Tag: Bank of India
Bank of India shuts its operations in Jersey
Public lender Bank of India has shut down its operations at Jersey in the Channel Islands. The development came into effect on October 18.
“This...
Indian PSBs planning to shut 70 overseas branches this fiscal
Public Sector Banks in India are in the process of rationalising and nearly 70 overseas operations will be shut down as a part of...
Banks tighten cost cutting measures, shut 2,000 ATMs in 10 months
In a bid to tighten the cost cutting measures, banks have shut 2,000 ATMs in 10 months. According to the Reserve Bank of India...
Bank of India to wrap up its Dubai operations
Public lender Bank of India (BoI) is planning to wind up its representative office in Dubai.The proposal has received the nod from the Central...
CBI arrests Rotomac owner and son in Rs 3,695 crore fraud...
The Central Bureau of Investigation (CBI) has arrested Vikram Kothari, Owner of Rotomac Pens and his son Rahul for allegedly cheating seven Public Sector...
ONGC all set to acquire HPCL, lends Rs 4,000 crore from...
In a bid to acquire Hindustan Petroleum Corp Ltd (HPCL), State-owned Oil and Natural Gas Corp (ONGC) has borrowed Rs 4,000 crore from ICICI...
Bank of India drops plan to levy charges on passbook updation
Public lender Bank of India (BOI) has shelved its plan of levying charges on passbook updation and many other services that are currently non-chargeable.
According...
Bank of India likely to close 700 ATMs by the end...
In a bid to revive its stressed financial situation, public lender Bank of India may shut its 700 ATMs by the end of February,...
Vijaya Bank appoints Sankara Narayanan as its MD & CEO
Public sector lender Vijaya Bank has appointed Sankara Narayanan as its Managing Director and Chief Executive Officer.
Narayanan has taken over the position from his...
Sodexo partners with Zeta to enable strong tech platform
Paper voucher giant Sodexo has partnered with financial technology startup Zeta for enabling strong technology platform.
This partnership will assist Sodexo to leverage the regulatory...
