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 ...
24 Oct, 2025, 06.20 AM IST
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...
09 Oct, 2025, 10.25 AM IST
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 ...
26 May, 2025, 06.16 AM IST
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 ...
18 May, 2025, 11.46 PM IST
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...
07 Feb, 2025, 12.14 AM IST
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...
12 Nov, 2024, 02.09 PM IST
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...
12 Nov, 2024, 01.10 PM IST
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...
04 Aug, 2024, 02.16 PM IST
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...
10 Jul, 2024, 08.09 PM IST
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...
31 May, 2024, 11.19 PM IST
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...
11 May, 2024, 10.29 AM IST
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...
05 Feb, 2024, 01.39 PM IST
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...
16 Aug, 2023, 06.23 AM IST
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...
09 Jul, 2023, 02.00 PM IST
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...
08 May, 2023, 12.30 PM IST
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 ...
29 Apr, 2023, 12.52 PM IST
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...
15 Jan, 2023, 11.50 AM IST