Bank of India, a state-run lender, announced its June quarter results today, July 29, post-market hours, reporting a net profit of ₹2,252 crore, a 32% increase compared to ₹1,703 crore in the year-ago quarter. The growth was largely driven by a sharp rise in non-interest income, which surged 66.4% to ₹2,166 crore.
