Bank of India has released its provisional performance data for the period ending 31st December 2024. The figures demonstrate robust growth across key financial metrics.
Key Highlights:
- Global Business:
- As of December 31, 2024, the total business of the Bank reached ₹14,46,359 crore, marking a Year-on-Year growth of 13.63% compared to ₹12,72,887 crore in the previous year (December 31, 2023).
- Global Deposits:
- Global deposits stood at ₹7,94,787 crore as of December 31, 2024, reflecting a growth of 12.29% from ₹7,07,827 crore on December 31, 2023.
- Global Gross Advances:
- Gross advances for the Bank totaled ₹6,51,572 crore by December 31, 2024, showing a significant growth of 15.31% compared to ₹5,65,060 crore in December 2023.
- Domestic Deposits:
- Domestic deposits grew to ₹6,78,626 crore, a Year-on-Year increase of 13.27% from ₹5,99,137 crore as of December 31, 2023.
- Domestic Advances:
- Domestic advances rose to ₹5,46,150 crore, reflecting a growth of 14.98% from ₹4,75,012 crore in December 2023.
TOPICS:
Bank of India