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BRIEF-Bank of India ‍NIM improves to 2.15 pct in September
November 10, 2017 / 9:53 AM / a month ago

BRIEF-Bank of India ‍NIM improves to 2.15 pct in September

Nov 10 (Reuters) - Bank Of India Ltd

* Says ‍NIM improved from 1.99 percent in June 2017 to 2.15 percent in September, 2017​ Source text: [Bank of India announced its audited results for the Q2 FY 2017-18, following approval by its Board of Directors on November 10, 2017. Highlights of Financial Results: ** Q-2 Net Profits rose by 40.94% Y-o-Y. ** Sequentially, Net Profits shot up by 104.08% ** NIM improved from 1.99% in June 2017 to 2.15% in September,2017 ** Gross NPA Ratio, which has declined for consecutive for four quarters. ** Provision Coverage Ratio improves to 65.23% from 55.23% in September,2016] Further company coverage:

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