Bank of India(BOI) Specialist Officer (SO) Recruitment 2025 for 180 Posts

 

Bank of India (BOI), a prominent public sector bank, has released a notification for the recruitment of Specialist Officers (SO) across various disciplines up to Scale IV. Eligible candidates can submit their online applications from March 8, 2025, to March 23, 2025.

Bank of India SO Recruitment 2025 Overview

Organization	Bank of India (BOI)
Advt. No.	Project No. 2024-25/1
Post Name	Specialist Officer (SO)
Vacancies	180
Job Location	Across India
Mode of Application	Online
Last Date to Apply	23 March 2025
Category	Online Exam and/or Interview
Official Website	www.bankofindia.co.in

Bank of India SO Recruitment 2025 Important Dates

• Online Application Start Date: 8 March 2025
• Last Date to Apply: 23 March 2025 (till 11:59 PM)
• Last Date for Fee Payment: 23 March 2025
• Exam Date: To be released

Bank of India SO Recruitment 2025 Application Fees

• General / Others: ₹850/-
• SC / ST / PWD: ₹175/-
• Mode of Payment: Online

Bank of India SO Recruitment 2025 Age Limit

• Minimum Age: 25 Years
• Maximum Age: 32-35 Years (Post Wise)
• Age Limit as on 01/01/2025
• The age relaxation will be given as per the rules.

Bank of India SO Recruitment 2025 Educational Qualifications

Post Name	Qualification
Specialist Officer	Check Notification

Bank of India SO Recruitment 2025 Vacancy Details

Post Name	Vacancies
Specialist Officer	180 (UR-77, EWS-15, OBC-49, SC-24, ST-15)

Bank of India SO Recruitment 2025 Selection Process

The selection process for Bank of India SO Recruitment 2025 will consist of:

• Written Exam
• Personal Interview
• Document Verification
• Medical Examination

Bank of India SO Recruitment 2025 Exam Pattern

Subject	Questions	Marks	Duration
English Language	25	25	30 Mins
Professional Knowledge Relevant to the Post	100	100	60 Mins
General Awareness with special reference to Banking Industry	25	25	30 Mins
Total	150	150	2 Hours

Bank of India SO Recruitment 2025 Notification PDF & Apply Online 

Click Here to Notification PDF
Click Here to Apply Online
Click Here for Eligibility Criteria

Read More

PSU banks increase their market share and surpass private lenders in loan growth

 

According to a report by Mint, India's public sector banks have surpassed their private sector counterparts in terms of lending growth, reclaiming some of the market share they had lost during the previous few years. In December, the loan book of public sector banks increased by 12.4% year over year, while that of private banks increased by 10.5%. As of December 31, 53.5 percent of all loans were disbursed by state-run banks. The report, which referenced RBI data, stated that this is greater than their market share of 53.2% at the end of the September quarter. According to the survey, private lenders' market share fell from 41.8 percent in September to 41.5 percent in December.

Following years of decline, PSU banks' market share has somewhat increased. In June 2017, its market share was 66.7 percent; by June 2024, it had fallen to 53.1 percent. According to the research, this might have been exacerbated by its deteriorating asset quality and capital worries. 

 Public sector banks performed well in the first three quarters of the current fiscal year, according to the finance ministry on February 6. Their April-December net profit of Rs 1.29 lakh crore represented a 31.3 percent increase over the same period last year. With the net NPA ratio at 0.59 percent, the ministry also reported an improvement in asset quality.

According to the ministry, PSBs are well-capitalized and positioned to satisfy the credit needs of all economic sectors, with a focus on the infrastructure, MSME, and agricultural sectors. 

 Improved systems and procedures for credit discipline, the identification and resolution of stressed assets, responsible lending, better governance, financial inclusion programs, and technology adoption are just a few of the outcomes of policy and procedural changes. 

 These actions resulted in the banking industry's overall stability and long-term financial health, which is seen in the PSBs' current performance.

