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Bank Of India Shimoga IFSC code, MICR code, Address

Bank Of India Branches in Shimoga

  • Bank Of India has 2 branches in Shimoga District of Karnataka.
For IFSC Branch Details Click Here
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Bank Of India Branches in Shimoga

To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the Branch Name from the table below.

Branch Name, Click for more detail City
SHAKUNAVALLISHIMOGA
SHIMOGASHIMOGA

Other Districtwise Branches of Bank Of India in Karnataka

Shimoga Ifsc Code
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Bank Of India News - Aug 2017
  • 2017-08-24 : Bank of India cuts savings rate by 0.5 per cent on deposits up to Rs. 50 lakh news
    Public sector lender, Bank of India has announced a cut in its savings account interest rate. The rates have been reduced by 0.5 per cent to 3.50 per cent on deposits of up to Rs. 50 lakh. For deposits above Rs. 50 lakh the bank has kept interest rate unchanged at 4 per cent per annum.
  • 2017-08-21 : Bank of India plans to cut savings bank account rate news
    Taking cues from State Bank of India, Bank of India (BoI) is also planning to cut its savings bank deposit rates not immediately but with an immediate effect. Meanwhile, the bank also plans to further focus on its retail, housing and MSME loans segment.
  • 2017-08-21 : Bank of India puts bad loans worth Rs. 3,169 crore on sale news
    In a bid to clean up its balance sheet, Public sector lender, Bank of India (BoI) plans to sell bad loans worth Rs. 3,169 crore to the asset reconstruction companies (ARCs). Meanwhile, the lender had also appointed some special situation advisors as their financial advisor to assist with this transaction. Following the move, the bank also targets to focus on further strengthening its loan segment including home loans.
  • 2017-08-09 : Bank of India reports growth in net profit at Rs. 88 crore news
    Bank of India has reported a significant growth in its net profit at Rs. 88 crore during the first quarter of FY18 as against a loss of Rs. 742 crore during the corresponding quarter of the previous fiscal year. Strong growth in net profit is due to the improvement in its asset quality and reduction in gross non-performing assets.
  • 2017-07-18 : Bank of India launches ‘Project Connect’ to tackle bad loans
    Bank of India (BOI) has announced the launch of a new initiative, ‘Project Connect’. The newly launched initiative will enable the bank to revive its performance and huge losses due to mounting bad loans during the two consecutive years.
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