NCLT junks insolvency plea against Simplex, cites co's stuck receivables

The National Company Law Tribunal (NCLT) in Kolkata has blocked a petition from Central Bank of India that would have allowed insolvency proceedings against Simplex Infrastructures. The engineering company remains in debt to government agencies and contractors, with some payments mired in arbitration. The debt could potentially allow Simplex to pay back creditors, according to the judgment.
12-05-2023
Bigul

BANK OF INDIA - 532149 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Submission of Copies of Newspaper Advertisement in r/o Audited Financial Results for the 4th Quarter/Year ended 31st March,2023.
08-05-2023

Asset quality not to be an issue, NPAs to go down further: Rajneesh Karnatak, Bank of India

As far as our net profits are concerned, we had a net profit of Rs 4023 crores to be exact. This is for the first time in the history of Bank of India, the annualised profit has touched Rs 4023 crores as against the backdrop of Rs 3405 crores as on March 2022.
08-05-2023
Bigul

Q4FY23 Quarterly & FY23 Annual Result Announced for Bank of India

Bank of India announced Q4FY23 & FY23 results: Net Profit at Rs 1,350 cr, up by 123% YoY NIM (Global) improved from 2.56% in FY22 to 3.15% in FY23 Return on Assets (RoA) at 0.63%, improved by 33 bps YoY Return on Equity (RoE) at 13.52%, improved by 688 bps YoY Cost to Income Ratio (CIR) at 51.48%, improved by 428 bps CRAR at 16.28% with CET-1 ratio of 13.60% Gross NPA ratio at 7.31%, down by 267 bps YoY Net NPA ratio at 1.66%, down by 68 bps YoY Provision Coverage Ratio (PCR) at 89.68% Slippage ratio at 0.64% and credit cost at 0.45% RAM advances grew by 12.29% YoY, accounting for 55.11% of advances Priority sector advances at 43.28% of ANBC CASA ratio improved to 44.73% in Q4FY23 from 44.56% in Q3FY23 Result PDF
08-05-2023

Bank of India Q4 Results: PAT up 18% to Rs.1,350 Cr, NII jump 37%, 20% dividend declared

Public sector lender Bank of India (BOI) has declared impressive Q4 results along with a dividend of 20%.
07-05-2023
Bigul

Bank of India's Q4FY23 net profit soars 123% to 1,350 cr

The bottomline in the quarter was buoyed by robust growth in net interest income and non-interest income
06-05-2023
Bigul

BANK OF INDIA - 532149 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Q4/yearly FY 2022-23 Earnings conference call with Analysts/Investors- Audio/ Video recording
06-05-2023
Bigul

BANK OF INDIA - 532149 - Audited Financial Results For The 4Th Quarter / Year Ended 31St March, 2023 And Recommendation Of Dividend

Audited Financial Results for the 4th Quarter / Year ended 31st March, 2023 and Recommendation of Dividend
06-05-2023
Bigul

BANK OF INDIA - 532149 - Statement Of Related Party Transaction For The 4Th Quarter/Year Ended 31.03.2023

Statement of Related Party Transaction for the 4th Quarter/Year ended 31.03.2023
06-05-2023
Bigul

BANK OF INDIA - 532149 - Security Cover Certificate For The 4Th Quarter/Year Ended 31.03.2023

Security Cover Certificate for the 4th Quarter/Year ended 31.03.2023
06-05-2023
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