Bank of India gains on reporting 10% rise in global deposits during Q2FY25
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Bank Of India is currently trading at Rs. 105.95, up by 0.45 points or 0.43% from its previous closing of Rs. 105.50 on the BSE.
The scrip opened at Rs. 105.50 and has touched a high and low of Rs. 107.15 and Rs. 101.25 respectively. So far 337449 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.00 on 30-Apr-2024 and a 52 week low of Rs. 86.40 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 109.85 and Rs. 101.25 respectively. The current market cap of the company is Rs. 48576.97 crore.
The promoters holding in the company stood at 73.38%, while Institutions and Non-Institutions held 19.07% and 7.55% respectively.
Bank of India has reported 10.15% rise in global deposits to Rs 7,75,174 crore (Provisional) as of September 30, 2024 (Q2FY25) as compared to Rs 7,03,751 crore as of September 30, 2023 and on quarter-on-quarter (QoQ) basis stood at Rs 7,37,920 crore as of March 2024. Its global gross advances were up by 14.41% to Rs 6,21,381 crore (Provisional) in Q2FY25 as against Rs 5,43,128 crore as of September 30, 2023.
Domestic deposits and Domestic advances stood at Rs 6,72,731 crore and Rs 5,20,256 crore (Provisional) respectively as of September 30, 2024.
Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.
