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Last Updated : Aug 07, 2017 05:16 PM IST | Source: CNBC-TV18

Bank of India may post Q1 loss at Rs 75 cr, slippages key

Analysts say if slippages fall (from Rs 6,915 crore in Q4FY17), net interest margin comes above 2.2 percent and gross non-performing assets decline (from 13.22 percent in Q4FY17) then that will be positive.

 
 
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Public sector lender Bank of India is expected to narrow its losses to Rs 75.5 crore in the quarter ended June 2017, from Rs 741.4 crore in same quarter last year.

Net interest income, the difference between interest earned and interest expended, may grow 10.9 percent to Rs 3,077.5 crore from Rs 2775 crore on year-on-year basis, according to average of estimates of analysts polled by CNBC-TV18.

Analysts say if slippages fall (from Rs 6,915 crore in Q4FY17), net interest margin comes above 2.2 percent and gross non-performing assets decline (from 13.22 percent in Q4FY17) then that will be positive.

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First Published on Aug 7, 2017 05:16 pm
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