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    • See stress in steel, power, textile sectors: Bank of India

      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.

    • See FY11 credit and deposit growth at 21-22%: Bank of India

      Alok Kumar Mishra, the Chairman and Managing Director of Bank of India in an exclusive interview said that he sees the FY11 Credit and Deposit growth at 21-22% and hopes to maintain the bank’s net interest margins at 3% this fiscal.

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