INBRIEF

BOI profit stands at Rs.1,051 Cr for Q2FY22

Thursday, 04 November 2021 | PNS | Dehradun

The net profit of Bank of India for Q2FY22 stood at Rs 1,051 crore, up by 99.89 per cent YoY. Return on Assets (RoA) stood at 0.53 per cent while NIM stood at 2.42 per cent. Similarly, NII rose by 12.06 per cent sequentially to reach Rs 3,523 crore.

The gross NPA ratio was at 12 per cent, down by 151 bps sequentially. CASA deposits increased by 12.31 pre cent YoY and CASA rate was 43.11 per cent. Credit Cost stood at 0.26 per cent.

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