Share price at the NSE close on 23 Oct 2026. Previous close ₹136.20.
- Next results date: the board meets on 23 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹59,640 Cr155th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 5.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 8 May 2026
- 0.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.55%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 13.8%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. For the whole group.
- 2.47%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company.
- 1.81%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company.
- 0.51%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company.
- 15.97%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. For the whole group.
- 0.92%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 81,82,52842.5% delivered
Bank of India board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonM R KUMAR
- Managing director and CEORAJNEESH KARNATAK
- Company SecretaryUSHA RAMSINGHANI
11 directors4 independent5 executive2 non-executive
- M R KUMAR · ChairpersonIndependent · joined Feb 2024 · reappointed Feb 2024 · 31 months as independent · 3 listed boards · 3 as independent · 2 committee seats
- RAJNEESH KARNATAK · Managing director and CEOExecutive · joined Apr 2023 · reappointed Apr 2023 · 41 months as independent · 1 listed board
- P.R. RAJAGOPALExecutive · joined Mar 2020 · reappointed Mar 2020 · 78 months as independent · 1 listed board · 1 committee seat
- SUBRAT KUMARExecutive · joined Nov 2022 · reappointed Nov 2022 · 46 months as independent · 1 listed board · 1 committee seat
- RAJIV MISHRAExecutive · joined Mar 2024 · reappointed Mar 2024 · 31 months as independent · 1 listed board · 1 committee seat
- PRAMOD KUMAR DWIBEDIExecutive · joined Nov 2025 · reappointed Nov 2025 · 11 months as independent · 1 listed board · 2 committee seats
- ASHOK NARAINNominee, non-executive · joined Jul 2023 · reappointed Jul 2023 · 39 months as independent · 1 listed board · 1 committee seat
- MANOJ M AYYAPPANNominee, non-executive · joined Aug 2024 · reappointed Aug 2024 · 26 months as independent · 1 listed board · 1 committee seat
- JAMUNA RAVI · Shareholder DirectorIndependent · joined Dec 2024 · reappointed Dec 2024 · 22 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- PRABODH PARIKH · Shareholder DirectorIndependent · joined Nov 2025 · reappointed Nov 2025 · 10 months as independent · 1 listed board · 1 as independent · 1 committee seat
- RAJ KUMAR SHARMAIndependent · joined Aug 2026 · reappointed Aug 2026 · 2 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- VISHWANATH V SHENOY, left 28 Nov 2025: Tenure Completion
- M. KARTHIKEYAN, left 31 Mar 2025: Tenure Completion
- MUNISH KUMAR RALHAN, left 20 Mar 2025: Tenure Completion
- VENI THAPAR, left 3 Dec 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Sep 202610 of 11 present4 independent · 26 days in between
- 27 Aug 20269 of 11 present4 independent · 12 days in between
- 14 Aug 20269 of 10 present3 independent · 14 days in between
- 30 Jul 20269 of 10 present3 independent · 5 days in between
2 earlier meetings
- 24 Jul 202610 of 10 present3 independent · 24 days in between
- 29 Jun 202610 of 10 present3 independent
Audit Committee
Chair RAJ KUMAR SHARMA
PRAMOD KUMAR DWIBEDI, MANOJ M AYYAPPAN, ASHOK NARAIN, JAMUNA RAVI
- 16 Sep 20265 of 5 present2 independent · 32 days in between
- 14 Aug 20264 of 4 present1 independent · 20 days in between
- 24 Jul 20264 of 4 present1 independent · 1 day in between
- 22 Jul 20264 of 4 present1 independent · 35 days in between
1 earlier meeting
- 16 Jun 20264 of 4 present1 independent
Nomination and remuneration committee
Chair JAMUNA RAVI
M R KUMAR, PRABODH PARIKH, RAJ KUMAR SHARMA
- 23 Jun 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair JAMUNA RAVI
P.R. RAJAGOPAL, SUBRAT KUMAR, RAJIV MISHRA, PRAMOD KUMAR DWIBEDI, PRABODH PARIKH
- 9 Sep 20263 of 6 present2 independent · 90 days in between
- 10 Jun 20266 of 6 present2 independent
Risk Management Committee
Chair PRABODH PARIKH
RAJNEESH KARNATAK, JAMUNA RAVI, RAJ KUMAR SHARMA
- 19 Sep 20263 of 4 present2 independent · 36 days in between
- 13 Aug 20263 of 3 present2 independent · 28 days in between
- 15 Jul 20263 of 3 present2 independent · 28 days in between
- 16 Jun 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair M R KUMAR
RAJNEESH KARNATAK, P.R. RAJAGOPAL, SUBRAT KUMAR, RAJIV MISHRA, PRAMOD KUMAR DWIBEDI, JAMUNA RAVI, PRABODH PARIKH, RAJ KUMAR SHARMA
- 9 Sep 20266 of 9 present4 independent · 90 days in between
- 10 Jun 20268 of 8 present3 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Jun 2026.
