The Latest Breaking News from Bank of India

CPI(M) State Secretary condemns Bank of India's error leading to illegal freezing of party accounts, vows transparency.

The CBI Special Court of Dharwad convicted a bank manager, director of a trading company, chartered accountant, and two others in the case of defrauding Bank of India to the tune of ₹90 lakh.

NEW DELHI: Auto, home and personal loans have become costlier with banks and other financial institutions increasing interest rates following the repo rate hike by RBI on Wednesday.

A number of national banks have raised lending rates for their customers after RBI raised the benchmark repo rate by 50 basis points

AHMEDABAD: The city crime branch on Monday busted a fake currency notes racket with the seizure of 98 counterfeit notes of Rs 2,000 denomination with a face value of Rs 1.96 lakh, and arrested one person.

The opaque system under which LOCs are issued is such that a person will not be able to know if such a circular exists against him or her till they have booked ticket and reached airport

PANCHKULA: After the name of Deepak Bhola, a Panchkula-based goldsmith came to light in cases of people getting gold loans from Bank of India on the basis of fake documents, three more cases involving the same jeweller have surfaced. Bhola helped three other persons get gold loans worth Rs 32.35…

NEW DELHI: The preferential treatment of bondholders riled banks enough to reject a $3.2 billion rescue deal from one of Asia’s richest men for a debt-laden unprofitable retail chain, according to people familiar with the matter.

NEW DELHI: Bank of India has moved the National Company Law Tribunal (NCLT), filing a petition to initiate insolvency proceedings against debt-ridden Future Retail Ltd.