State-run Bank of India reported better than expectations third quarter numbers. Its net interest income (NII) jumped 4% y-o-y to Rs 2,067 crore and profit rose nearly 10% year-on-year to Rs 716 crore on the back of lower provisioning due to improved asset quality.
In an interview to CNBC-TV18, Alok Kumar Mishra, chairman and managing director, Bank of India said, the bankDiscover 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!
