![BoI’s Q3 net increased by 12% to Rs.1,151 billion on higher net interest income.](https://market-tracker.in/wp-content/uploads/2023/01/Bank-of-India-Logo-1.png)
BoI’s Q3 net increased by 12% to Rs.1,151 billion on higher net interest income.
On the strength of strong rise in net interest income, Bank of India (BoI) announced a 12% increase in third quarter net profit at 1,151 crore. The net profit was achieved despite a significant rise in provisions, including those for standard assets, poor and questionable assets, and other assets, as well as a reduction in…