Bank of India

NSE: BANKINDIA | BSE: 532149 | ISIN: INE084A01016 | Industry: Banks
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NSE Dec 07, 2022 15:22 PM
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Result Updates Alert
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Bank of India announced Q2FY23 results:

  • Net Profit for Q2FY23 improved to Rs.960 crore. up by 71% sequentially.
  • Operating Profit improved to Rs.3,374 crore. up by 26% YoY and by 55% sequentially.
  • Return on Assets (RoA) stood at 0.47%, improved by 18 bps sequentially.
  • NIM stood at 3.04%, improved by 49 bps sequentially.
  • NII stood at Rs.5,083 crore up by 44% YoY and 25% sequentially.
  • The yield on Advances at 7.21%, increased by 63 bps sequentially.
  • The Gross NPA ratio is at 8.51%, down by 349 bps YoY.
  • Net NPA ratio at 1.92% down by 87 bps YoY.
  • Provision Coverage Ratio (PCR) at 88.96%.
  • CRAR stood at 15.51% with Tier-I at 13.38% & CET-1 at 12.97%.
  • RAM Advances grew by 15.57% YoY and it constitutes 54.25% of Gross Advances.
  • CASA deposits increased by 4.05% YoY and CASA% at 44.12%.
  • Credit Cost stood at 0.60%, declining by 61 bps sequentially.
  • The slippage ratio stood at 0.30% and declined by 39 bps sequentially.

Result PDF

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