BoI Net plunges 84% as NPA provisions soar over 2-fold
State-run Bank of India on Tuesday reported a massive 84 percent plunge in its April-June quarter net profit at Rs 130 crore, dragged by an increase in provisioning and higher non-performing assets.
Jul 28, 2015, 20:00 PM ISTBank of India says "worst is over" after bad debts jump
Bank of India reported its first quarterly loss in more than two decades on Thursday, weighed down by a larger than expected increase in bad debts, sending its shares down more than 8 percent.
May 28, 2015, 17:54 PM IST