- M/s.A Bafna & Co.Peer-review certificate valid to Apr 2027
- M/s. Sarda & Pareek LLPPeer-review certificate valid to Dec 2028
- M/s. S C V & Co LLPPeer-review certificate valid to Feb 2027
- M/s.S JaykishanPeer-review certificate valid to Apr 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Bank of India AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bank of India dividend history
Annual general meeting, 15 Jun 2026
6,18,022 shareholders on the register on 15 Jun 2026; present: 1 promoter and 76 others; votes counted by S N VISHWANATHAN / S N ANANTHASUBRAMANIAN & CO.The company's voting result (opens in a new tab)
- To discuss, approve and adopt the Audited Balance Sheet as at 31st March 2026, Profit and Loss Account of the Bank for the Year Ended 31st March 2026.Ordinary98.77% for1.23% against
Against: promoters 0.00% · institutions 5.93% · other public 0.11%
Turnout: all 92.67% · promoters 100.00% · institutions 93.32% · other public 0.24%
- To declear dividend @Rs. 4.65 (46.50%) per equity share for the Financial Year 2025-26Ordinary99.84% for0.16% against
Against: promoters 0.00% · institutions 0.75% · other public 0.18%
Turnout: all 92.70% · promoters 100.00% · institutions 93.50% · other public 0.24%
- Appointment of Shri Pramod Dwibedi as Executive Director of the BankOrdinary94.87% for5.13% against
Against: promoters 0.00% · institutions 24.66% · other public 0.27%
Turnout: all 92.70% · promoters 100.00% · institutions 93.50% · other public 0.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 7 Nov 2025, 2 resolutions
6,78,227 shareholders on the register on 13 Oct 2025; present: 1 promoter and 34 others; votes counted by S. N. VISHWANATHAN / S. N. ANANTHSUBRAMANIAN & CO.The company's voting result (opens in a new tab)
- To approve the extension of term of Shri P R Rajagopal as Executive Director of the BankOrdinary99.73% for0.27% against
Against: promoters 0.00% · institutions 1.29% · other public 2.31%
Turnout: all 92.52% · promoters 100.00% · institutions 93.24% · other public 0.20%
- To approve the extension of term of Shri Subrat Kumar as Executive Director of the BankOrdinary99.73% for0.27% against
Against: promoters 0.00% · institutions 1.29% · other public 1.46%
Turnout: all 92.52% · promoters 100.00% · institutions 93.24% · other public 0.20%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Jun 2025, 3 resolutions
7,30,577 shareholders on the register on 20 Jun 2025; present: 1 promoter and 93 others; votes counted by S.N VISHWANATHAN / S.N ANATHASUBRAMANIAN & CO.The company's voting result (opens in a new tab)
To discuss, approve and adopt the Audited Balance Sheet as at 31st March 2025, Profit and Loss Account of the Bank for the year ended 31st March 2025, Report of the Board of Directors on the working and activities of the Bank for the above period covered by the Accounts and the Auditors Report on the Balance Sheet and Accounts.MoreLess
Ordinary99.86% for0.14% againstAgainst: promoters 0.00% · institutions 0.68% · other public 0.98%
Turnout: all 91.84% · promoters 100.00% · institutions 94.79% · other public 0.35%
- To declare dividend for the year 2024-25 @ Rs.4.05 (40.50%) per equity share.Ordinary99.88% for0.12% against
Against: promoters 0.00% · institutions 0.61% · other public 3.52%
Turnout: all 91.84% · promoters 100.00% · institutions 94.82% · other public 0.35%
- To appoint M/s. Sawant & Associates, practicing Company Secretary firm, as Secretarial Auditor of the Bank for a continuous period of five years from FY 2025-26 to FY 2029-30.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.95%
Turnout: all 91.84% · promoters 100.00% · institutions 94.82% · other public 0.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 3 Dec 2024, 1 resolution
Present: 1 promoter and 34 others.The company's voting result (opens in a new tab)
RESOLVED THAT pursuant to regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time, the appointment of Shri Manoj M Ayyappan, as Govt. Nominee Director of the Bank vide notification dated 05th August 2024 issued by Government of India w.e.f. 05th August, 2024 until further orders, be and is hereby approved.MoreLess
Ordinary99.17% for0.83% againstAgainst: promoters 0.00% · institutions 4.34% · other public 9.50%
