Public sector bank Bank of India has announced its second quarter results of FY11. It has reported net profit at Rs 617 crore as against Rs 323.3 crore, a growth of 90.84% (YoY).
Net interest income (NII) jumped 26.06% at Rs 1,776.1 crore from Rs 1,408.9 crore.
Net non-performing assets stood at 1.14% and capital adequacy ratio at 13.04%.
Source: www.moneycontrol.com
Thanks,
Gaurav agarwal
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