BOI Q3 net profit up 62% to Rs 1,870 cr

On Asset quality front, Gross NPA ratio improved by 231 bps from 7.66% in Dec’22 to 5.35% in Dec’23. Provision Coverage Ratio (PCR) stood at 89.95% in Dec’23 against 90.27% in Dec’22.

Global Business of the Bank increased by 9.60% YoY. Global Deposits increased by 8.28% YoY. Global Advances increased by 11.29% YoY.