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Domestic advances was at Rs 5,07,962 crore as on 30 June 2024, up 17.25% from Rs 4,33,246 crore as on 30 June 2023.
Global business grew by 11.94% year on year to RS 13,59,890 crore on 30 June 2024.
Global gross advances stood at Rs 6,00,054 crore (up 15.78% YoY) and global deposits came in at Rs 7,59,836 crore (up 9.09%) during the period under review.
Bank of India is a public sector bank. The Government of India held 73.38% stake in the bank as on 31 March 2024.
The state-run bank’s net profit increased 6.55% to Rs 1,438.91 crore on 8.24% rise in total income to Rs 17,913.03 crore in Q4 FY24 over Q4 FY23.
The scrip rose 0.04% to currently trade at Rs 120.50 on the BSE.
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