BoI Reports 15% Loan Growth in Q3 | Business News
State-owned Bank of India (BoI) reported a 15.3% credit growth in the December quarter, with total advances reaching Rs 6.51 lakh crore. Read more.
New Delhi, Jan 3 (PTI) State-owned Bank of India (BoI) on Friday said it has posted a credit growth of 15.3 per cent 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, BoI said in a regulatory filing.
The lender reported a 12.3 per cent rise in total deposits to Rs 7.94 lakh crore as against Rs 7.07 lakh crore at the end of the third quarter of the previous financial year.
Total business of the bank rose 13.6 per cent to Rs 14.46 lakh crore as compared to Rs 12.72 lakh crore at the end of December 31, 2023.
Total advances were Rs 5.65 lakh crore at the end of December 31, 2023, BoI said in a regulatory filing.
The lender reported a 12.3 per cent rise in total deposits to Rs 7.94 lakh crore as against Rs 7.07 lakh crore at the end of the third quarter of the previous financial year.
Total business of the bank rose 13.6 per cent to Rs 14.46 lakh crore as compared to Rs 12.72 lakh crore at the end of December 31, 2023.
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