qualified than him for the prime minister's post and the two had no serious differences on any matter during the UPA government.

Jaitley urges US to reform H1-B/L1 visa processes

Washington, Oct 13

Finance Minister Arun Jaitley has made a strong case for reforms in the H1-B/L1 visa processes during bilateral talks with senior US administration officials, even as he underlined the need to understand the global spillovers of domestic policy actions at a meeting here with G-20 Finance Ministers.

Provisioning for insolvency cases not unusually large: RBI official

Kolkata, Oct 13

Reserve Bank of India (RBI) Deputy Governor N.S. Vishwanathan on Friday said the required provisioning for the NPA (non-performing asset) accounts referred for insolvency resolution is "nothing unusually large".

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