Turnout: all 90.62% · promoters 100.00% · institutions 88.60% · other public 0.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Jun 2024, 7 resolutions
Present: 1 promoter and 88 others.The company's voting result (opens in a new tab)
- To discuss, approve and adopt the Audited Balance Sheet as at 31st March, 2024.Ordinary99.80% for0.20% against
Against: promoters 0.00% · institutions 1.05% · other public 0.16%
Turnout: all 90.73% · promoters 100.00% · institutions 90.41% · other public 1.14%
- To declare dividend for the Financial Year 2023-24 @Rs.2.80(28%) per equity shareOrdinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.95% · other public 0.18%
Turnout: all 90.73% · promoters 100.00% · institutions 90.44% · other public 1.11%
- Extension of term of Shri P R Rajagopal as Executive Director of the BankOrdinary99.76% for0.24% against
Against: promoters 0.00% · institutions 1.25% · other public 0.60%
Turnout: all 90.73% · promoters 100.00% · institutions 90.44% · other public 1.11%
- Extension of term of Shri M Karthikeyan as Executive Director of the BankOrdinary99.76% for0.24% against
Against: promoters 0.00% · institutions 1.25% · other public 0.53%
Turnout: all 90.73% · promoters 100.00% · institutions 90.44% · other public 1.11%
- Appointment of Shri Ashok Narain as Non Executive Nominee Director of the BankOrdinary99.16% for0.84% against
Against: promoters 0.00% · institutions 4.40% · other public 0.59%
Turnout: all 90.73% · promoters 100.00% · institutions 90.44% · other public 1.11%
- Appointment of Shri Rajiv Mishra as Executive Director of the BankOrdinary99.76% for0.24% against
Against: promoters 0.00% · institutions 1.25% · other public 0.57%
Turnout: all 90.73% · promoters 100.00% · institutions 90.44% · other public 1.11%
- Appointment of Shri M R Kumar as part-time Non-Official Director as well as Non-Executive Chairman of the BankSpecial99.75% for0.25% against
Against: promoters 0.00% · institutions 1.32% · other public 0.88%
Turnout: all 90.73% · promoters 100.00% · institutions 90.44% · other public 1.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Jun 2023, 7 resolutions
Present: 1 promoter and 64 others.The company's voting result (opens in a new tab)
- To discuss, approve and adopt the Audited Balance Sheet as at 31st March, 2023.Ordinary99.74% for0.26% against
Against: promoters 0.00% · institutions 2.29% · other public 4.12%
Turnout: all 91.69% · promoters 100.00% · institutions 83.79% · other public 0.29%
- To declare dividend for the Financial Year 2022-23 @Rs.2.00(20%) per shareOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 22.12%
Turnout: all 91.72% · promoters 100.00% · institutions 84.05% · other public 0.29%
- Appointment of Shri Bhushan Kumar Sinha as Non-Executive Nominee Director of the BankOrdinary97.95% for2.05% against
Against: promoters 0.00% · institutions 18.31% · other public 4.21%
Turnout: all 91.71% · promoters 100.00% · institutions 83.91% · other public 0.29%
- Appointment of Shri Subrat Kumar as Executive Director of the BankOrdinary98.28% for1.72% against
Against: promoters 0.00% · institutions 15.33% · other public 3.81%
Turnout: all 91.71% · promoters 100.00% · institutions 83.91% · other public 0.29%
- Appointment of Shri Rajneesh Karnatak as the Managing Director & Chief Executive Officer of the BankOrdinary99.46% for0.54% against
Against: promoters 0.00% · institutions 4.85% · other public 4.24%
Turnout: all 91.71% · promoters 100.00% · institutions 83.91% · other public 0.29%
- Appointment of Shri Munish Kumar Ralhan as part-time Non-Official Director of the BankSpecial99.55% for0.45% against
Against: promoters 0.00% · institutions 4.04% · other public 5.41%
Turnout: all 91.71% · promoters 100.00% · institutions 83.91% · other public 0.29%
- Raising of Capital of the Bank by way of issuance of fresh Equity Shares and/or by issuance of Additional TierI/TierII Capital as per Basel III guidelinesSpecial99.89% for0.11% against
Against: promoters 0.00% · institutions 0.98% · other public 5.85%
Turnout: all 91.71% · promoters 100.00% · institutions 83.91% · other public 0.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 28 Nov 2022, 3 resolutions
