Bank of India Q2 profit rises 7.6%, asset quality improves
BoI posts 7.6% Q2 profit rise, with improvement in NPA metrics drawing investor support.
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2 days agoBank of India Q2 profit rises 7.6%, asset quality improves
State-owned **Bank of India (BoI)** posted a 7.6% year-on-year increase in net profit in Q2 to ₹2,554 crore, up from ₹2,374 crore in the prior year. Total income rose ~3.8% to ~₹20,626 crore. The gross non-performing assets (NPAs) ratio improved to 2.54% from 4.41% in the year-ago period. The result was welcomed by the financials space late in trade, with lenders gaining across the board. Analysts see better provisioning coverage and credit growth as key next steps.
positive
2 days agoBank of India Q2 profit rises 7.6%, asset quality improves
State-owned **Bank of India (BoI)** posted a 7.6% year-on-year increase in net profit in Q2 to ₹2,554 crore, up from ₹2,374 crore in the prior year. Total income rose ~3.8% to ~₹20,626 crore. The gross non-performing assets (NPAs) ratio improved to 2.54% from 4.41% in the year-ago period. The result was welcomed by the financials space late in trade, with lenders gaining across the board. Analysts see better provisioning coverage and credit growth as key next steps.
positive
Bank of India Q2 profit rises 7.6%, asset quality improves
2 days ago
1 min read
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BoI posts 7.6% Q2 profit rise, with improvement in NPA metrics drawing investor support.
State-owned **Bank of India (BoI)** posted a 7.6% year-on-year increase in net profit in Q2 to ₹2,554 crore, up from ₹2,374 crore in the prior year. Total income rose ~3.8% to ~₹20,626 crore. The gross non-performing assets (NPAs) ratio improved to 2.54% from 4.41% in the year-ago period. The result was welcomed by the financials space late in trade, with lenders gaining across the board. Analysts see better provisioning coverage and credit growth as key next steps.
State-owned **Bank of India (BoI)** posted a 7.6% year-on-year increase in net profit in Q2 to ₹2,554 crore, up from ₹2,374 crore in the prior year. Total income rose ~3.8% to ~₹20,626 crore. The gross non-performing assets (NPAs) ratio improved to 2.54% from 4.41% in the year-ago period. The result was welcomed by the financials space late in trade, with lenders gaining across the board. Analysts see better provisioning coverage and credit growth as key next steps.
Companies:
Bank of India
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india
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Source:
Oct 17, 2025 • 12:31 IST