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BOI's Telangana branch loses over Rs 4 crore to loan fraud, finds pledged ‘gold ornaments’ fakeHYDERABAD: “All that glitters is not gold” — Bank of India (BOI)’s Khairatabad branch learnt it the hard way when officials discovered that the bank had advanced loans worth Rs 4.4 crore ...
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BOI seeks first dollar loan in over a decadeBank of India is marketing its first dollar syndicated loan since 2012 of as much as $400 million, people familiar with the matter said, at a time when more Indian borrowers are tapping global ...
According to data on sectoral deployment of bank credit released by RBI, gold loan portfolio of banks rose to Rs 1.7 lakh crore as on Dec 27, 2024. This reflects a 71% increase from the previous ...
(Image/PTI) Bank of India (BoI) on Friday posted a 35% jump in its net profit to Rs 2,517 crore for the December quarter on account of a decline in bad loans, rise in net interest income and ...
What could be seen as rising stress in the household finance, non-performing assets (NPA) pertaining to gold loans increased over 21 per cent for scheduled commercial banks (SCBs), a reply by ...
Gold loans have become the fastest-growing category within personal loans, skyrocketing 71 percent year-on-year as of December 27, 2024, according to the Reserve Bank of India (RBI). The total ...
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