Present: 1 promoter and 37 others.The company's voting result (opens in a new tab)
Election of Director from amongst the Shareholders of the Bank other than Central Government in compliance with Bank of India (Shares & Meetings)Regulation, 2007. Voting Result of Shri Vishwanath Vittal Shenoy (Elected)MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 9.85% · promoters 0.00% · institutions 81.99% · other public 0.11%
Election of Director from amongst the Shareholders of the Bank other than Central Government in compliance with Bank of India (Shares & Meeting) resolution 2007 Voting Result of Shri Adish Kumar Jain (Not Elected)MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.03% · promoters 0.00% · institutions 0.09% · other public 0.33%
Election of Director from amongst shareholders of the Bank other than Central Government in compliance with Bank of India (shares & meeting) resolution 2007, Voting result of Shri Bhavanji Haribhai Patel(Not Elected)MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.03%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 15 Jul 2022, 3 resolutions
Present: 1 promoter and 70 others.The company's voting result (opens in a new tab)
To discuss, approve and adopt the Audited Balance Sheet as at 31st MaRCH 2022, Profit and Loss Account of the Bank for the year ended 31st March,2022, Report of the Board of Directors on the working and activities of the Bank for the above period covered by the Accounts and the Auditors Report on the Balance Sheet and Accounts.MoreLess
Ordinary99.84% for0.16% againstAgainst: promoters 0.00% · institutions 1.61% · other public 1.33%
Turnout: all 90.30% · promoters 100.00% · institutions 74.27% · other public 0.24%
- To declare dividend for the Financial Year 2021-22 @ Rs.2.00 (20%) per share, as recommended by the Board.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.28%
Turnout: all 90.31% · promoters 100.00% · institutions 74.34% · other public 0.24%
Approve to issue Fresh Equity Capital upto Rs.2,500 Crore. Approval to raise Fresh Equity Capital upto an amount of Rs.2,500 Core (Rs.Two Thousand Five Hundred Crore) including Share Premium, by way of Public issue or Right issue or Preferential issue or QIP or Private placement or any other permitted mode at an appropriate time whether at a discount or premium to the market price in one or more trances.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.13% · other public 8.73%
Turnout: all 90.31% · promoters 100.00% · institutions 74.34% · other public 0.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 15 Jun 2026, 31 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To discuss, approve and adopt the Audited Balance Sheet as at 31st March 2026, Profit and Loss Account of the Bank for the Year Ended 31st March 2026.
Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, NJ Mutual Fund, Sundaram Mutual Fund, Unifi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundThe Bank has not disclosed financials of all subsidiaries for FY 2025-26 on its website. Governance concern: Non-Compliant Audit Committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
- Axis Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Sundaram Mutual Fund, Unifi Mutual FundWe have relied upon the auditor’s report, which has not raised any concern regarding the standalone and consolidated financial statements. The auditors are of the opinion the financial statements are in accordance with generally accepted accounting policies and Indian Accounting Standards (IND-AS). Typical of public sector banks, Bank of India has four joint auditors. The audit committee must provide clarity on how it establishes accountability of these auditors and ensures that issues do not fall through the cracks, while allocating audit responsibilities. We raise concern that the Audit Committee and the board were non-compliant when the financial statements were approved by the board. While the auditor’s view on the financial statements is not modified, we believe that financial statements approved under such circumstances should not be supported until the governance framework is regularized and statutory compliance is ensured. Therefore, we do not support the resolution.
