Business

Bank of India net profit surges almost 100%

Bank of India reported its second quarter net profit surged almost 100% year-on-year to ₹1,051 crore as against ₹526 crore in the year earlier period.

Net interest income (NII) stood at ₹3,523 crore for Q2 FY22. Global business increased from ₹10,15,400 crore in September 2020 to ₹10,31,856 crore in September 2021.

Global deposits increased from ₹6,07,529 crore in September 2020 to ₹6,12,961 crore in September 2021.

Global advances increased from ₹4,07,871 crore to ₹4,18,895 crore year-on-year.


Our code of editorial values

  1. Comments will be moderated by The Hindu editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.

Printable version | Nov 2, 2021 11:14:25 PM | https://www.thehindu.com/business/bank-of-india-net-profit-surges-almost-100/article37312797.ece

Next Story