Shares of Bank of India were trading in the green and 3% higher on 11 January after the company announced its quarterly report for October-December.

The lender reported a 9.9% year-on-year increase in its total global business to Rs 12,76,389 crore during the quarter under review. The bank’s total global deposits stood at Rs 7,10,307 crore, marking an 8.66% YoY increase, and its total domestic deposits marked a 7.62% YoY increase to Rs 5,99,137 crore.

The bank reported an 11.5% YoY jump in its gross global advances to Rs Rs 5,66,081 crore, whereas its domestic advances stood at Rs 4,76,125 crore, marking an 11.60% YoY increase from the year-ago period.

Earlier last week, the bank introduced a new ‘Super Special Fixed Deposit’ to celebrate the New Year, which had a maturity period of 175 days with an interest rate of 7.5% per annum for the period.

The bank said, “The special fixed deposit is for domestic rupee term deposit only. It is introduced as a limited period offer.”

At 11:47 am, the shares of Bank of India were trading 2.37% higher at Rs 121 on NSE.