- Bandhan Mutual Fund, Groww Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundUnqualified Financial Statements. Non-Compliant with Companies Act, 2013 & SEBI LODR Regulations: The Bank has not disclosed financials of all subsidiaries for FY 2025-26 on its website. Governance concern: Non-Compliant Audit Committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
- Invesco Mutual Fund, NJ Mutual FundWe have relied upon the auditor’s report, which has not raised any concern regarding the standalone and consolidated financial statements. The auditors are of the opinion the financial statements are in accordance with generally accepted accounting policies and Indian Accounting Standards (IND-AS). Typical of public sector banks, Bank of India has four joint auditors. The audit committee must provide clarity on how it establishes accountability of these auditors and ensures that issues do not fall through the cracks, while allocating audit responsibilities. We raise concern that the Audit Committee and the board were non-compliant when the financial statements were approved by the board. While the auditor’s view on the financial statements is not modified, we believe that financial statements approved under such circumstances should not be supported until the governance framework is regularized and statutory compliance is ensured. Therefore, we do not support the resolution
- LIC Mutual FundNon compliance with respect to Companies Act, 2013 & SEBI LODR Regulations: The Bank has not disclosed financials of all subsidiaries for FY 2025-26 on its website. Governance concern: Non-Compliant Audit Committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
- Motilal Oswal Mutual FundNon-disclosure of financial statement of all subsidiaries on website, Non-compliant Audit Committee.
- Nippon India Mutual FundGovernance Concern: Non-Compliant Audit Committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
13 for15 against - To declear dividend @Rs. 4.65 (46.50%) per equity share for the Financial Year 2025-26
Against Angel One Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual Fund, LIC Mutual FundGovernance Concern is raised in adoption of financial statements of the Bank under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
- Groww Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundSufficient funds available for payment of dividend. Governance Concern is raised in adoption of financial statements of the Bank under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
- Motilal Oswal Mutual FundInter-linked to resolution #1.
23 for6 against1 abstained
- Appointment of Shri Pramod Dwibedi as Executive Director of the Bank
Against Angel One Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, quant Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance concern: Board is non-compliant with respect to requirement of minimum number of Independent Directors.
- Franklin Templeton Mutual FundA vote AGAINST the following nominees is warranted because the board is chaired by a non-executive director, and the board is not at least one-third independent and Pramod Kumar Dwibedi is a non-independent director nominee.
- Groww Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundAppointment compliant with Law. No concern on the merits of proposed appointee. Governance concern: Board is non-compliant with respect to requirement of minimum number of IDs.
- LIC Mutual FundGovernance concern: Board is non-compliant with respect to requirement of minimum number of IDs.
- Motilal Oswal Mutual FundNon-compliant board with the requirement of requisite number of ID’s.
- quant Mutual FundRelated to the appointment of Mr Pramod Dwibedi as Executive Director. Appointment compliant with the law. No concern on the merits of proposed appointee. Governance concern: Board is non-compliant with respect to requirement of minimum number of IDs.
22 for8 against1 abstained
3 proposals not matched to one resolution
- Item 1, as a fund house numbered it
Against Taurus Mutual Fund
- Taurus Mutual FundWe have relied upon the auditor’s report, which has not raised any concern regarding the standalone and consolidated financial statements. The auditors are of the opinion the financial statements are in accordance with generally accepted accounting policies and Indian Accounting Standards (IND-AS). Typical of public sector banks, Bank of India has four joint auditors. The audit committee must provide clarity on how it establishes accountability of these auditors and ensures that issues do not fall through the cracks, while allocating audit responsibilities. We raise concern that the Audit Committee and the board were non-compliant when the financial statements were approved by the board. While the auditor’s view on the financial statements is not modified, we believe that financial statements approved under such circumstances should not be supported until the governance framework is regularized and statutory compliance is ensured. Therefore, we do not support the resolution.
0 for1 against - Item 2, as a fund house numbered it1 for0 against
- Accept Financial Statements and Statutory Reports1 for0 against
1 abstained
Mutual fund votes, meeting of 7 Nov 2025, 30 fund houses
- To approve the extension of term of Shri P R Rajagopal as Executive Director of the Bank29 for0 against
1 abstained
- To approve the extension of term of Shri Subrat Kumar as Executive Director of the Bank29 for0 against
1 abstained
6 earlier meetings
Mutual fund votes, meeting of 27 Jun 2025, 27 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To discuss, approve and adopt the Audited Balance Sheet as at 31st March 2025, Profit and Loss Account of the Bank for the year ended 31st March 2025, Report of the Board of Directors on the working and activities of the Bank for the above period covered by the Accounts and the Auditors Report on the Balance Sheet and Accounts.MoreLess
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance concern: Non-Compliant Audit Committee. Accounts not vetted by a duly constituted compliant audit committee.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundUnqualified financial statements. Compliant with Indian Accounting Standards. Governance concern: Non-Compliant Audit Committee. Accounts not vetted by a duly constituted compliant audit committee.
