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Tuesday, 22-May-2012

Bullion Banking

Discount Future Cash Flows

Foreign Currency Swing Limits

Exporters Gold Card

Dual Currency Swing Limit

Online Services

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Dual Currency Swing Limit

Scheme	A Credit facility with built-in option for the borrowers to switch between foreign currency limits and rupee limits depending on prevailing environment. A tool to enhance treasury profitability of corporates.
Purpose	Working Capital or Demand Loan for acquisition of assets related to business.
Limit	Minimum sanctioned amount for the facility would be USD 100,000/- or its equivalent in INR.
Tenor	The facility is available for a period not exceeding 1 year. Can be renewed, if required.
Pricing / Interest & basis	When borrowings are in Foreign Currency, interest would be linked to LIBOR. In case of INR, it is linked to BOIBPLR. Rates of interest will be refixed on each switchover (conversion date).
Charges	Reasonable Charges
Conversion	Spot Notice (i.e. Notice of 2 foreign exchange working days) will be required to be given by the borrower to the Bank for switching either from USD to INR and vice versa.

Announcement

Watch recorded webcast for Press Meet 30.04.2012

Watch recorded webcast for Analyst’s Meet 30.04.2012

Analyst Presentation for 31.03.2012

Financial Result for year ended 31.03.2012

Any complaint regarding NEFT transactions during 20.02.2012 to 6.03.2012 may be escalated to email ID Special.NEFT@bankofindia.co.in or on telephone No. 022-22886680 for immediate resolution.

Chairman & Managing Director's Message & Address

Bank has decided to decrease the Bank’s Base Rate from 10.75% p.a. to 10.50%p.a. and BPLR from 15.00% p.a. to 14.75% p.a. with effect from 01.05.2012

The Managing Committee of the Indian Banks’ Association has appointed Shri Alok K Misra , Chairman and Managing Director, BANK OF INDIA as Deputy Chairman of the Association

Pension Calculator is available on Knowledge Portal front page

Press release launching of Mobile Based Remittance, Urban Financial Inclusion and two factor Authentication

Notice for Debit and ATM cardholders

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