Bank of India (BOI): News
BOI's Q1 net profit rises by 10% to ₹1,703cr
Bank of India (BOI), a state-owned entity, has reported a 10% year-on-year (YoY) increase in its net profit for the first quarter ending June 2024.
BOI introduces special fixed deposit scheme for high-net-worth individuals
Bank of India, a government-owned bank, is ringing in the new year with the launch of its "Super Special Fixed Deposit" scheme.
EMIs to rise as ICICI, BOI hike lending rates
ICICI Bank, a private sector lender, and Bank of India (BOI), a public lender, have raised their marginal cost-based lending rates (MCLR).
Loan EMIs to increase as major banks hike interest rates
ICICI Bank, Punjab National Bank (PNB), and Bank of India (BOI) have updated their marginal cost-based lending rates (MCLR) on loans.
CBI files Rs. 1,400cr fraud case against dairy firm Kwality
The Central Bureau of Investigation (CBI) on Monday has filed a case of fraud against Kwality Ltd., one of the country's most popular dairy product makers.
#FinancialBytes: How to open a PPF account
Public Provident Fund, popularly known as the PPF scheme, is a long-term savings scheme, launched by the National Savings Institute, Government of India, in 1968.
#FinancialBytes: Popular personalized credit card options available in India
Credit cards are among the most widely-used cashless payment methods because of the convenience they offer.
How scammers use Google Maps to dupe people, steal money
No matter how vigilant you try to be, fraudsters always cook up something different and seemingly legit ways to hack into your bank account and steal your finances.
Jalandhar: Couple buys jewellery worth Rs. 1.9lakh with fake notes
In a tragicomic incident, a jeweller from Jalandhar was cheated of Rs. 1.90 lakh worth of jewellery by a couple using fake currency.
How to apply for education loan in India
Getting quality education from a top-notch institution, is vital to give a kick-start to your career, whatever be the field.
These quake-hit women in Maharashtra are setting new entrepreneurship goals
Women in Maharashtra's Latur and Osmanabad districts, which were hit by an earthquake 25 years ago, refused to be defeated by the catastrophe and took it as challenge to restore their houses and in turn became entrepreneurs.
#FinancialBytes: Know which Income Tax Return form you should file
Since April 5, 2018, the Income Tax Department has been uploading the Income Tax Return (ITR) forms for the Assessment Year 2018-19 (Financial Year 2017-18). In total there are 7 such forms.
#FinancialBytes: Know which Income Tax Return form you should file
Since April 5, 2018, the Income Tax Department has been uploading the Income Tax Return (ITR) forms for the Assessment Year 2018-19 (Financial Year 2017-18). In total there are 7 such forms.
Mumbai: Woman slips while trying to board moving train, dies
A 50-year-old woman lost her life after she slipped into the gap between the train and a platform in Mumbai's Borivali station.
Two retired Bank of India officers held for Rs.2,654cr fraud
The CBI today arrested two senior retired officers of Bank of India in connection with alleged loan fraud of Rs. 2,654 crore by Vadodara-based Diamond Power Infrastructure Ltd. (DPIL) in the bank.
#FinancialBytes: Know which Income Tax Return form you should file
Since April 5, 2018, the Income Tax Department has been uploading the Income Tax Return (ITR) forms for the Assessment Year 2018-19 (Financial Year 2017-18). In total there are 7 such forms.
ED attaches assets of Gujarat firm in Rs. 5,000cr bank-fraud
The Enforcement Directorate has attached Rs. 4,701cr worth of assets of Gujarat-based pharmaceutical company Sterling Biotech Group in connection with a Rs. 5,000cr bank fraud money laundering case, the ED said today.
Over 23,000 bank-fraud cases involving Rs. 1-lakh-crore in 5 years
Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).
#FinancialBytes: Buying a car? Here are 6 best car-loan options
Nowadays, having a car has become a necessity rather than a luxury. However, someone who has just started his professional career may not be able to afford a car.
In Bareilly, locals receive 'churan label' notes from ATM
At an ATM of United Bank of India in Subhashnagar, Bareilly, Uttar Pradesh, people who came to withdraw money were in for a shock.
Cash crunch will be resolved by tomorrow, says SBI chairman
A severe cash crunch still persists across various cities and states, but SBI Chairman Rajnish Kumar has assured the problem will be resolved by tomorrow.
Diamond Power promoters, accused of Rs. 2,654cr-fraud, held in Rajasthan
In a joint operation, the CBI and the Gujarat Anti-Terrorist Squad (ATS) have arrested three promoters of Vadodara-based Diamond Power Infrastructure Ltd (DPIL), accused of defrauding a consortium of banks to the tune of Rs. 2,654cr, officials said today.
CBI books Vadodara firm for Rs. 2,654cr fraud; raids premises
The CBI on Thursday said it had registered a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for allegedly cheating various banks to the tune of Rs. 2,654cr.
Indian banks reported one fraud every hour in FY17: Report
According to a report by proxy advisory firm Institutional Investor Advisory Services (IiAS), there was at least one case of fraud committed every hour on an average in Indian banks during the financial year 2017.
Rotomac loan default case: Vikram Kothari and son denied bail
In connection with the alleged Rs. 3,695 crore willful loan default case, a CBI court has rejected the regular bail pleas of Rotomac Global promoter, Director Vikram Kothari and his son Rahul.
Padmaavat earns Rs.18cr on Day-1, R-Day weekend to boost business
Padmaavat had to undergo a lengthy battle to see the light of day. Its release was marred by violence and arson in several states.
Pradeep Kharola replaces Rajeev Bansal as new Air India CMD
Senior IAS officer Pradeep Singh Kharola has been appointed as the Chairman and managing director of Air India (AI).
Delhi ATM dispenses half-printed Rs. 2,000 note
An ATM in Delhi's Shaheen Bagh dispensed half-printed notes of Rs. 2,000, a local alleged.
UK turns down two extradition requests by India
In recent weeks, UK has rejected two extradition requests by India. The decision came from London's Westminster Magistrates' Court, the same court that is hearing the Vijay Mallya case.
If Bahubali were a corporate organization!
According to the latest reports, Bahubali 2, which was made on a budget of Rs. 250 crore, has managed to garner Rs. 1,565 crore till date and is still going strong.
IS threat imposes high-alert on Capital city
Delhi has been put on high-alert with intelligence inputs suggesting that the capital may be targeted by the Islamic State to "avenge" the encounter killing of the terrorist in Lucknow.
AIIMS fires resident doctor over death of nurse
AIIMS fired a resident doctor for "wilful absence of duties", and served notice to a consultant "for not being available for the emergency", after a pregnant nurse died during delivery.
Two large Mumbai-based state-run banks may merge
Two large Indian state-run banks may be merged in the next fiscal year, said Banks Board Bureau Chairman Vinod Rai ahead of the launch of a new process to resolve stressed assets.