- LIC Mutual FundConcern over Non-Compliant Audit Committee. Accounts not vetted by a duly constituted compliant audit committee.
16 for8 against- To declare dividend for the year 2024-25 @ Rs.4.05 (40.50%) per equity share.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual Fund, LIC Mutual FundGovernance Concern is raised in adoption of financial statements of the Bank under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundSufficient funds available for payment of dividend. Governance Concern is raised in adoption of financial statements of the Bank under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
17 for8 against1 abstained
- To appoint M/s. Sawant & Associates, practicing Company Secretary firm, as Secretarial Auditor of the Bank for a continuous period of five years from FY 2025-26 to FY 2029-30.25 for0 against
1 abstained
4 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Accept Financial Statements and Statutory Reports1 for0 against
1 abstained
Mutual fund votes, meeting of 3 Dec 2024, 19 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
RESOLVED THAT pursuant to regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time, the appointment of Shri Manoj M Ayyappan, as Govt. Nominee Director of the Bank vide notification dated 05th August 2024 issued by Government of India w.e.f. 05th August, 2024 until further orders, be and is hereby approved.MoreLess
Against Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual FundCompliant with Law. No concern on the merits of proposed appointee. Governance concern: Delayed Shareholders’ approval.
- LIC Mutual FundCompliant with Law. No concern on the merits of proposed appointee. Governance concern: Delayed Shareholders approval.
14 for4 against
1 proposal not matched to one resolution
- To elect one Director from amongst the shareholders of the Bank.1 for0 against
Mutual fund votes, meeting of 25 Jun 2024, 23 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To discuss, approve and adopt the Audited Balance Sheet as at 31st March, 2024.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified Financial Statements. Governance concern: Non-Compliant Audit Committee. Accounts not vetted by a duly constituted compliant audit committee.
- Zerodha Mutual FundNon-Compliant Audit Committee. Accounts not vetted by a duly constituted compliant audit committee.
17 for4 against - To declare dividend for the Financial Year 2023-24 @Rs.2.80(28%) per equity share
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundSufficient funds for payment of dividend. Governance Concern is raised in adoption of financial statements of the Bank under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
- Zerodha Mutual FundGovernance Concern is raised in adoption of financial statements of the Bank, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
17 for4 against1 abstained
- Extension of term of Shri P R Rajagopal as Executive Director of the Bank
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No concern on the merits of proposed appointee. Governance concern: Delayed Shareholders’ approval.
- Zerodha Mutual FundGovernance concerns as there is delay in shareholders' approval.
17 for4 against1 abstained
- Extension of term of Shri M Karthikeyan as Executive Director of the Bank
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No concern on the merits of proposed appointee. Governance concern: Delayed Shareholders’ approval.
- Zerodha Mutual FundGovernance concerns as there is delay in shareholders' approval.
17 for4 against1 abstained
- Appointment of Shri Ashok Narain as Non Executive Nominee Director of the Bank
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No concern on the merits of proposed appointee. Governance concern: Delayed Shareholders’ approval.
- Zerodha Mutual FundGovernance concerns as there is delay in shareholders' approval.
17 for4 against1 abstained
- Appointment of Shri Rajiv Mishra as Executive Director of the Bank
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance concern: Delayed Shareholders’ approval.
- Zerodha Mutual FundGovernance concerns as there is delay in shareholders' approval.
17 for4 against1 abstained
- Appointment of Shri M R Kumar as part-time Non-Official Director as well as Non-Executive Chairman of the Bank
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No concern on the merits of proposed appointee. Governance concern: Delayed Shareholders’ approval, Term of appointment is ambiguous and against spirit of the law.
- Zerodha Mutual FundGovernance concerns as there is delay in shareholders' approval. Term of appointment is ambiguous and against spirit of the law.
17 for4 against1 abstained
8 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
- Item 5, as a fund house numbered it1 for0 against
- Item 6, as a fund house numbered it1 for0 against
- Item 7, as a fund house numbered it1 for0 against
- Accept Financial Statements and Statutory Reports0 for0 against
1 abstained
Mutual fund votes, meeting of 27 Jun 2023, 10 fund houses
- To discuss, approve and adopt the Audited Balance Sheet as at 31st March, 2023.
