BoB Q2 net rockets 89%

BS 200 Scorecard

 The net profit for the first half rose by 57.48 per cent to Rs 504.03 crore from Rs 320.06 crore in the previous fiscal.

 The interest income of the bank declined to Rs 1,528.19 crore (Rs 1,547.72 crore) in the second quarter while the other income rose 44.66 per cent to Rs 521.12 crore. Interest expenses reduced by 14.52 per cent to Rs 899.29 crore (Rs 1,052.05 crore).

 The net interest margin of the bank improved to 3.12 per cent (2.62 per cent) in the quarter. The gross non-performing assets of the bank was at Rs 4,108 crore (Rs 4,484 crore) while net NPA of the bank was at 3.37 per cent (Rs 1,086 crore).