Moneycontrol PRO
HomeNewsBusinessEarningsBank of India net loss seen at Rs 185cr, NII likely at Rs 2950cr

Bank of India net loss seen at Rs 185cr, NII likely at Rs 2950cr

Slippages below Rs 6000 crore will be positive

August 11, 2016 / 16:43 IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Bank of India may post net loss at Rs 185.2 crore in April-June quarter from profit of Rs 130 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, net interest income is seen at Rs 2950.1 crore up 1.3 percent against Rs 2913 crore in year-ago period.

Key things to watch:

#Slippages below Rs 6000 crore will be positive #Gross non-performing assets below 13.5 percent will be positive #Slippage from restructured book will be seen closely #Restructured book is seen at Rs 12872 crore

first published: Aug 11, 2016 04:43 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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347