India, Apr 01 : Bank of India shares gained on 1 April 2026 after the bank announced its decision to maintain both the marginal cost of funds based lending rate (MCLR) and the repo linked lending rate unchanged. Investors welcomed the move, viewing the rate stability as supportive of credit demand and overall banking sector performance. The stock climbed more than 3 percent in early trades, outperforming several peers in the financial services space. Market participants noted that steady rates could help sustain lending activity as the economy enters the new fiscal year. The broader banking index also showed resilience amid mixed market trends, highlighting investor preference for select quality lenders.