7091In view of reduced inflation and expenses, will it be right to invest in IT stocks?
Total Operating Income decline 5.49% to Rs 10299.45 crore
At the Leh branch, the bank conducted a customer outreach programme, wherein it distributed loan sanction letters to various beneficiaries. This was done as a part of the bank's mission to reach maximum number of customers in India.
Net profit of Bank of India rose 341.66% to Rs 610.37 crore in the quarter ended December 2020 as against Rs 138.20 crore during the previous quarter ended December 2019. Total Operating Income declined 5.49% to Rs 10299.45 crore in the quarter ended December 2020 as against Rs 10898.19 crore during the previous quarter ended December 2019.
| Particulars | Quarter Ended | ||
| Dec. 2020 | Dec. 2019 | % Var. | |
| Total Operating Income | 10299.45 | 10898.19 | -5 |
| OPM % | 51.58 | 39.84 | – |
| PBDT | 860.09 | 130.30 | 560 |
| PBT | 860.09 | 130.30 | 560 |
| NP | 610.37 | 138.20 | 342 |
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Published: February 10, 2021, 13:36 IST