Bank Of India

July 2 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA - GROSS ADVANCES (GLOBAL) AS OF JUNE-END UP 18.64% Y/Y

• BANK OF INDIA - GLOBAL DEPOSITS AS ON JUNE 30, 2026 UP 14.92% YOY

Source text: ID:nNSE6MBNM0

Further company coverage: BOI.NS

(([email protected];))

April 23 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA - GOVERNMENT EXTENDS TERM OF RAJNEESH KARNATAK AS MD & CEO FOR THREE YEARS

Source text: ID:nBSEblh60Y

Further company coverage: BOI.NS

(([email protected];))

Recasts, adds details, background, dealer's comment

April 17 (Reuters) - India issued an order on Friday listing banks authorised to import gold and silver, providing relief for banks that were forced to halt imports because the list's publication was delayed.

Reuters reported earlier on Friday that more than 5 metric tons of gold and around 8 metric tons of silver were stuck without customs clearance pending the order, which is typically issued at the start of each financial year.

The Directorate General of Foreign Trade, part of the Ministry of Commerce and Industry, which issued the order on Friday, did not give any reason for the delay.

Authorised by the Reserve Bank of India, the order permits 15 banks, including the State Bank of India SBI.NS, HDFC Bank, HDFC.NS, Bank of India BOI.NS to import both gold and silver from April 1, 2026, to March 31, 2029.

It also allows Union Bank of India and SBER Bank to import only gold.

None of the banks made any public comment.

A Mumbai-based dealer with a private bank, speaking on condition of anonymity, said banks would now be able to clear consignments from customs.

(Reporting by Rajendra Jadhav and Shilpa Jamkhandikar; Editing by YP Rajesh and Barbara Lewis)

(([email protected];))

April 2 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA - GROSS ADVANCES (GLOBAL) AS OF MARCH-END UP 15.69% Y/Y

• BANK OF INDIA - DEPOSITS (GLOBAL) AS OF MARCH-END UP 13.58% Y/Y

Further company coverage: BOI.NS

(([email protected];))

March 27 (Reuters) -

• RBI: IMPOSES MONETARY PENALTY ON BANK OF INDIA FOR 5.9 MILLION RUPEES

Further company coverage: BOI.NS

(([email protected];))

March 12 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA - RBI IMPOSES MONETARY PENALTY OF 185,300 RUPEES ON KANPUR CURRENCY CHEST

Source text: ID:nBSE3xLXPc

Further company coverage: BOI.NS

(([email protected];))

By Dharamraj Dhutia and Khushi Malhotra

MUMBAI, March 5 (Reuters) - Robust demand from long-term investors for an Indian state-run lender's mega infrastructure bond issue this week has prompted two others to tap the market before the end of the financial year, three sources familiar with the matter said on Thursday.

Bank of India BOI.NS and Punjab National Bank PNBK.NS are among lenders that could issue infrastructure bonds over the next three weeks.

Bank of India could raise up to 100 billion rupees ($1.09 billion), while PNB will consider a 20-50 billion-rupee issue, the sources added, requesting anonymity as they're not authorised to speak to the media.

The lenders did not reply to Reuters' emails seeking comment.

Earlier this week, Bank of Baroda BOB.NS raised 100 billion rupees through seven-year infra bonds at a 7.10% coupon, below the 7.25% level that the market had expected, signalling elevated demand for the issue.

"Nearly 60%-70% of Bank of Baroda's bond was absorbed by a large state-run provident fund, and its peers are anticipating a similar response to their issuances," one of the sources said.

"Had it not been for the PF bids, the cutoff could have easily have been closer to 7.25%."

Infrastructure bonds are used by banks to finance long-term development projects.

Three Indian lenders have raised an aggregate 250 billion rupees through these bonds so far this financial year, sharply lower than 892 billion rupees raised in the previous fiscal.

Bank of Baroda is only the third lender to raise this quantum of funds after Bank of India and Axis Bank AXBK.NS.

Bankers said that a lack of sufficient supply of such notes during the financial year could lead to stronger demand for the next few issuances as investors seek to meet their exposure requirements.

