Bank of India , one of India's leading public sector banks, has announced an upcoming analyst meet to discuss its financial performance for the first quarter of the fiscal year 2025-26. The event, scheduled for July 29, 2025, at 6:30 PM, will be held in a hybrid format, allowing both physical and virtual participation.

Key Details of the Analyst Meet

• Date and Time: Tuesday, July 29, 2025, at 6:30 PM
• Venue: Golconda Ballroom, Trident Hotel, BKC, Mumbai
• Virtual Participation: Available through Webex

Top Management Attendance

The analyst meet will feature presentations and discussions led by the bank's top management, including:

• Shri Rajneesh Karnatak - Managing Director & CEO
• Shri P R Rajagopal - Executive Director
• Shri Subrat Kumar - Executive Director
• Shri Rajiv Mishra - Executive Director

Financial Results Under Discussion

The primary focus of the meeting will be to discuss Bank of India's unaudited financial results for the first quarter ended June 30, 2025 (Q1 FY'26). This event provides an opportunity for analysts and investors to gain insights into the bank's performance and engage with its leadership.

Participation Details

For those interested in attending the analyst meet:

• Physical Attendance: The event will be held at the Golconda Ballroom, Trident Hotel, BKC, Mumbai.
• Virtual Attendance: Participants can join via Webex using the following details:
  • Meeting number: 2510 651 8634
  • Meeting password: Boi@1234 (26411234 when dialing from a phone or video system)
• Phone Dial-In:
  • India Toll (Mumbai): +91-22-6480-0114
  • India Toll (Delhi): +91-11-6480-0114
  • Access code: 251 065 18634

Participants are advised to join the call by 6:15 PM to avoid any login issues.

Additional Information

For any queries related to the analyst meet, interested parties can contact Adfactors PR:

• Maimuna Dhorajiwala: 80978 29942, maimuna.dhorajiwala@adfactorspr.com
• Viraj Salunkhe: 9833297294, viraj.salunkhe@adfactorspr.com

This analyst meet is an important event for stakeholders to understand Bank of India's recent financial performance and future outlook. The hybrid format ensures wider accessibility, allowing participants to engage with the bank's top management and gain valuable insights into its operations and strategies.

Bank of India (BOI) has announced a series of customer-friendly measures, including interest rate reductions and the elimination of minimum balance charges, effective July 7, 2025. These changes are expected to enhance customer value and support credit growth in various sectors.

Interest Rate Reductions

The bank has implemented interest rate cuts across several key products:

1. Green Deposits: BOI has reduced rates on its environmentally-focused deposit products, potentially adjusting to market conditions while maintaining its commitment to sustainable banking practices.

2. Savings Accounts: Customers will see a decrease in the interest rates on their savings accounts. While this may impact returns for savers, it could allow the bank to offer more competitive lending rates.

3. Home Loans: The reduction in home loan interest rates could make homeownership more affordable for many Indians, potentially stimulating the real estate sector.

4. Education Loans: Lower rates on education loans may ease the financial burden on students and their families, making higher education more accessible.

Waiver of Minimum Balance Charges

In a move that will benefit a wide range of customers, Bank of India has announced the waiver of charges for non-maintenance of minimum balance in all savings accounts. This decision is likely to:

• Provide relief to low-income account holders
• Attract new customers who may have been hesitant to open accounts due to minimum balance requirements
• Enhance financial inclusion by making banking services more accessible

Strategic Implications

These changes reflect Bank of India's strategy to:

1. Boost credit growth by making loans more attractive across various segments
2. Increase its customer base by removing barriers to account opening and maintenance
3. Adapt to the competitive banking landscape by offering more customer-friendly policies

While the reduced deposit rates may impact savers, the overall package of changes aims to strike a balance between different customer segments and the bank's growth objectives.

As these changes take effect from July 7, 2025, customers are advised to review their accounts and loan terms to understand how these new rates and policies will affect their financial planning and banking relationship with Bank of India.