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1. BOI touches 2006 levels
17.02.2016
Government
owned Bank
of India
(BOI) today
tumbled 6.5
percent to Rs
80.10 on
Bombay Stock
Exchange
(BSE), which
is its lowest
level since
July 2006.
The stock
prices of
Public Sector
bank dropped
after S&P
revised its
outlook on the
bank to
negative. The
rating agency
sees the asset
quality of the
Bank weakening over 12-18 months, which would hurt its profitability.
At 10.56 am, the shares of Bank of India were trading 3.21 percent down on BSE at Rs 82.95
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