 "Corporate earnings, profit, earnings, company earnings")
Bank of India’s net profit zoomed 99.89 per cent year-on-year (YoY) to Rs 1,051 crore for the second quarter of Q2FY22 on improvement in non-interest income and fall in the provisions for bad loans.
The public sector bank had posted a net profit of Rs 526 crore in the year-ago quarter. Sequentially, net profit was 45.97 per cent from Rs 720 crore a year ago.
However, its net interest income (NII), the interest earnings minus expense, fell 14.32 per cent in the reporting quarter to Rs 3,523 crore in Q2FY22.
In a post results media call, Managing Director and Chief Executive A K
