BOI declares M/s Abhijeet MADC Nagpur Energy Pvt Ltd directors as wilful defaulters
Nagpur: The Recovery Head Office of Bank of India, Mumbai has declared two directors of M/s Abhijeet MADC Nagpur Energy Pvt Ltd. as wilful defaulters for defaulting in meeting their payment obligations to the bank. The borrower entity had availed...
Bank of India’s Sadar Branch duped of Rs 15.81 lakh by cyber crook
Nagpur: In an email spoofing fraud, Bank of India (BoI), Sadar Branch, in Nagpur, was duped of over Rs 15.81 lakh after a cyber crook masquerading over phone as a director of a private company that had two accounts with...
Man flees city after duping 3 banks of Rs 60 lakh
Nagpur: In a series of bank fruads marring the banks in city, yet another multi-bank loan fraud of Rs 60 lakh has surfaced. As many as three banks from the city has been duped of this amount. The...
RBI puts Bank of India under watch for high bad loans; shares tumble
New Delhi: The Reserve Bank of India has put Bank of India under watch for high bad loans by initiating prompt corrective action against it, a move that will place various restrictions on the lender, including on fresh loans and...
Bank of India employees go on two-day nation-wide strike
Nagpur Today: The All India Bank Employees Association Union having 90 per cent membership has called for a nationwide strike to press for their long-pending demands. The two-day strike is organized on March 28 and 29, 2014. The employees and staff...
