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Saturday, 04-Feb-2012
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Bullion Banking
Export Finance
Channel Credit
Discount Future Cash Flows
Foreign Currency Swing Limits
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Dual Currency Swing Limit
 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

Analyst Meet Presentation for 31.12.2011

Reviewed Financial Results for the period ended 31.12.2011

Notice of Board Meeting

Analyst Meet Presentation for 31.12.2011 Reviewed Financial Results for the period ended 31.12.2011 Notice of Book Closure for Bonds

Chairman & Managing Director's Message & Address

Bank of India has decided to abolish prepayment charges on home loans for both fixed and floating rate loans across all tenures for existing as well as new borrowers

Watch recorded webcast of Analyst Meet-30.09.2011

Watch recorded webcast of Press Meet-30.09.2011

Financial Results for the quarter / half year ended 30th September 2011

Analyst Meet Presentation-30.09.2011

Press Release

Festiva l offer – Rate of interest reduced on Home Loans & Auto Loans.

Watch webcast of 106th foundation day

Bank has decided to increase the Bank’s Base Rate from 10.00% p.a. to 10.75%p.a. and BPLR from 14.25% p.a. to 15.00% p.a. with effect from 28.07.2011.


Interest Subsidy for Education Loans

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

Forex Card Rate
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