Bank of India Share Price – NSE /  BSE

Banks, Small Cap

Bank of India will hold a meeting of the Board of Directors of the Company on 30 April 2026.

Bank of India gained for a third straight session today. The stock is quoting at Rs 152.2, up 1.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.69% on the day, quoting at 24407.4. The Sensex is at 78638, down 0.8%. Bank of India has risen around 5.89% in last one month.

Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has risen around 9.81% in last one month and is currently quoting at 9011.45, up 0.3% on the day. The volume in the stock stood at 90.17 lakh shares today, compared to the daily average of 116.45 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 152.65, up 1.77% on the day. Bank of India is up 29.22% in last one year as compared to a 0.32% spurt in NIFTY and a 34.99% spurt in the Nifty PSU Bank index.

The PE of the stock is 6.73 based on TTM earnings ending December 25.

As per the revised rate card, the overnight MCLR stands at 7.70%, while the one-month, three-month and six-month MCLR are at 8.05%, 8.20% and 8.60%, respectively. The one-year and three-year MCLR have been retained at 8.75% and 8.90%.

The lender also announced changes in its fixed rate spread structure effective April 1. Interest rates for different tenors have been revised, with one-year loans priced at 8.75% plus credit risk premium (CRP), two-year loans at 9.25% plus CRP, and three-year loans at 9.35% plus CRP. Four-year loans will carry an interest rate of 9.75% plus CRP, while loans above five years will be priced at 8.75% plus tenor premium and CRP.

Separately, the bank said its base rate has been reduced by 50 basis points to 9.50% per annum from 10%, effective April 1, 2026, and will remain applicable till June 30, 2026.

Bank of India is an India-based bank. The Bank's segments include Treasury Operations, Wholesale Banking and Retail Banking. The Treasury operations segment includes the entire investment portfolio, which is dealing in government and other securities, money market operations and foreign exchange operations.

The bank standalone rose 7.5% to Rs 2,704.67 crore on 6.3% increase in revenue from operations to Rs 21,205.95 crore in Q3 FY26 over Q3 FY25.

As per the revised rate card, the overnight MCLR stands at 7.70%, while the one-month, three-month and six-month MCLR are at 8.05%, 8.20% and 8.60%, respectively. The one-year and three-year MCLR have been retained at 8.75% and 8.90%.

The lender also announced changes in its fixed rate spread structure effective April 1. Interest rates for different tenors have been revised, with one-year loans priced at 8.75% plus credit risk premium (CRP), two-year loans at 9.25% plus CRP, and three-year loans at 9.35% plus CRP. Four-year loans will carry an interest rate of 9.75% plus CRP, while loans above five years will be priced at 8.75% plus tenor premium and CRP.

Separately, the bank said its base rate has been reduced by 50 basis points to 9.50% per annum from 10%, effective April 1, 2026, and will remain applicable till June 30, 2026.

Bank of India is an India-based bank. The Bank's segments include Treasury Operations, Wholesale Banking and Retail Banking. The Treasury operations segment includes the entire investment portfolio, which is dealing in government and other securities, money market operations and foreign exchange operations.

The bank standalone rose 7.5% to Rs 2,704.67 crore on 6.3% increase in revenue from operations to Rs 21,205.95 crore in Q3 FY26 over Q3 FY25.

Shares of Bank of India tanked 5.45% to end at Rs 137.05 on the BSE.

Powered by Capital Market - Live News