Bank of India's net profit up 76 percent

Fri, May 16 03:15 PM

Mumbai, May 16 (IANS) Bank of India Friday announced a consolidated net profit of Rs.19.59 billion ($489.96 million) during the fiscal year 2008 compared to Rs.11.08 billion ($277 million) for the year ended March 31, 2007.

The total income increased to Rs.145.28 billion ($3.63 billion) for the year ended March 31, 2008, from Rs.105.07 billion ($2.62 billion) in the year-ago period.

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