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BOI REPORTING REQUIREMENT
US Treasury Department suspends enforcement of BOI reporting, says it plans narrow mandate's scopeThe beneficial ownership information (BOI) reporting requirement was introduced with the enactment of the Corporate Transparency Act in the...
Crane maker Tractors India dragged to NCLTFive banks, including BoI, have total receivables of ₹600 crore from the company that has been classified as a non-performing asset by bank...
New, accurate & reliable novel Covid-19 antibody test gives results in 20 minutesAntibodies are proteins made by the immune system that recognise and bind to virus antigens.
Aware of social media fake news dangers, rules in place to address it, Centre tells HCThe ministry has said that according to the Intermediary Guidelines, grievance officers of the websites are bound to redress complaints wit...
Facebook has failed in tackling illegal content, says K N Govindacharya to High CourtIn his rejoinder filed through advocate Virag Gupta, the former RSS idealogue has said, "The presence of groups like bois locker room show ...
RBI Lifts Restrictions on BoI, Bank of Maha, Oriental BankThe move follows improvements in their asset quality and capital ratios and a ruling by the RBI on Thursday, said the source, who asked not...
Rakesh Asthana started inquiry on Vijay Mallya notice downgradeET has reliably gathered that the inquiry was in the final stages and had raised questions against a senior officer, among others, for down...
Navy vows strict action against personnel for INS Betwa incidentThe Navy will salvage the frigate, make her upright and battle-ready to re-join the fleet as soon as possible, said Navy spokesperson Capta...
PSBs wipe out private banks’ profitsPublic sector banks (PSBs) collectively reported a loss of Rs 15,200 crore for the quarter ended December 2017 following higher provisions ...
Bank of India is also considering reduction in SB rateSankaranarayanan, who was here to take part in an Exporters' Meet last night, said that the bank was looking for quality business through i...
PSU banks surge up to 7% on government recapitalisation planGovt is looking to infuse Rs 25,000 crore in the ongoing financial year to boost the PSU banks' reserves, in a total of 3 tranches.
- Bank of India to raise Rs 6,000 crore from Tier I and II bonds
For the entire 2014-15 fiscal, BoI reported 37% dip in standalone net profit at Rs 1,708.92 cr. It had a net profit of Rs 2,729.27 cr in 20...
Bank of India net plunges 70% as bad loans, provisions soarBoI reported a massive 70 per cent dip in its net profit at Rs 173 cr in the quarter to Dec, from Rs 586 cr a year ago, driven down by a sp...
New RBI norms to aid higher earnings of banks:Credit SuisseAnalysts at the brokerage expect Non Performing Loans to be 100 bp lower by FY17E for most banks and have sharply lowered NPL estimates.
- Good opportunity to ‘Buy’ BGR Energy: HDFC Sec
HDFC Securities has maintained ‘Buy’ recommendation on BGR Energy after the stock plunged following CBI investigation in bribe-for-loan iss...
- Dev Anand's 'Romancing with Life' launched in Nepal
Indian envoy to Nepal Rakesh Sood launched evergreen hero Dev Anand's autobiography 'Romancing with Life' in Kathmandu, where the legendary...
- BoI buys Indonesian bank for $25 million
State-owned Bank of India (BoI) on Monday announced the acquisition of a controlling 76% stake in Indonesian bank PT Bank Swadesi at an est...