Bank of India reports 10% rise in global deposits during Q2FY25

Ace News

7th Oct 2024

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.