Bank of India reports ₹3,587 crore loss in Q4 
State-owned Bank of India has posted a net loss of ₹3,587 crore for the quarter ended March, more than double of its ₹1,505 crore loss in the previous quarter. In comparison, the bank had reported a ₹56 crore loss in the year-ago period. Provisions for bad loans rose 142% year-on-year to ₹5,470 crore while gross NPAs ratio jumped to 13.07%.