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RAJNEESH KARNATAK
Bank of India eyes $3.5 billion foreign currency inflows on RBI's dollar pushBank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...- Govt extends tenure of Bank of India, Bank of Baroda MDs by 3 yearsThe government has extended the terms of Rajneesh Karnatak, MD and CEO of Bank of India, and Debadatta Chand, MD and CEO of Bank of Baroda....
- High-level panel to review bank ownership and consolidation for Viksit BharatA new committee will review India's banking sector. It aims to create fewer, larger banks. This will help fund big projects for India's gro...
- Elevated yields squeeze banks' treasury income in July-SeptBanking profits from treasury operations significantly declined in the September quarter, nearly halving due to rising bond yields and the ...
- Bank of India betting on fintech partnerships, GST boost to drive stronger H2 growth: Rajneesh KarnatakBank of India is boosting growth in the second half of FY26. The bank is partnering with fintech firms for digital banking and wealth manag...
- Bank of India allocates Rs 2000 crore for IT upgradesBank of India allocates ₹2,000 crore for IT in FY26. The investment aims to upgrade tech and boost cybersecurity. Digital initiatives will ...
- Margin pressure to continue, banks with improved fee income will fare better: Rajneesh Karnatak, Bank of IndiaInternationally, we are present in 15 countries - US, UK, France, Belgium, Singapore, Japan, New Zealand and Africa, and so on. The GDP in ...
- Banks look to shift focus to MCLR-linked loans ahead of rate cuts to protect marginsAmid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest margins from f...
- MTNL defaults on Rs 1,000 crore loan, Bank of India makes provisionBank of India has set aside Rs 200 crore after MTNL, a government-owned telecom company, defaulted on a Rs 1,000 crore loan. MTNL's financi...
- BoI's CEO Rajneesh Karnatak on penal interest impact and NIM outlook for FY25Penal interest also has gone out of the interest income and it has gone to the penal charges to the non-interest income, so that has also i...
- BoI posts 10% YoY rise in Q1 net profitNet Interest Income (NII), or the difference between the income earned on lending and cost of borrowing, increased 6% from a year ago to ₹6...
- Four PSU banks pay Rs 6,481 cr dividend to GovtFour public sector banks, Canara Bank, Indian Bank, Bank of India, and EXIM Bank, present dividend cheques totaling Rs 6,481 crore to Finan...
- Home loan borrowers may have repaid higher amountsIn FY23, for instance, the combined outstanding home loan portfolio of public sector and private banks and housing finance companies, which...
- BoI Q4 results: Net up 7% on strong retail, farm loansNet profit increased to ₹1,439 crore in the quarter ended March 2024 from ₹1,350 ₹crore a year earlier despite a 15% fall in operating prof...
- Is BoI well-placed in terms of liquidity for growth opportunities? Rajneesh Karnatak answersSo, you are correct that the yield on advances has come down because of the simple reason that there is pressure on some corporate advances...
- Bottom line to dictate business at Bank of India: Rajneesh KarnatakIn any transaction, or business we are doing, we are trying to make commercial sense out of it, whether it is on the credit side or while t...
- Bank of India plans share sale to meet Sebi's minimum public holding normsAs far as the deposit is concerned, he said, "we hope to grow the liability side by 10 per cent during current financial year." Asked about...
- Asset quality not to be an issue, NPAs to go down further: Rajneesh Karnatak, Bank of IndiaAs far as our net profits are concerned, we had a net profit of Rs 4023 crores to be exact. This is for the first time in the history of Ba...
- Debadatta Chand to take charge of BoB, Rajneesh Karnatak appointed Bank of India MD & CEOThe central government has appointed Debadatta Chand as the Managing Director & Chief Executive Officer of the Bank of Baroda for a period ...
- Govt extends tenure of Bank of Baroda MD Sanjiv ChadhaThe final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra...
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