HomeNewsBusinessCompaniesJump in provisioning pulled down profits: Bank of India
Trending Topics
Sensex Live
Fujiyama Power Systems IPO
Excelsoft Technologies IPO
Sudeep Pharma IPO
Gold Price

Jump in provisioning pulled down profits: Bank of India

Bank of India has posted a net profit of Rs 491 crore, far below street expectations. A CNBC-TV18 poll had pegged the figure at Rs 603 crore. “This is on account of a jump in provisioning against NPs for the quarter,” says Alok Kumar, chairman and nmanaging director, Bank of India.

November 08, 2011 / 20:01 IST
Story continues below Advertisement
Remove Ad

Your browser doesn't support HTML5 video.

Bank of India has posted a net profit of Rs 491 crore, far below street expectations. A CNBC-TV18 poll had pegged the figure at Rs 603 crore.

TAGS: # #Bank Of India #BoI results #Business #NPA #Q2 results #SEBs
first published: Nov 8, 2011 05:32 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On: Facebook twitter instagram linkedin telegram youtube
News
Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New
Features
Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube
Tools
SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4
Specials
PowerYourTrade Master Your Money Game Changers
Network 18 Sites
News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18
Personal Finance
Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator
Quick Links
About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New
Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.