Bank of India has reported results for first quarter ended June 30, 2016.
The bank has posted a net loss of Rs 741.36 crore for the quarter ended June 30, 2016 as compared to a net profit of Rs 129.72 crore for the same quarter in the previous year. Total income of the bank decreased by 6.15% to Rs 10664.36 crore for the quarter under review from Rs 11659.16 crore for the corresponding quarter of the previous year.
The bank’s gross NPA for the April-June quarter of the current fiscal increased to 13.38%, as compared to 6.80% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 7.78% in Q1FY17.
| Company Name | CMP |
|---|---|
| SBI | 1019.55 |
| PNB | 107.20 |
| Canara Bank | 134.35 |
| Bank Of Baroda | 264.05 |
| Union Bank Of India | 166.15 |
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