Bank of India Q4 asset quality improves, net profit nearly doubles; declares dividend
State-run Bank of India Ltd on Friday (May 8) reported an 82.5% year-on-year rise in net profit for the fourth quarter at ₹2,626 crore, compared with ₹1,439 crore in the corresponding quarter last year. Net interest income (NII) for the quarter increased 2.1% to ₹6,063 crore from ₹5,936 crore a year earlier. Gross non-performing assets…
