THE TRUTH ABOUT: Bank of india - The Untold Story

Higher EMIs ahead: PNB, Bank of India, Bank of Baroda and Indian Bank raise lending rates; check details

The Reserve Bank of India increased the repo rate by 25 basis points during its monetary policy meeting. This hike prompted banks like Punjab National Bank and Bank of Baroda to adjust their lending rates.

The Economic Times · Oct 8

Highest senior citizen FD interest rates after RBI repo rate hike: Public vs private vs small finance bank rates of 3 and 5-year fixed deposits

The Reserve Bank of India raised the repo rate to 5.50% in its recent Monetary Policy Committee meeting. Subsequently, banks are likely to adjust their fixed deposit interest rates for both new and existing customers. P

The Economic Times · Oct 7

Lowest home loan interest rates after RBI repo rate hike: Check EMI on above Rs 30 lakh to 75 lakh loans at public & private banks, HFCs

In a recent move, the Reserve Bank of India has lifted the repo rate to 5.50% from 5.25%, impacting the landscape of home loan interest rates. Public sector players such as Bank of Maharashtra and Central Bank of India are providing attractive rates near 7.00%. Meanwhile, the South Indian Bank…

The Economic Times · Oct 7

Bank strike latest news: Will banks remain open on September 28? What SBI, PNB, Bank of India, Indian Bank & other bank customers need to know

Bank strike today: The latest bank strike news is that the proposed three-day nationwide strike from September 28 to 30 has been deferred after talks between the Indian Banks’ Association (IBA) and the United Forum of Bank Unions (UFBU). The decision comes amid the unions’ demand for five-day banking, with…

The Economic Times · Sep 27

Bank of India ordered to pay Rs 15,000 to Kerala man after delay in releasing deceased wife's savings

A Kerala consumer commission ordered Bank of India to pay compensation. The bank delayed releasing a deceased woman's savings to her elderly husband. This delay caused significant hardship and mental agony for the complainant. The commission found deficiency in service and unfair trade practices by the bank. The bank must…

The Economic Times · Sep 13

Bank of India mobilises $2.33 billion via FCNR(B), enough to meet one-quarter lending needs: CEO

Bank of India secured USD 2.33 billion through FCNR(B) deposits, replacing bulk funding sources. This mobilization will meet approximately three months of the bank's lending requirements. The Reserve Bank of India announced this special deposit scheme to strengthen liquidity positions. Banks are diversifying their deposit bases amid increasing credit demand…

The Economic Times · Sep 11

Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check details

Canara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on September 1 and September 5, 2026. Canara Bank will offer interest from 2.50% to 4%, while Bank of India presents a range of 2.50% to 6.25%. IDFC…

The Economic Times · Sep 9

Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 crore

An IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual interest, to a Pune-based audit firm that lost close to Rs 79 lakh in a 2015 cyber fraud. The fraud followed the issuance of…

The Economic Times · Sep 8

S&P assigns Bank of India 'BBB' rating on capital, funding strength

S&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and healthy liquidity for the bank. The agency noted the likelihood of extraordinary government support if needed for the state-run bank. Bank of India's role in financial inclusion and strong government…

The Economic Times · Sep 8

Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banks

Highest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESAF, and Suryoday Small Finance Banks provide 8.50% interest. Public sector banks like Bank of India offer competitive rates on specific tenures.

The Economic Times · Sep 5