New Delhi, Feb. 21 -- State-owned Bank of India (BOI) on Friday reported a fraud of Rs.226.84 crore by Odisha-based Gupta Power Infrastructure Ltd to the Reserve Bank.

The bank has informed that Non Performing Asset (NPA) of Gupta Power Infrastructure Ltd has been declared as fraud, BoI said in a regulatory filing.

Against the outstanding amount of Rs.226.84 crore, the bank has made provisions of Rs.212.62 crore in case of Gupta Power Infrastructure Ltd, it said.

For the third quarter ended December 2024, BoI posted a 35 per cent jump in net profit to Rs.2,517 crore against Rs.1,870 crore in the year-ago period.

The lenders' total income increased to Rs.19,957 crore during the third quarter of the ongoing fiscal against Rs.16,411 cror...