Bank of India 1Q12 – Net interest income came in at INR 2044 cr vs INR 1841 cr. Profits came in at INR 887.4 cr vs INR 517.5 cr y/y.
Gross NPA at 2.56 percent vs 2.34 percent q/q. Net NPA at 1.69 percent vs 1.47 percent q/q. (Bad for banks in such trying times.)
Share price down 1.59 percent on higher NPA’s at INR 302.90 on the BSE