Bank of India Q1 profit surges nearly three-fold to Rs 1,551cr

Credit: IndiaTimes- Published on July 28, 2023
State-owned Bank of India (BOI) on Friday reported a nearly three-fold jump in net profit to Rs 1,551 crore in the June quarter due to a decline in bad loans. The Mumbai-based lender had posted a net profit of Rs 561 crore in the year-ago period. The total income in the first quarter of the current fiscal rose to Rs 15,821 crore...

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