BoI net profit doubles in 3rd quarter (Business Standard 23th Jan 2008) The improvement in interest margins, sale of equity, recoveries and commissions helped Bank of India (BoI)to post a 101 per cent growth in is net profit for the third quarter ended December 2007 at Rs 512 crore as against Rs 255 crore in same period last year. Total income in the quarter grew to Rs 3,705.2 crore from Rs 2,641 crore a year ago. Net interest income rose by 26 per cent from Rs 859 crore to Rs 1,079 crore during the period. Net interest margins moved up from 2.97 per cent to 3.14 per cent. More Vijaya Bank net jumps to Rs 127 cr (Business Standard 23th Jan 2008) Bangalore-based public sector Vijaya Bank today reported a 36.82 per cent rise in net profit to Rs 126.88 crore during the third quarter ended December 31, 2007, on a y-o-y basis. The additional profit of Rs 34.1 crore was partially enabled by a writeback of Rs 22.5 crore on account of provisions and contingencies. Treasury operations yielded...
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