Total income increased to Rs 34,676 crore from Rs 31,416 crore in the same period a year ago, BoB said in a regulatory filing. Interest income also rose to Rs 30,908 crore during the quarter under review compared to Rs 28,605 crore in the year-ago period.
Operating profit grew to Rs 7,664 crore from Rs 7,015 crore in the third quarter of previous fiscal.
On the asset quality front, the bank’s gross non-performing assets ratio moderated to 2.43 per cent against 3.08 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 0.59 per cent from 0.7 per cent at the end of the third quarter last fiscal.
However, the overall provisions, excluding tax, increased to Rs 1,082 crore during the quarter from Rs 666 crore a year ago. Capital Adequacy Ratio declined to 14.72 per cent from 15.96 per cent at the end of the third quarter of the previous financial year.
-
IFFJK marks new chapter in region's storied romance with silver screen: Omar Abdullah
-
Bundesliga Team of the Week – Matchday 2
-
Kalyan Students Bring Krishna’s Stories Alive Through Kathak Recital At Atre Rang Mandir
-
Mumbai University Accused Of Stopping Food Supply To 85 Stray Dogs On Kalina Campus, MNVS Seeks Probe
-
61,592 Maharashtra Students Seek Junior College Transfers Before Class 12 As Online Process Gains Momentum
