Bank of India is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected go up significantly by 58.2% in Q3 to Rs 641.6 crore as against Rs 405.5 crore in same quarter of previous year.
Net interest income is seen going up by 22.4% to Rs 1,829.7 crore from Rs 1,494.8 crore.
Results Expectations
*Margins expected to remain stable
*Keep a watch on slippages on restructured portfolio
*NIM: 2.5
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.