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Home >> Bhopal

Bhopal Bank of India posts Rs 720 cr net profit

| Tuesday | 3rd August, 2021

BHOPAL (Madhya Pradesh): The net profit of Bank of India stood at Rs 720 crore up by 188% over Q4FY21 with Operating Profit at Rs. The bank's Retail Credit grew by 10.57% Year on Year agriculture credit grew by 11.08% YoY and MSME credit grew by 11.45% YoY said a bank press release. The bankís advances grew by 11.02% YoY and it constitutes 51.36% of Advances and CASA deposits increased by 13.80% YoY. Further Global Deposits increased by 4.73% YoY to Rs. Priority Sector advances increased by 10.58% YoY to Rs.

BHOPAL (Madhya Pradesh): The net profit of Bank of India stood at Rs 720 crore up by 188% over Q4FY21 with Operating Profit at Rs. 2806 Cr up by 34% over Q4FY21. The banks Retail Credit grew by 10.57% Year on Year agriculture credit grew by 11.08% YoY and MSME credit grew by 11.45% YoY said a bank press release. The bankís advances grew by 11.02% YoY and it constitutes 51.36% of Advances and CASA deposits increased by 13.80% YoY. Further Global Deposits increased by 4.73% YoY to Rs. 623385 crore in June 21. Domestic deposits went up by 6.71% YoY to Rs. 552303 crore during the same period Domestic CASA went up by 13.80% YoY to Rs. 235980 crore in June 21 and CASA percentage stood at 43.22%. As on 30.06.2021 Banks total Capital Adequacy Ratio (CRAR) was at 15.07% against 14.93% in†Marí21. CET-1 ratio stood at 11.52% as on Jun 21 against 11.51% in Mar 21. Priority Sector advances increased by 10.58% YoY to Rs. 139020 crore in Jun21 which constitutes 39.65% of ANBC. Advances to Small & Marginal farmers constitutes at 9.35% to ANBC and that†to Weaker sections constitutes 12.10% which are well above the regulatory norm.

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