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    HomeNewsBusinessBank of India Q3 net profit jumps 62% to Rs 1,870 crore

    Bank of India Q3 net profit jumps 62% to Rs 1,870 crore

    The bank's gross non-performing asset (NPA) stood at 5.35 percent, down from 7.66 percent in the year-ago period.

    Moneycontrol News
    February 03, 2024 / 10:28 IST
    Bank of India's net NPA stood at 1.41 percent, improving from 1.61 percent

    Public sector lender Bank of India (BOI) on February 2 reported a net profit of Rs Rs 1,869.5 crore for the December quarter of the financial year 2023-24, up 62.4 percent from the year-ago period from Rs 1,151 crore.

    The bank's gross non-performing asset (NPA) stood at 5.35 percent, down from 7.66 percent in the year-ago period. On the other hand, net NPA stood at 1.41 percent, improving from 1.61 percent.

    Moneycontrol News
    first published: Feb 2, 2024 07:12 pm

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