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6 bulletins on BOI

latest 13 Sept 2026

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September 2026

Bank of India raises ₹20,000 crore through FCNR(B) depositsBank of India raised USD 2.2 billion (₹20,000 crore) through FCNR(B) deposits to enhance liquidity for lending needs over the next three months. This initiative aims to reduce reliance on bulk deposits, potentially boosting the bank's credit growth.Medium

May 2026

Bank of India Q4 FY26 results show strong profit growthBank of India reported a net profit of ₹3,016 crore for Q4 FY26, up 14.85% YoY, with a dividend of ₹4.65 per share recommended. The bank also saw a significant decline in NPAs, indicating improved asset quality.High

February 2026

Union Bank and Bank of India merger under considerationThe Indian government is considering a merger between Union Bank of India and Bank of India, potentially creating a banking entity with assets over ₹25 lakh crore and a network of 12,000 branches. This move aims to enhance competitiveness and efficiency in the banking sector.High Union Bank and Bank of India merger under reviewThe Indian government is considering a merger between Union Bank of India and Bank of India, which could create a bank with assets over ₹25 lakh crore and a network of 12,000 branches. This move aims to enhance global competitiveness and operational efficiency in the banking sector.High Union Bank and Bank of India merger under considerationThe Indian government is considering a merger between Union Bank of India and Bank of India as part of the "Merger 2.0" initiative. This could create a major public sector bank with assets over ₹25 lakh crore and a network of 12,000 branches.High

December 2025

Nationalized banks reduce loan rates after RBI repo cutMedium

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