Read More

Why Indian Stock Market is Falling down?

 

Experts say there is a rumor that the Indian banks' Q4 results may fall short of market expectations. The Q3FY25 results season was quite disappointing, and the market was unable to process this news given the existing circumstances, which resulted in increased selling in the Indian stock market on Friday. Banking stocks account for 30% of the Nifty 50 index's strength, and this decline is what caused the Nifty 50 and Sensex to decline.

Uncertainty Over Trump’s Tariff Policies

Fresh U.S. tariff concerns added to the market volatility. On Thursday, Donald Trump announced new tariffs:

25% tariffs on Canadian and Mexican imports (effective March 4, instead of April 2).

10% tariffs on Chinese goods.

A reaffirmation of 25% tariffs on European Union imports.

These unpredictable trade measures have created uncertainty for global markets, including India.

Impact of MSCI Index Rebalancing

The upcoming MSCI index reshuffling is also pressuring Indian markets. Anshul Jain, Head of Research at Lakshmishree Investment and Securities, explained that the rejig is causing fluctuations in trade volumes and fund flows, prompting both FIIs and DIIs to adjust their portfolios.

Concerns Over GDP Data

Investors are cautious ahead of India’s December quarter GDP data, which is set to be released after market hours on Friday. Analysts expect a rebound in economic growth, but concerns over slowing corporate earnings and foreign outflows continue to weigh on sentiment.

Reluctance Among Domestic Investors (DIIs)

Despite Foreign Institutional Investors (FIIs) aggressively selling stocks, Domestic Institutional Investors (DIIs) have not stepped in to support the market as they have in previous downturns. Avinash Gorakshkar of Profitmart Securities noted that DIIs are stuck at higher levels and are waiting for more clarity on market trends before making any major moves.

Pressure on IT Stocks

The global sell-off in technology stocks hit the Indian IT sector hard.The Nifty IT index plunged 3.2%.

Persistent Systems, Tech Mahindra, and Mphasis fell up to 4.5%.The drop followed a sharp decline in Nvidia’s stock on Wall Street, triggering a sell-off in AI-related companies, including the “Magnificent Seven” tech giants.

Strengthening US Dollar and Capital Outflows

The US dollar index climbed to 107.35, nearing multi-week highs, as trade war concerns fueled demand for safe-haven assets.A stronger dollar makes foreign investments more expensive, leading to capital outflows from emerging markets like India.

Read More

A Loan Defaulter Mistreats BOI Staff and Attempts to Hostage Them

After being asked to pay his loan payment, a loan account holder stormed into a bank branch, misbehaved, and attempted to take the employees hostage. 

The event happened inside the Bank of India in Varanasi's Badi Bazar, and Shiv Pratap Singh Chandel, the accused, has been charged at the Chetganj police station. Branch manager Jitendra Kumar Dubey claims that Shiv Pratap Singh Chandel was contacted by bank employees to inform him of his overdue loan payment. 

Rather than reacting appropriately, he made a phone threat to murder the bank employees. Shiv Pratap Singh Chandel forcibly entered the bank's branch on February 15 at night when audit work was underway. Important bank paperwork were tampered with by him as he attempted to hold the staff and officers hostage. He also misbehaved with the bank employees and threatened them.

He misbehaved with female staff as well and issued death threats. The Chetganj police station in-charge confirmed that a case has been registered, and an investigation is underway. Further legal action will be taken based on the findings.

Read More

DA increased for Bank Employees and Pensioners from Feb-2025, Complete Chart

On the basis of CPI data announced by the Govt for the months of Oct'24 to Dec'254 DA payable for the period Feb'25 to Apr'25 is 21.20% as per 12th BPS.

 

Read More

SBI Concurrent Auditor Recruitment 2025 Notification Released for 1194 Posts

State Bank of India(SBI) Bank Concurrent Auditor Recruitment 2025:  1,194 concurrent auditor posts are being filled on a contractual basis by the State Bank of India (SBI). On February 18, 2025, the official announcement for the SBI Concurrent Auditor Recruitment 2025 was released. Applications can be submitted online between February 18, 2025, and March 15, 2025.

