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Tag: Bank Of India

Bank Fraud In Odisha: Ex-Manager, 4 Others Awarded 14 Year Jail, 27 Lakh Fine Each

Baripada: A CJM court here on Thursday awarded 14-year imprisonment and imposed Rs 27 lakh fine each to then Bank of India (BOI) manager and four others in connection with Rs 1.31 crore fraud case. While hearing the matter, the court convicted the then BOI Jharapokharia branch manager Girija Mishra, field officer Satyarupa Mohanty, suppliers […]

Odia Officer Atanu Das Appointed Bank Of India MD, CEO

Bhubaneswar/Mumbai: The Government of India has appointed Odia officer Atanu Kumar Das as the Managing Director (MD) and Chief Executive Officer (CEO) of the Bank of India. He has been the Executive Director of the BoI since February 17, 2017. An alumnus of Unit-I Boys’ High School and BJB College in Bhubaneswar, Das is a […]

Customer Injured In ‘Accidental Firing’ Inside Bank In Odisha

Puri: One person was injured on Friday after being hit by a bullet fired from the weapon of a security guard deployed at the Bank of India branch in Kumbharpada of Puri district. The injured customer Munna Gharami, who hails from West Bengal, was first admitted to Puri hospital and then he was shifted Bhubaneswar. […]

RBI guildelines on ATM free transaction
Using SBI Or Other ATM Cards? Here's A Good News For All, See New Rules

New Delhi: In what could be a big relief for ATM card users, the Reserve Bank of India (RBI) has issued notice to all Scheduled Commercial Banks including Regional Rural Banks, Urban Co-operative Banks, State Co-operative Banks, District Central Co-operative Banks, Small Finance Banks, Payment Banks, White Label ATM Operators clarifying on the usage of […]

RBI guildelines on ATM free transaction
RBI Alert: New Security Features In ATM, Debit Cards

New Delhi: The Reserve Bank of India (RBI) has issued various instructions to banks in respect of security and risk mitigation measures related to card transactions. According to MoS Finance Anurag Thakur, the RBI has directed banks- (1) to provide online alerts for all card transactions (2) Introduce additional security measures, inter-alia, which include: All […]

ED attaches Rs 483-cr properties of Tayal Group

New Delhi: The Enforcement Directorate (ED) has attached immovable properties worth Rs 483 crore of Mumbai-based KSL and Industries Ltd for allegedly fraudulently availing loans worth Rs 524 crore from Bank of India and Andhra Bank in 2008, the agency said on Tuesday. KSL and Industries Ltd is a firm of Tayal Group, which is promoted […]

bank-holidays december
Alert! Banks To Remain Closed For 5 Days This December

Kolkata: Ahead of the strike called by the United Forum of Bank Unions (UFBU) on December 26, one of the bank officers’ union has called a strike on December 21, demanding unconditional mandate for the XIth bipartite wage revision talks, officials said on Wednesday. In the wake of strikes and holidays, the banks will remain […]

IBPS recruitment 2019 exam notification
IBPS Recruitment 2019-20: Notification out for 4102 Probationary posts; Get Details Here

Institute of Banking Personnel Selection (IBPS) has released a recruitment notification for the positions of Probationary Officer/ Management Trainee under IBPS recruitment 2019-20. Interested and eligible candidates can apply for the positions from August 14, 2018 while the deadline to submit application form is September 4, 2018. Selection Process: The examination will be two tier […]

15 lakh cash looted from four ATMs in Baripada

Baripada: Unidentified miscreants allegedly looted cash worth Rs 15 lakh from four different ATMs in Mayurbhanj district on Saturday night. All the four ATM machines at Axis Bank at Tulasichaura, United Bank of India at  Palabani, UBI at Astia and Bank of India at Station Bazar have been looted in a similar fashion using gas […]

Rs 9 lakh looted at gun point from bank in Jaleswar

Balasore: Armed miscreants on Thursday looted Rs 9 lakh at gunpoint from the cash counter of Bank of India’s Nuabazar branch in Jaleswar. Sources said five miscreants posing as customers entered the bank at around 3:15 pm and later decamped with the cash by terrorizing bank officials with weapons. A team of senior police officials […]

Woman bank employee shot at by security guard in Capital

Bhubaneswar: A woman employee of the Bank of India (BOI), Gandamunda branch under Khandagiri police limits was shot at by a security guard of the bank today. The bank official identified as Aditi Singh sustained bullet injuries on her leg and was admitted to a private hospital here for treatment. Receiving information, police detained Karunakar […]

Miscreants loot over Rs 9 lakh from bank in Cuttack

Cuttack: Throwing up a challenge for Commissionerate police, unidentified miscreants looted cash over Rs 9 lakh from Bank of India (BOI) branch at Nayasarak here on Tuesday. According to reports, four miscreants had entered the branch at around 12:30 pm while two of them managed to sneak into the cashier’s counter and decamped with the […]

ATM password hacked, miscreants loot Rs 12L  

Bhubaneswar: In yet another bank robbery incident, unidentified miscreants looted Rs 12 lakh from an ATM of the Bank of India at Jatni in Khurda district. Shockingly, the miscreants looted the cash from the ATM located at Taraboi under Jatni police limits late on Monday night by hacking its password. After a written complaint, the […]

Raghurajpur becomes Bank of India’s digital village

Puri: Heritage crafts village Raghurajpur in Puri district was adopted by the Bank of India as a ‘digital village’, said the nationalised bank’s general manager SK Agarwal said today. Initially 20 point of sale (PoS) machines are installed by the Bank of India in Raghurajpur while 200 savings bank accounts have been opened by the […]

2 arrested in connection with Jharsuguda BOI loot case

Jharsuguda: Police on Thursday arrested two persons form Rourkela for their involvement in Bank of India’s Beheramal branch loot case. According to sources, police has seized one revolver from their possession. On May 5, a gang of armed dacoits looted cash worth over Rs 86 lakh from the Bank of India’s Beheramal branch. As many […]

More than Rs 60 lakh looted from two banks in Odisha

More than Rs 60 lakh are looted from two different banks located in Odisha on Thursday

Over Rs. 50 lakh cash looted from Jharsuguda bank

Panic gripped Jharsuguda town after a gang of armed dacoits looted cash worth over Rs 50 lakh from the Bank of India’s Beheramal branch this morning

BOI loans USD 200 mln to AI for purchase of 3 Dreamliners

For the first time, Indian banks have started evincing interest in financing aircraft purchase, with state-run Bank of India (BoI) extending a loan of USD 200 million to Air India to finance the acquisition of three Dreamliners, official sources said on Sunday