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 as against Rs 11,124 crore in the same period a year ago, Bank of India said in a regulatory filing.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LVD6cRA
via IFTTT
Subscribe to:
Post Comments (Atom)
India extends coal import mandate for power to avoid blackouts
India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...
-
In today's dynamic and ever-evolving world, businesses play a pivotal role in driving economic growth, innovation, and societal develop...
-
India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...
-
Pakistan's business community on Saturday observed a shutter-down strike across the country to protest against the inflated electricity ...
No comments:
Post a Comment