Bank of India net zooms by 70.38% in Q3

Public sector banking major, Bank of India, has declared its unaudited results for the quarter ended December 2008.

The net profit of the bank zoomed by 70.38%, to Rs 872.17 crore for the quarter ended December 31, 2008, against Rs 511.89 crore in the corresponding period a year ago.

Total income advanced to Rs 5,393.74 crore during the period under review as compared to Rs 3,705.21 crore in the previous year period.