Against Nippon India Mutual Fund
- Nippon India Mutual FundAudit committee is not compliant
9 for1 against - To declare dividend for the Financial Year 2022-23 @Rs.2.00(20%) per share10 for0 against
- Appointment of Shri Bhushan Kumar Sinha as Non-Executive Nominee Director of the Bank
Against Kotak Mahindra Mutual Fund, Mirae Asset Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund
- Kotak Mahindra Mutual FundBhushan Kumar Sinha, 58 is currently Additional Secretary in the Department of Financial Services, Ministry of Finance. The Central Government of India appointed Mr. Bhushan Kumar Sinha as Non-Executive Nominee Director of Government of India on the Board of the Bank w.e.f. 11th April, 2022 to until further orders. The Bank has failed to take shareholders approval within 3 months as per SEBI LODR Regulations 17(1C) and further, the approval was not even obtained in the last annual general meeting held post the said appointment. Hence voting against.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
- Sundaram Mutual FundDr. Bhushan Kumar Sinha, 58, is the Additional Secretary in the Department of Financial Services (DFS), Ministry of Finance, Government of India. Prior to joining DFS, he had a three-year stint as an Economic Advisor in the Department of Investment and Public Asset Management (DIPAM). He belongs to the 1993 Batch of Indian Economic Service. He has an MBA from the National Graduate School of Management (NGSM), Australian National University, Canberra and a Ph.D. from the Department of Financial Studies, University of Delhi. The bank has not stated if he will be liable to retire by rotation. In the absence of clarity and based on past practice, we expect the nominee of Department of Financial Services, Ministry of Finance and/or Public Enterprises will not retire by rotation. We do not support non-rotational board seats for non-executive non-independent directors or any other right which grants permanent directorship status to any individual. Further, the board composition is not compliant with regulations on independent director representation. We expect the bank to first address the board composition, before appointing their nominees on the board.
6 for4 against - Appointment of Shri Subrat Kumar as Executive Director of the Bank
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
9 for1 against - Appointment of Shri Rajneesh Karnatak as the Managing Director & Chief Executive Officer of the Bank
Against Nippon India Mutual Fund
- Nippon India Mutual FundHalf of the board of directors are not Independent
9 for1 against - Appointment of Shri Munish Kumar Ralhan as part-time Non-Official Director of the Bank
Against Nippon India Mutual Fund
- Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
9 for1 against - Raising of Capital of the Bank by way of issuance of fresh Equity Shares and/or by issuance of Additional TierI/TierII Capital as per Basel III guidelines10 for0 against
Mutual fund votes, meeting of 28 Nov 2022, 6 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
Election of Director from amongst the Shareholders of the Bank other than Central Government in compliance with Bank of India (Shares & Meetings)Regulation, 2007. Voting Result of Shri Vishwanath Vittal Shenoy (Elected)MoreLess
3 for0 againstElection of Director from amongst the Shareholders of the Bank other than Central Government in compliance with Bank of India (Shares & Meeting) resolution 2007 Voting Result of Shri Adish Kumar Jain (Not Elected)MoreLess
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for1 againstElection of Director from amongst shareholders of the Bank other than Central Government in compliance with Bank of India (shares & meeting) resolution 2007, Voting result of Shri Bhavanji Haribhai Patel(Not Elected)MoreLess
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for1 against
2 proposals not matched to one resolution
- 1) To elect one shareholder director who will assume office from 28 November 2022 for a period of three years - Vishwanath Vittal Shenoy, Adish Kumar Jain and Bhavanji Haribhai Patel.1 for0 against
To elect one Director from amongst the shareholders of the Bank (other than the Central Government) in terms of Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.MoreLess
2 for0 against
Mutual fund votes, meeting of 15 Jul 2022, 7 fund houses
To discuss, approve and adopt the Audited Balance Sheet as at 31st MaRCH 2022, Profit and Loss Account of the Bank for the year ended 31st March,2022, Report of the Board of Directors on the working and activities of the Bank for the above period covered by the Accounts and the Auditors Report on the Balance Sheet and Accounts.MoreLess
Against Nippon India Mutual Fund
- Nippon India Mutual FundNon-disclosure of latest financial statements of Subsidiaries on the website
6 for1 against- To declare dividend for the Financial Year 2021-22 @ Rs.2.00 (20%) per share, as recommended by the Board.7 for0 against
Approve to issue Fresh Equity Capital upto Rs.2,500 Crore. Approval to raise Fresh Equity Capital upto an amount of Rs.2,500 Core (Rs.Two Thousand Five Hundred Crore) including Share Premium, by way of Public issue or Right issue or Preferential issue or QIP or Private placement or any other permitted mode at an appropriate time whether at a discount or premium to the market price in one or more trances.MoreLess
7 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyRBISince 2 Jul 2026
Penalty amount of Rs.1500 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 2 Jul 2026
Penalty amount of Rs.15000 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 2 Jul 2026
Penalty amount of Rs.5000 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 7 Jul 2026
Penalty amount of Rs.5000 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 7 Jul 2026
Penalty amount of Rs.550 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 8 Jul 2026
Penalty amount of Rs.150 levied by RBI
Mutilated & Shortage of notes found in remittance. - Fine or penaltyRBISince 8 Jul 2026
Penalty amount of Rs.550 levied by RBI
Mutilated & Shortage of notes found in remittance. - Fine or penaltyRBISince 8 Jul 2026
Penalty amount of Rs.10800 levied by RBI
Mutilated, Forged & Shortage of notes found in remittance.
