Bank of India posts Rs 252 crore profit in Q4
The asset quality of the bank improved slightly with the gross non-performing assets (NPAs) coming down to 15.84 per cent of gross advances at March-end 2019 against 16.58 per cent as of March 31, 2018. At the same time, net NPAs came down to 5.61 per cent from 8.26 per cent.
Bank of India Thursday reported a profit of Rs 251.79 crore for the fourth quarter ended March 2019 owing to reduction of bad loans, Photo: PTI