Bank of India
Bank of India is an India-based bank. The Bank's segments include Treasury Operations, Wholesale Banking and Retail Banking. The Treasury operations segment includes the entire investment portfolio, which is dealing in government and other securities, money market operations and foreign exchange operations.(Source : Company Web-site )
What Bank files
- Others117
- Investor Meet109
- Important107
- Updates30
- Credit Ratings19
- Board Meeting12
Bank of India announced a re-assignment of senior management roles. Shri B. Kumar's role as CGM - CFO expands to include finance, resource mobilization, wealth management, and marketing. Shri Vikash Krishna will now focus exclusively on Human Resources, learning, and planning.
Bank of India released its quarterly share capital audit. Of 455.27 Cr listed shares, over 99.8% are dematerialized. Around 11.77 lakh forfeited shares remain unlisted. Minor demat request delays occurred due to system upgrades.
Bank of India's FY2025-26 compliance report highlights non-compliance regarding its Board's independent director ratio, Audit Committee composition, and Compliance Officer's level. These issues are tied to government appointment delays. The bank was also fined Ten Thousand by exchanges for a past voting result submission delay.
Bank of India submitted its BRSR, earning a CareEdge ESG-1 rating. The bank mobilized ₹963 Cr in Green Deposits and has over ₹14,000 Cr in green finance. Operational highlights include reduced GHG emissions, solarization of 32 sites, new GenAI tools for employees, and fewer sexual harassment complaints. Customer complaint resolution...
Bank of India keeps Marginal Cost of Fund based Lending Rate (MCLR) and Repo Based Lending Rate (RBLR) unchanged. Fixed Rate Spread (FRS) revised, affecting some lending products. This could impact future interest income.