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Friday, May 9, 2025

Bank of India Q4 net profit soars 82% to Rs 2,626 crore; eyes 12% loan growth in FY26

Bank of India's net profit soared 82% to Rs 2,626 crore in Q4 2025, fueled by treasury gains and recoveries from written-off accounts. The bank targets 12-13% loan growth and 11-12% deposit growth for fiscal year 2025-26, despite a NIM decrease. The bank is also focusing on cybersecurity and ATM cash availability, in line with regulatory guidelines.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/A21rYmf

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Mercosur hurdle: French objections and farm protests freeze EU trade deal; Brussels faces credibility test

France's opposition and widespread farmer protests are jeopardizing the EU's long-delayed free-trade deal with Mercosur. Angry farme...