City girl wins Service Design Award 2024
Nimisha Priya, daughter of Chndra Prabha former Standing Counsel of Government of Jharkhand and former Chief Secretary of the State Sudhir Prasad has won the Service Design Award (SDA) 2024 and was declared the winner in the Student Category Projects for the project ‘What can I do’. The project is an innovative hybrid product aimed at eliminating the misconception surrounding clothing donation, traditionally viewed as an altruistic act. SDA is a prestigious international recognition for outstanding service design projects and honours work that sets a new standard for excellence in the field of service design. Priya holds a Masters in Arts in Strategic Design from SRH Berlin School of Design and Communication and a Masters of Fine Arts in Apparel and Textiles from Academy of Arts University, San Francisco. Priya completed her Bachelor of Design in Fashioning Design from NIFT Kolkata and her class 10 from Loreto Convent Ranchi and class 12 from DPS Ranchi.
BoI Q2FY25 Net Profit rise by 62.76% YoY to Rs 2,374 Cr
Bank of India announced its results for Q2FY25 with Net Profit for the quarter improved by 63% YoY at Rs.2,374 Cr for Q2FY25 against Rs.1,458 Cr in Q2FY24. On Asset quality front, Net NPA declined by 29% YoY from Rs.7,978 Cr in Sep 23 to Rs.5,549 Cr in Sep 24. Provision Coverage Ratio (PCR) stood at 92.22% in Sep 24, Global Business increased by 12.05% YoY from Rs.12,46,879 Cr in Sep 23 to Rs. 13,97,100 Cr in Sep 24. Bank's total Capital Adequacy Ratio (CRAR) improved by 100 bps and stood at 16.63% as on 30.09.24 against 15.63% as on 30.09.23. RAM Advanices increased by 19.74% YoY to Rs.3,00,412 Cr, constituting to 57.70% of Advances in Sep 24. Retail Credit grew by 21.61% YoY to Rs 1,21,517 Cr in Sep 24, Agriculture Credit grew by 21.46% YoY to Rs.93,798 Cr in Sep 24, MSME Credit grew by 15.42% ΤΟΥ το Rs.85,097 Or in Sep 24, Domestic CASA went up by 7.26% YoY from Rs.2,56,956 Cr in Sep 23 to Rs 2,75,618 Cr in Sep 24 and CASA ratio stood at 41.18%. Bank has opened 5:77 Lakh new PMIDY accounts during QZ-FY 25 and 9.55 lakh new accounts during H1-FY25 Digital Transactions share in total transactions improved to 95% in Sep 24 from 92% in Sep 23. As on 30th Sep 24, the Bank has 5191 number of Domestic branches.
