Bank of India will hold a meeting of the Board of Directors of the Company on 10 May 2024.Powered by Capital Market - Live News

Bank of India announced change in the Bank`s Marginal Cost of Fund based Lending Rate (MCLR) with effect from 01 March 2024 as under:Overnight - 8.10%One month - 8.35%Three month - 8.45%Six month - 8.65%One year - 8.85%Three year - 9.05% Powered by Capital Market - Live News

Bank of India announced the appointment of M.R. Kumar as part time Non-Official Director as well as Non-Executive Chairman, on the Board of Bank of India, for a term of three years, from the date of notification, or until further orders, whichever is earlier.Powered by Capital Market - Live News

Net profit of Bank of India rose 111.05% to Rs 1930.48 crore in the quarter ended December 2023 as against Rs 914.72 crore during the previous quarter ended December 2022. Total Operating Income rose 19.72% to Rs 15318.75 crore in the quarter ended December 2023 as against Rs 12795.54 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Total Operating Income15318.7512795.54 20 OPM %72.6558.65 - PBDT2538.821782.19 42 PBT2538.821782.19 42 NP1930.48914.72 111 Powered by Capital Market - Live News

Net profit of Bank of India rose 62.42% to Rs 1869.51 crore in the quarter ended December 2023 as against Rs 1151.01 crore during the previous quarter ended December 2022. Total Operating Income rose 19.57% to Rs 15217.98 crore in the quarter ended December 2023 as against Rs 12727.75 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Total Operating Income15217.9812727.75 20 OPM %72.7058.72 - PBDT2502.831772.95 41 PBT2502.831772.95 41 NP1869.511151.01 62 Powered by Capital Market - Live News