($1 = 91.5550 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

(([email protected];))

** Shares of Bank of India BOI.NS rise 4.8% to 167.81 rupees, highest since January 2018

** Stock is top gainer in Nifty PSU Bank index .NIFTYPSU

** Bank's Dec-quarter net profit rises 7.5% year-on-year to 27.05 billion rupees ($295.50 million); quarterly interest earned rises 3.9% to 189.27 billion rupees

** ICICI Direct Research says bank’s guidance of stronger loan growth in the coming quarters, aided by a healthy disbursement pipeline and improving retail-to-corporate mix, remains a key positive, while further moderation in funding costs could support NIM expansion toward about 2.6% by FY-end

** Brokerage notes asset quality is expected to remain stable with strong provision coverage and controlled credit costs

** More than 18.9 million shares change hands vs 30-day avg of 9.4 million shares

** Stock rose 41.1% in 2025

($1 = 91.5400 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

(([email protected];))

Jan 21 (Reuters) - Bank of India Ltd BOI.NS:

• Q3 NET PROFIT 27.05 BILLION RUPEES

• Q3 GROSS NPA 2.26%

• Q3 INTEREST EARNED 189.27 BILLION RUPEES

• Q3 PROVISIONS & CONTINGENCIES 5.76 BILLION RUPEES

• Q3 PROVISIONS FOR NPA 6.05 BILLION RUPEES

Source text: ID:nBSEc6RK3W

Further company coverage: BOI.NS

(([email protected];))

Jan 2 (Reuters) - Bank of India Ltd BOI.NS:

• GROSS ADVANCES (GLOBAL) AS OF DEC 31 UP 13.55% Y/Y

• GLOBAL DEPOSITS AT 8.87 TRILLION AS OF DEC 31, UP 11.64% Y/Y

Source text: [ID:]

Further company coverage: BOI.NS

(([email protected];))

Dec 31 (Reuters) - Bank of India Ltd BOI.NS:

• 1 YEAR MCLR REVISED TO 8.75% FROM 8.85% EFFECTIVE JAN 1

Source text: ID:nBSE8K2P3R

Further company coverage: BOI.NS

(([email protected];))

Dec 12 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA - ISSUES BASEL III TIER II BONDS WORTH 25 BILLION RUPEES

Source text: ID:nNSE2DFRws

Further company coverage: BOI.NS

(([email protected];;))

MUMBAI, Dec 8 (Reuters) - Bank of India BOI.NS plans to raise 25 billion rupees ($277.28 million), including a greenshoe option of 15 billion rupees, through Basel III compliant Tier II bonds maturing in 10 years, two bankers said on Monday.

It has decided to invite coupon and commitment bids for the issue tentatively on December 10, they said.

The bond will have a call option at the end of five years.

The company confirmed the details in an email sent by Reuters.

Here is the list of deals reported so far on December 8:

* Size includes base plus greenshoe for some issues

($1 = 90.1600 Indian rupees)

(Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Sherry Jacob-Phillips)

(([email protected], [email protected]))

BENGALURU, Oct 7 (Reuters) -

** Bank of India BOI.NS stock rises as much as 2.7% to four-month high of 129.45 rupees; last up 1%

** Shares of public sector lender set for sixth consecutive session of gains

** BOI's domestic advances rise 14.6% y/y, while deposits up 8.5% as of the quarter-ended September

** Morgan Stanley calls Q2 a strong quarter for BOI after the initial update

** "The balanced momentum across deposits and credit provides stability to the franchise and should aid earnings consistency," says ICICI Securities

** YTD, BOI up 27% vs 17% rise in Nifty PSU Bank index .NIFTYPSU

(Reporting by Vivek Kumar M)

(([email protected]))

Aug 18 (Reuters) - Mahanagar Telephone Nigam Ltd (MTNL) MTNL.NS has defaulted on loan repayments worth 86.59 billion rupees ($990.48 million) to a group of seven public sector banks, the state-run telecom company said on Monday.

In July, MTNL had disclosed defaults of 85.85 billion rupees to the same lenders.

The default includes 77.94 billion rupees in principal and 8.65 billion rupees in overdue interest to lenders including Union Bank of India UNBK.NS, Bank of India BOI.NS, Punjab National Bank PNBK.NS and State Bank of India SBI.NS.

The debt-laden operator, which has long struggled with falling subscriber numbers, mounting losses and shrinking relevance in India’s highly competitive telecom market, has been surviving largely on government support and debt roll-overs.

MTNL’s total debt has risen to 345.77 billion rupees ($3.96 billion) as of July 31, from 344.84 billion rupees in June-end, which also includes sovereign-guaranteed bonds and loans from the Department Of Telecommunications.

($1 = 87.4225 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru; Editing by Janane Venkatraman)

(([email protected]))

BENGALURU, July 15 (Reuters) - India's Mahanagar Telephone Nigam MTNL.NS has defaulted on loans totaling 85.85 billion rupees ($1 billion), the public-sector telecom firm said on Tuesday.

The loans were made by seven public sector, with Union Bank of India UNBK.NS and Indian Overseas Bank IOBK.NS having the biggest exposure, MTNL said in an exchange filing.

