Bank of India announced that the 28th Annual General Meeting(AGM) of the company will be held on 25 June 2024.Powered by Capital Market - Live News

Bank of India announced that the Board of Directors of the Company at its meeting held on 10 May 2024, inter alia, have recommended the final dividend of Rs 2.8 per equity Share (i.e. 28%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Bank of India rose 11.50% to Rs 1573.87 crore in the quarter ended March 2024 as against Rs 1411.54 crore during the previous quarter ended March 2023. Total Operating Income rose 19.95% to Rs 16250.46 crore in the quarter ended March 2024 as against Rs 13547.92 crore during the previous quarter ended March 2023.For the full year,net profit rose 71.04% to Rs 6564.45 crore in the year ended March 2024 as against Rs 3837.95 crore during the previous year ended March 2023. Total Operating Income rose 27.42% to Rs 61073.34 crore in the year ended March 2024 as against Rs 47931.68 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income16250.4613547.92 20 61073.3447931.68 27 OPM %62.8251.36 -68.3154.93 - PBDT1797.052178.19 -17 10193.126098.70 67 PBT1797.052178.19 -17 10193.126098.70 67 NP1573.871411.54 12 6564.453837.95 71 Powered by Capital Market - Live News

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