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Bank of India Q1 net profit rises 4 per cent.


BANK of India This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  ( BoI) said its net profit rose by 3.91 per cent to Rs 584 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>.

Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million
 for the first quarter ended June 30, 2009, over the year- ago period.

Total income rose to Rs 5,023.61 crore in the latest quarter against Rs 4,114.74 crore in the same period of the previous fiscal, the state- run bank said in a filing to the Bombay Stock Exchange Bombay Stock Exchange (BSE)

See: National Stock Exchange; Mumbai stock exchange.
 ( BSE See Bombay Stock Exchange.

BSE

See Boston Stock Exchange (BSE).
).

The bank's operating profit also rose by 2.05 per cent to Rs 1,094 crore on the back of growth in net interest income as well as other incomes. Noninterest income went up by 14.13 per cent to Rs 646 crore from Rs 566 crore.

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Publication:Mail Today (New Delhi, India)
Article Type:Financial report
Date:Aug 21, 2009
Words:135
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