State Bank of India may sell AT-1 bonds worth Rs 5,456 crore next week

UCO Bank may also issue AT-1 bonds; banks raising funds amid strong loan growth
03-03-2023

State Bank of India completes first commercial trade in Sri Lankan rupees

The move comes as Sri Lanka grapples with its worst economic crisis since its independence, triggered by a shortage of dollars
02-03-2023

Sebi penalises individual for flouting market norms in BOI AXA Mutual Fund

Sebi has imposed a fine of Rs 10 lakh on an individual for flouting market norms in the matter of BOI AXA Mutual Fund. The individual, Shubro Sankha Das Sarma, was the Head of Operations at Bank of India Investment Managers (formerly known as BOI AXA Investment Managers). The order came after Sebi conducted an thematic inspection of BOI AXA Mutual Fund for the period August 2018 to February 2019. It was done to verify the books of accounts, records and other documents pertaining to the mutual fund with respect to Inter Scheme Transfer (IST) and valuation of downgraded debt securities. Post inspection, the regulator initiated adjudication proceedings against Bank of India Investment Managers, Rajesh Chawathe, Sandeep Dasgupta, Jayati Dasgupta, Anurupa Dasgupta, Sarma and Alok Singh for the alleged violation of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms. Out of seven entities, six entities, including Bank of India Investment Managers, settled the case with...
01-03-2023
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BANK OF INDIA - 532149 - Compliance-57 (4) : Prior intimation to the beginning of the quarter

Intimation of Interest Payments payable in the next Quarter for our Tier I & Tier II Bonds
01-03-2023
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F&O Query: Can I buy State Bank of India March futures?

Ideally, it is better not to go long or short on SBIN March futures
25-02-2023
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BANK OF INDIA - 532149 - Intimation Of Interest Payment Due Date/Record Date Of Basel III Compliant Tier I/Tier II Bonds Issued By Bank On Private Placement Basis

Intimation of Interest Payment due date/Record Date of Basel III Compliant Tier I/Tier II Bonds issued by Bank on Private placement basis
24-02-2023
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