($1 = 85.8860 Indian rupees)

(Reporting by Nishit Navin; Editing by Anil D'Silva)

(([email protected];))

June 30 (Reuters) - Bank of India Ltd BOI.NS:

• REVISED 1 YEAR MCLR TO 9.00% EFFECTIVE 01.07.2025

Source text: ID:nBSE6dGfQb

Further company coverage: BOI.NS

(([email protected];;))

June 20 (Reuters) - Bank of India Ltd BOI.NS:

• TO CONSIDER PROPOSAL OF FUND RAISING BY ISSUE OF LONG TERM (INFRA) BONDS

Source text: [ID:]

Further company coverage: BOI.NS

(([email protected];;))

May 9 (Reuters) - Bank of India Ltd BOI.NS:

• RECOMMENDS DIVIDEND OF 4.05 RUPEES PER SHARE

• Q4 NET PROFIT 26.26 BILLION RUPEES

• Q4 GROSS NPA 3.27%

• Q4 INTEREST EARNED 183.23 BILLION RUPEES

• Q4 PROVISIONS & CONTINGENCIES 13.38 BILLION RUPEES

• Q4 PROVISIONS FOR NPA 13.47 BILLION RUPEES

Source text: ID:nBSE5f08wC

Further company coverage: BOI.NS

(([email protected];;))

April 30 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA LTD - TRANSFERS 4.50 BILLION RUPEES TO BANK OF INDIA

Source text: ID:nBSE1NXWmP

Further company coverage: BMBK.NS

(([email protected];))

April 22 (Reuters) - Bank of India Ltd BOI.NS:

• TO CONSIDER PROPOSAL OF RAISING OF CAPITAL

• TO CONSIDER ISSUE OF BASEL III COMPLIANT ADDITIONAL TIER 1 AND TIER 2 BONDS

Source text: ID:nBSE5Sb2tW

Further company coverage: BOI.NS

(([email protected];;))

April 3 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA - GROSS ADVANCES (GLOBAL) AS ON MARCH 31 UP 13.59% Y/Y

• BANK OF INDIA - DEPOSITS (GLOBAL) AS ON MARCH 31 UP 10.65% Y/Y

Source text: [ID:]

Further company coverage: BOI.NS

(([email protected];;))

March 25 - -- Source link: https://tinyurl.com/bdfsp7ha

-- Note: Reuters has not verified this story and does not vouch for its accuracy

((Bengaluru newsroom, [email protected]))

March 24 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA - TO EXERCISE GREEN SHOE OPTION OF $100 MILLION IN FUND RAISING

Source text: ID:nBSE5Y6jH3

Further company coverage: BOI.NS

(([email protected];;))

Feb 18 (Reuters) - Bank of India Ltd BOI.NS:

• ISSUED, ALLOTTED BONDS UPTO 26.9 BILLION RUPEES ON PRIVATE PLACEMENT BASIS

Source text: ID:nBSE7DQmNp

Further company coverage: BOI.NS

(([email protected];;))

MUMBAI, Feb 14 (Reuters) - State-run Bank of India BOI.NS has accepted bids worth 26.90 billion rupees ($309.6 million) for infrastructure bonds maturing in 10 years, three bankers said on Friday.

The lender will pay an annual coupon of 7.50% and had invited coupon and commitment bids for the issue earlier in the day, they said.

Bank of India did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on February 14:

* Size includes base plus greenshoe for some issues

($1 = 86.8750 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)

(([email protected]))

MUMBAI, Feb 12 (Reuters) - State-run Bank of India BOI.NS plans to raise 50 billion rupees ($575.4 million) through a sale of infrastructure bonds maturing in 10 years, two bankers said on Wednesday.

The lender has invited coupon and commitment bids for the issue on Friday, they said.

Bank of India did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on February 12:

* Size includes base plus greenshoe for some issues

($1 = 86.8925 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)

(([email protected]))

Jan 21 (Reuters) - Bank of India Ltd BOI.NS:

• TO CONSIDER FUND RAISING VIA LONG TERM BONDS

• TO CONSIDER FUND RAISING BY ISSUE OF LONG TERM (INFRA) BONDS

Source text: ID:nNSE2wM2ZV

Further company coverage: BOI.NS

(([email protected];;))

Dec 31 (Reuters) - Bank of India Ltd BOI.NS:

• BANK OF INDIA LTD -IBU GIFT CITY BRANCH BORROWS USD 300 MILLION SYNDICATED TERM LOAN

Source text: ID:nNSE42TH9L

Further company coverage: BOI.NS

(([email protected];))

Moves position of 'to India' in paragraph 7, no other changes

By Rishika Sadam and Siddhi Nayak

Nov 28 (Reuters) - Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group's billionaire founder Gautam Adani was indicted by U.S. authorities over an alleged $265 million bribery scheme.

