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BOI

Bank of India (BOI) cut base rates

 Bank of India (BOI) cut base rates. Bank of India on February 1, 2013  slashed their base rate by 25 basis points each. The base rate for the bank now stands at 10.25 per cent. Base rate is the rate below which banks cannot lend. All floating rate loans linked to the base rate will turn […] Continue reading →

Vijayalakshmi Iyer new CMD of Bank of India

 Vijayalakshmi Iyer new CMD of Bank of India (BOI). Vijayalakshmi Iyer takes charge of Bank of India. The government has on November 5, 2012 appointed Vijayalakshmi Iyer as the Chairperson and Managing Director (CMD) of Mumbai-based Bank of India. Iyer — who was an executive director of Central Bank of India prior to this appointment […] Continue reading →