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Bank of India Standalone Q1 net moves up by 3.5 times to Rs 843.60 cr

Bank of India Standalone Q1 net moves up by 3.5 times to Rs 843.60 cr

Aug 03, 2020, at 10:35 pm

Mumbai/UNI: Public Sector Lender Bank of India has reported a jump of 3.5 times in its standalone net profit for the quarter ended June 30, 2020 at Rs 843.60 crore for the period ended June 30, 2020 as against net profit of Rs 242.62 crore for the quarter ended June 30, 2019,due to lower loan provisions and rise in other income.