35 more
- Fine or penaltyRBISince 9 Jul 2026
Penalty amount of Rs.37600 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 10 Jul 2026
Penalty amount of Rs.2600 levied by RBI
Mutilated & Shortage of notes found in remittance. - Fine or penaltyRBISince 10 Jul 2026
Penalty amount of Rs.200 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 14 Jul 2026
Penalty amount of Rs.20000 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 15 Jul 2026
Penalty amount of Rs.44650 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 17 Jul 2026
Penalty amount of Rs.2700 levied by RBI
Mutilated & Shortage of notes found in remittance. - Fine or penaltyRBISince 18 Jul 2026
Penalty amount of Rs.5400 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 24 Jul 2026
Penalty amount of Rs.72800 levied by RBI
Irregularities observed during RBI Inspection & Shortage of notes found in remittance . - Fine or penaltyRBISince 24 Jul 2026
Penalty amount of Rs.40500 levied by RBI
Mutilated & Shortage of notes found in remittance. - Fine or penaltyRBISince 29 Jul 2026
Penalty amount of Rs.1000 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 31 Jul 2026
Penalty amount of Rs.100 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 5 Aug 2026
Penalty amount of Rs.250 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 5 Aug 2026
Penalty amount of Rs.100 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 5 Aug 2026
Penalty amount of Rs.800 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 10 Aug 2026
Penalty amount of Rs.23250 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 10 Aug 2026
Penalty amount of Rs.650 levied by RBI
Mutilated, Forged & Shortage of notes found in remittance. - Fine or penaltyRBISince 11 Aug 2026
Penalty amount of Rs.10300 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 18 Aug 2026
Penalty amount of Rs.39750 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 19 Aug 2026
Penalty amount of Rs.5000 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 20 Aug 2026
Penalty amount of Rs.15000 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 21 Aug 2026
Penalty amount of Rs.1300 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 21 Aug 2026
Penalty amount of Rs.50 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 28 Aug 2026
Penalty amount of Rs.600 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 3 Sep 2026
Penalty amount of Rs.1600 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 14 Sep 2026
Penalty amount of Rs.10000 levied by RBI
Irregularities observed during RBI Inspection. - Fine or penaltyRBISince 15 Sep 2026
Penalty amount of Rs.8363.01 levied by RBI
Late Reporting - Fine or penaltyRBISince 16 Sep 2026
Penalty amount of Rs.900 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 18 Sep 2026
Penalty amount of Rs.3950 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 18 Sep 2026
Penalty amount of Rs.4750 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 19 Sep 2026
Penalty amount of Rs150 levied by RBI
Shortage of notes found in remittance. - Fine or penaltyRBISince 21 Sep 2026
Penalty amount of Rs.45100 levied by RBI
Mutilated, Forged & Shortage of notes found in remittance. - Fine or penaltyRBISince 21 Sep 2026
Penalty amount of Rs.50 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 21 Sep 2026
Penalty amount of Rs.100 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 30 Sep 2026
Penalty amount of Rs.100 levied by RBI
Mutilated notes found in remittance. - Fine or penaltyRBISince 30 Sep 2026
Penalty amount of Rs.6000 levied by RBI
Irregularities observed during RBI Inspection.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| OthersDec 2025 | 2,500.00 | – | – | No | |
| OthersDec 2025 | 10,000.00 | – | – | No |