Bank of India
Bank of India Q3 consolidated net moves up by 63.19 pc
Mumbai/UNI: Public sector, Bank of India has reported a rise of 63.19 pc in its Consolidated net profit for the quarter ended December 31, 2021 at Rs 996.04 crore as against net profit of Rs 610.37 crores for the quarter ended December 31, 2020.
However, Total income for quarter under review decline by 7.64 pc to Rs 11270.60 crores as compared with Rs 12202.41 crores for the quarter ended December 31, 2020.
Gross NPA was at Rs 45759.76 cr in Q3 FY2022 against Rs 54997.03 cr in Q3 FY2021. Net NPA was at Rs 10708.02 cr in Q3 FY2022 against Rs 9077.3245 cr in Q3 FY2021.
GNPA was at 10.46 pc of Gross advances as on December 31, 2021 as compared to 13.25 pc as on December 31, 2020 Net NPA was at 2.66 pc of Gross advances as on December 31, 2021 as compared to 2.46 pc as on December 31, 2020.
Return on Average Assets (RoA) is at 0.51 pc for Q3 FY2022 against 0.28 pc in Q3 FY2021. In Q3 FY2022, Bank's total Capital Adequacy Ratio (CAR) was at 17.22 pc, as compared to 13.15 pc in Q3 FY2021.
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