 "Bank of India, BOI")
Public sector lender Bank of India (BOI) saw its net loss for the December quarter double to Rs 4,738 crore. This was against a loss of Rs 2,341 crore a year ago and Rs 1,156 crore in previous September quarter.
The gross non performing assets (GNPA) stood at 16.31 per cent as on December 2018, against 16.93 per cent as on December 2017 and 16.36 per cent as on September 2018.
The bank's provisions for non performing assets rose to Rs 9,179 crore during the December quarter against Rs 4373 crore in the year-ago quarter.
The bank said that the bank's profit was
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