Saturday, July 31, 2010

Milestone of India - PSU Bank of India net profit Zooms.

MUMBAI: Public sector lender Bank of India today reported a 24 per cent growth in net profit at Rs 725.13 crore for the first quarter ended June 30.
Total income of the bank rose to Rs 5407.62 crore in the April-June quarter, from Rs 5,023 crore in the corresponding period a year ago, BoI said in a filing to the Bombay Stock Exchange.
The bank's interest income rose over 10 per cent to Rs 4,821.72 crore, while the interest expenditure went up marginally to Rs 3,081.26 crore.

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