Adani Group's listed stocks, which at one point saw as much as $34 billion wiped off their market value, meanwhile recovered ground as some partners and investors rallied behind it.

State Bank of India SBI.NS will not stop lending to ongoing Adani projects that are nearing completion, two sources told Reuters, but will exercise caution when disbursing loans to ensure all terms and conditions are being met.

Bank of India BOI.NS, Union Bank UNBK.NS, ICICI Bank ICBK.NS, Canara Bank CNBK.NS, IDBI Bank IDBI.NS and RBL Bank RATB.NS, which have relatively smaller exposures to the Adani Group, are undertaking similar exercises, sources said.

A regulatory source aware of the development said from a banking system perspective that no entity was over-exposed to the Adani group and there was no cause for concern.

Earlier on Thursday, Israel said it wants Adani Group to continue to invest there, adding that the U.S. allegations were not "problematic" from its perspective.

"We wish Adani and all Indian companies continue to invest in Israel," Israel's Ambassador to India Reuven Azar told Reuters in an interview.

The Adani Group holds a 70% stake in Haifa port in northern Israel and is involved in projects with Israeli firms, including manufacturing military drones and commercial semiconductors.

Adani and seven others are accused by U.S. authorities of being part of a scheme to pay bribes to secure Indian power supply contracts. The Adani Group has denied the allegations.

The Indian ports-to-power conglomerate has also received public backing from Abu Dhabi's International Holding IHC.AD, which maintained its outlook on investments in the group.

"Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC said on Wednesday, adding that it "continues to evaluate relevant information and developments".

IHC, which is one of Adani's key foreign investors, boosted its stake in the group's Adani Enterprises ADEL.NS flagship to more than 5% last year after selling down investments in Adani Green Energy ADNA.NS and Adani Energy Solutions ADAI.NS.

Shares in Adani Green, the company at the centre of the bribery allegations, rose by 10% on Thursday, hitting the cap on gains in a single session for a second consecutive day, with Adani Energy also up the maximum 10%.

The total losses in the value of Adani Group's 10 listed companies have narrowed to $14.5 billion from about $34 billion, the low reached on Tuesday after the U.S. indictments.

FALLOUT

Global investors say worries of a wider spillover from the Adani allegations will hurt sentiment in India, but not the long-term outlook, as they wager one of the world's best-performing markets will get back on track next year.

Investors expect a stronger spotlight on governance and disclosure, and perhaps some volatility, but say the affair has not challenged the reasons they are in India in the first place - for exposure to a growing economy and a huge consumer market.

Indian Prime Minister Narendra Modi's government has not commented on the allegations against the Adani Group and has blocked opposition party demands for a debate on them.

Both houses of India's parliament were suspended temporarily within minutes of opening on Thursday as opposition lawmakers disrupted proceedings for the third day over the issue.

Many opposition parties accuse Modi and his Bharatiya Janata Party (BJP) of favouring Gautam Adani and blocking investigations against him, charges which both have denied.

The Adani Group, which is among India's biggest business empires, has been under scrutiny since January 2023 short seller Hindenburg Research accused it of stock manipulation, which the group has denied, and questioned its high debt levels.

Adani Green said on Wednesday that Adani had been charged by U.S. Securities and Exchange Commission (SEC) for alleged violations of securities law and faced potential fines but had not been charged under the U.S. Foreign Corrupt Practices Act.

The civil action launched by the SEC runs in parallel to U.S. federal prosecutors' indictment against Adani and others.

Repercussions from the indictment have mounted for the Adani Group over the past week, with credit ratings agencies cutting the outlook for some of the listed companies' bonds.

French oil major TotalEnergies TTEF.PA, said on Monday it would not make any more investments in the Adani Group until there was clarity over the allegations and consequences. Total has a 20% stake in Adani Green.

Kenya has scrapped a $2 billion procurement project that was to give Adani control of the country's main airport and it shelved a 30-year, $736-million public-private partnership, signed by Adani Energy with its energy ministry in October.

Closer to home, Sri Lanka said it would investigate all Adani-related projects in the island nation, while Bangladesh is investigating power generation contracts signed under the previous prime minister, one of which was with Adani Power.

(Reporting by Hadeel Al Sayegh in Dubai, Shilpa Jamkhandikar in Mumbai and Nigam Prusty in New Delhi; Writing by Scott Murdoch, Chris Thomas; Editing by Alexander Smith)

(([email protected]; +852 3462 7757;))