Bank of India

NSE: BANKINDIA | BSE: 532149 | ISIN: INE084A01016 | Industry: Banks
| Strong Performer, Under Radar
114.9800 0.42 (0.37%)
NSE Jul 14, 2025 15:31 PM
Volume: 5.2M
 

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Bank of India
11 Nov 2017
114.98
0.37%
Motilal Oswal
Stronger-than-expected trading gains of INR7.4b (33% of PPoP) led to a 24% beat in other income. c) Loan growth remained muted at 0%/0% QoQ/YoY; however, retail loans grew 16.9% YoY. Slippages declined sharply to INR21.4b (2.4% slippage ratio annualized) from INR40.4b in 1Q, while recoveries and up-gradations were muted at INR10.7b (v/ INR27.4b in the previous quarter), despite 1Q being the seasonally strongest quarter for recoveries. However, high write-offs of INR27.9b led to sequentially lower absolute GNPLs/NNPLs. OSRL book was almost flat at...
Bank of India has an average target of 134.50 from 2 brokers.
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