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 will undertake a non-deal roadshow in Hong Kong, Singapore, and London. The bank aims to engage prospective institutional investors for future EMTN program fundraising.
Bank of India faces notice of multiple union strikes by UFBU, which may affect branch and office operations. The bank is preparing to ensure smooth functioning.
Bank of India exercised the call option on its 7.14% Tier II Bonds Series XV. This extinguishes the bank's liability for these bonds, potentially optimizing funding costs by replacing them with new capital or using existing liquidity.
Bank of India's MCLR and RBLR are stable. The bank revised its Fixed Rate Spread across different tenors, impacting the pricing of new fixed-rate lending products.
Bankindia has revised its MCLR, increasing rates by up to 0.10% for certain tenors, and updated its Fixed Rate Spread. This will impact the bank's lending rates and customer borrowing costs.