Bank of India has announced the audited consolidated results for the Year ended March 31, 2011.
The Group has posted an increase of 42% in its net profit of Rs 2542.42 crore for the year ended March 31, 2011 as compared to Rs 1787.16 crore for the year ended March 31, 2010. Its total income has increased from Rs 20596.91 crore for the year ended March 31, 2010 to Rs 24500.25 crore for the year ended March 31, 2011.
Meanwhile, the board of directors of the bank at its meeting held on May 25, 2011, has approved the proposal to raise capital by issue upto 18,00,00,000 fresh equity shares for of Rs 10 each at an appropriate premium through right issue / follow on public issue / qualified institutional placement / depository receipts or by any other mode as permitted and at a appropriate time, subject to obtaining all necessary approvals.
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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