Bank of India, public sector lender, has reported results for the quarter ended June 30, 2011
The Bank’s net profit for the quarter ended June 30, 2011 has dropped by 28.63% at Rs 517.53 crore as compared to Rs 725.13 crore for the quarter ended June 30, 2010. Its total income however has registered growth of 34.88% at Rs 7293.68 crore for the quarter from Rs 5407.62 crore for Q1FY11.
The bank’s net non- performing assets have increased by 30.49% at Rs 268.97 crore for the quarter as compared to Rs 206.12 crore for the corresponding quarter of the previous year. Meanwhile, the bank’s return on Assets has reduced to 0.59% for the Q1FY12 as compared to Rs 1.05% in Q1FY11.
Company Name | CMP |
---|---|
SBI | 830.10 |
Bank Of Baroda | 265.15 |
PNB | 129.40 |
Canara Bank | 118.00 |
Union Bank Of India | 160.20 |
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