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Bol profit up 7.6%; provisions fall, asset quality improves
Financial Express Mumbai
|October 18, 2025
BANK OFINDIA (BoI) on Friday reported a 7.6% rise in its net profit to ₹2,554 crore for the September quarter, aided by a sharp fall in provisions and an improvement in the asset quality.
Provisions for the quarter fell nearly 58% to ₹441 crore.
The net interest income declined 1% on year to ₹5,912 crore. The net interest margin moderated to 2.41% from 2.55% a quarter ago. "There is still some deposit repricing left. We expect the NIM to improve from Q4 onwards," Rajeesh Karnatak, managing director and CEO, said in the post-earnings call.
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Financial Express Mumbai
Real money out, social gaming in this Diwali
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2 mins
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1 min
October 18, 2025
Financial Express Mumbai
Office leasing in top 7 cities rises 28% during Jan-Sept: JLL
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1 min
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Financial Express Mumbai
Trump says 100% tariffs on China not sustainable
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1 min
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Financial Express Mumbai
Belgian court clears Choksi's extradition
A COURT IN Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know said.
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Financial Express Mumbai
Take a loan against your FD to clear your credit card dues
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Advance pricing pacts hit new high of 174 in FY25
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1 mins
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