Bank of India Q1 Results: Profit surges nearly three-fold to Rs 1,551 cr

Bank of India (BOI) has reported a surge in net profit to INR 1,551 crore ($208m) in Q1 2023, a three-fold increase YoY, due to a decrease in bad loans. BOI's total income rose to INR 15,821 crore from INR 11,124 crore in Q1 2022.

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