Bank of India has reported results for second quarter ended September 30, 2019.
The Bank has reported a net profit of Rs 266.37 crore for the quarter under review against net loss of Rs 1156.25 crore for the same quarter in the previous year. Total income of the bank increased by 10.97% at Rs 11985.50 crore for Q2FY20 as compared Rs 10800.24 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a net profit of Rs 257.31 crore for the quarter under review against net loss of Rs 1149.65 crore for the same quarter in the previous year. Total income of the bank increased by 10.72% at Rs 12062.55 crore for Q2FY20 as compared Rs 10895.05 crore for the corresponding quarter previous year.