Mumbai: Bank of India announced its audited results for the Q2 FY 2017-18, following approval by its Board of Directors on November 10, 2017.
Highlights of Financial Results:
v Q-2 Net Profits rose by 40.94% Y-o-Y.
v Sequentially, Net Profits shot up by 104.08%
v NIM improved from 1.99% in June 2017 to 2.15% in September,2017
v Gross NPA Ratio, which has declined for consecutive for four quarters.
v Provision Coverage Ratio improves to 65.23% from 55.23% in September,2016
PROFIT – Q2 FY2017-18:
PROFIT – H1 FY2017-18:
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