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Tuesday, November 10, 2015

Bank of India post Q2 loss at Rs 1126 cr on high provisions

Bank of India post Q2 loss at Rs 1126 cr on 


high provisions


Provisions for bad loans were quite high at Rs 3,237 crore, up 113.7 percent over preceding quarter and 236 percent over a year-ago period.


Bank of Baroda plunges 4.7% post Q2 results

Indian Overseas Bank (IOB) share price plunged over 11 per cent on Monday on BSE after the state-owned bank reported a net loss of Rs 550.83 crore for the quarter ended September, 2015 (Q2) against a net loss of Rs 245.51 crore in the corresponding quarter a year ago.

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Bank Unions Oppose PLI Scheme for Senior Bank Executives

AIBOC and AIBEA have written a letter to the DFS Secretary requesting him to review the recently introduced PLI Scheme for Senior Bank Execu...

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