Important Dates

• Apply Online Start Date : 18 February 2025
• Last Date to Apply : 15 March 2025
• Interview Date: To be released

Application Fee

• Gen / OBC / EWS : Rs. 0/-
• SC / ST / PH : Rs. 0/-
• Mode of Payment : Not Applicable

SBI Bank Concurrent Auditor Recruitment 2025 Age Limit

• Minimum Age : Na
• Maximum Age : 65 Years
• Age Limit as on 18/02/2025
• The age relaxation will be given as per the rules.

Educational Qualification

Post Name

Qualification

Concurrent Auditor

Retired Bank Person as MMGS-III, SMGS-IV/V & TEGS-V Officer. Please check notification PDF for more details.

SBI Bank Concurrent Auditor Recruitment 2025 Vacancy Details

Post Name

Vacancy

Concurrent Auditor

1194

SBI Bank Concurrent Auditor Recruitment 2025 Selection Process

The SBI Bank Concurrent Auditor Recruitment 2025 selection process includes the following stages:

• Shortlisting
• Interview
• Document Verification
• Medical Examination

How to Apply for SBI Bank Concurrent Auditor Recruitment 2025

To apply for the SBI Concurrent Auditor Recruitment 2025, follow these steps:

• Visit the official SBI careers website.
• Register and complete the online application form.
• Upload the necessary documents, including a photograph, signature, and ID proof.
• Submit the application form before the deadline.

Notification PDF  -    Click Here

Apply Online      -      Click Here

Official Website  -     Click Here

Read More

Attack on Cashier of BOI, Police arrested one accused

Manoj Kumar Singh, a cashier at the Bank of India, was attacked by three unidentified attackers on his way home from work on Saturday in Arwal, in a startling occurrence. 

The victim had stopped to purchase kabab paratha for his kids at a trisection near the Sandi police station when the incident occurred. 

Three young people brandishing sticks reportedly attacked Antwa village resident Manoj Kumar Singh out of the blue. 

He suffered severe injuries in the incident. Singh claimed that he did not know who had attacked him and that he had no personal grudges.

This incident has caused concern and panic among bank employees in the region, raising security concerns for those handling financial transactions. The police are investigating all possible angles and ensuring strict action against the culprits. More details about this incident will be released soon.

Read More

Government will sell stake in three PSU banks, why this situation came?

The central government can sell stake in three big public sector banks. These three banks are UCO Bank, Punjab and Sindh Bank and Indian Overseas Bank. The government has more than 95% stake in these, the rest is with public investors.

Let us tell you that as per the Minimum Public Shareholding (MPS) rules of SEBI, all listed companies should have at least 25% public shareholding. Keeping this in mind, the government has made a plan to sell its stake.

Live Mint news quoted sources as saying that depending on market conditions, the three banks may conduct multiple rounds of qualified institutional placement (QIP) in FY2026 to meet regulatory requirements.

The government has allowed public sector banks to explore equity dilution this year and time their market offerings strategically, a source said. The stake sale is expected to be between 5-10% of the paid-up equity capital this year.

SEBI gave time till August 2026 to public sector banks to comply with the rule. At the same time, Life Insurance Corporation of India (LIC) was given time till 16 May 2027 to reach 10% public shareholding.

By December 31, 2024, seven of the 12 public sector banks—State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Indian Bank, Union Bank of India and Bank of India—had fulfilled SEBI's MPS requirement.

Bank of Maharashtra and Central Bank of India have not yet taken steps to comply with the MPS rule. Let us tell you that the government has 93.08% stake in Central Bank of India, 79.60% in Bank of Maharashtra, 95.39% in UCO Bank, 98.25% in Punjab and Sindh Bank and 96.38% in Indian Overseas Bank.

Read More