Bank of India has reported results for third quarter ended December 31, 2019.
The Bank has reported a net profit of Rs 105.52 crore for the quarter under review as against net loss of Rs 4737.56 crore for the same quarter in the previous year. Total income of the bank increased by 13.98% at Rs 13338.09 crore for Q3FY20 as compared Rs 11701.84 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a net profit of Rs 138.20 crore for the quarter under review as against net loss of Rs 4648.71 crore for the same quarter in the previous year. Total income of the bank increased by 14.33% at Rs 13480.53 crore for Q3FY20 as compared Rs 11791.16 crore for the corresponding quarter previous year.
