NSE: BANKINDIA · 8 October 2026 · Pre-market update
- Bank of India is in focus ahead of the market open following its announcement of an upward revision to its Repo Based Lending Rate (RBLR). The adjustment follows the Reserve Bank of India's recent repo rate hike, raising the bank's effective RBLR to 8.35%. Investors will monitor how this rate adjustment impacts loan pricing and credit demand when the cash market opens.
- Bank of India announced a change in its Repo Based Lending Rate (RBLR) to 5.50% following an upward revision in the repo rate announced by the RBI in its monetary policy. With a constant mark-up of 2.85%, the effective RBLR stands revised to 8.35% with immediate effect from October 7, 2026.
- Trading volume was 1.93 times the 20-day average daily volume.
Bank Of India Company News Before Market Open
Bank of India is in focus ahead of the market open following its announcement of an upward revision to its Repo Based Lending Rate (RBLR). The adjustment follows the Reserve Bank of India's recent repo rate hike, raising the bank's effective RBLR to 8.35%. Investors will monitor how this rate adjustment impacts loan pricing and credit demand when the cash market opens.
The adjustment to the Repo Based Lending Rate reflects broader macroeconomic monetary policy shifts by the RBI. Higher benchmark lending rates influence the cost of floating-rate loans tied to the RBLR. Bank of India closed its prior trading session on October 7, 2026, at ₹133.55, up 1.05%.
98.54 lakh shares traded on 7 October 2026. This compares with a 20-day average daily volume of 50.97 lakh shares (1.93 times). The five-day average daily volume was 56.51 lakh shares.
The adjustment to the Repo Based Lending Rate reflects broader macroeconomic monetary policy shifts by the RBI. Higher benchmark lending rates influence the cost of floating-rate loans tied to the RBLR. Bank of India closed its prior trading session on October 7, 2026, at ₹133.55, up 1.05%.
Latest Company Developments
Bank of India announced a change in its Repo Based Lending Rate (RBLR) to 5.50% following an upward revision in the repo rate announced by the RBI in its monetary policy. With a constant mark-up of 2.85%, the effective RBLR stands revised to 8.35% with immediate effect from October 7, 2026.
Changes in the lending benchmark directly alter borrowing costs for retail and corporate borrowers tied to the RBLR, influencing net interest margins.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 4.13% on 30 June 2026. This compares with 3.41% on 31 March 2026, a change of +0.72 percentage points.
The filing reported 35 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Trading volume and price action around the ₹133.55 previous close following the RBLR announcement.
- Investor sentiment regarding potential impacts on loan growth and net interest margins.
- Immediate technical levels referenced from the prior session range of ₹130.26 to ₹135.19.
Other Dated Coverage
- Bank Of India Share Price Today: Why BANKINDIA Is Rising 1.05% | 7 October 2026 — 7 October 2026
- Why Bank of India Shares Rose 3.10% Today: Volume & Recovery | 5 October 2026 — 5 October 2026
- Bank of India in Focus Today After Credit Rating Filing | 1 October 2026 — 1 October 2026
More Bank Of India news and dated analysis →
Frequently Asked Questions
What is the latest Bank Of India company news?
Bank of India announced a change in its Repo Based Lending Rate (RBLR) to 5.50% following an upward revision in the repo rate announced by the RBI in its monetary policy. With a constant mark-up of 2.85%, the effective RBLR stands revised to 8.35% with immediate effect from October 7, 2026.
How strong was Bank Of India’s trading volume?
98.54 lakh shares traded, 1.93 times the 20-day average daily volume. The price and volume data are dated 7 October 2026.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.