Financial
Bank of India posted credit growth of 15% in Q3
The lender reported a 12.3 percent rise in total deposits to Rs 7.94 lakh crore against Rs 7.07 lakh crore at the end of the third quarter of the previous financial year.
Bank of India posted credit growth of 15% in Q3
State-owned Bank of India (BoI) on Friday said it had posted a credit growth of 15.3 percent at Rs 6.51 lakh crore for the December quarter. Total advances were Rs 5.65 lakh crore at the end of December 31, 2023, Bank of India said in a regulatory filing.
The lender reported a 12.3 percent rise in total deposits to Rs 7.94 lakh crore against Rs 7.07 lakh crore at the end of the third quarter of the previous financial year. The total business of the bank rose 13.6 percent to Rs 14.46 lakh crore as compared to Rs 12.72 lakh crore at the end of December 31, 2023.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
