Bank of India Q1FY26 reports stellar business performance signalling strong growth momentum.
Bank of India’s Q1 FY26 profit rose 32% YoY to ₹2,252 crore on strong credit growth, but soft NII and weaker asset quality metrics remain key concerns
MUMBAI, 29 th July 2025 ( TGN ) : Bank of India on Monday reported a 32.2% year-on-year (YoY) rise in consolidated net profit for the quarter ended June 2025 at ₹2,252 crore, up from ₹1,703 crore in the same quarter last year. The growth was led by an expansion in advances across retail, MSME and overseas segments.Global advances grew 12.02% YoY, with domestic loans up 11.24%. Overseas advances rose 16.34%, while retail and MSME loans expanded by 20% and 17%, respectively. Agriculture credit also showed healthy growth of 12%.Deposits rose 9.07% YoY, with domestic deposits up 9.62%. CASA deposits increased 2.5%, with the CASA ratio at 39.88%.
Shri Rajneesh Karnatak, Managing Director & CEO, Bank of India, Shri P R Rajagopal – Executive Director,
Shri Subrat Kumar – Executive Director,
Shri Rajiv Mishra – Executive Director and top representatives from management of the Bank addressed the media.
IN NUTSHELL: –
Balance Sheet:
Bank’s Global Advances grew by 12.02% with Domestic Advances grew by 11.24% YoY. Bank’s Global Business crossed₹ 15 Lakh crores.
Overseas Advances grew by 16.34% YoY.
Retail Advances grew by 20% YoY, MSME Advances grew by 17% YoY followed by Agriculture Advances which grew by 12% YoY.
Bank’s Deposits grew by 9.07% YoY with Domestic Deposits grew by 9.62% YoY. CASA Deposits grew by 2.50% YoY and CASA ratio stands at 39.88% as on 30th June, 2025.
Profitability:
Operating Profit for Q1FY26 grew by 9% YoY to Rs.4,009 crores.
Net Profit for Q1FY26 increased by 32% YoY at ₹2,252 crores.
Bank’s ROA and ROE for Q1FY26 stand at 0.82% and 13.51% respectively.
Global and Domestic Net Interest Margin (NIM) for Q1FY26 stood at 2.55% and 2.82% respectively.
Yield on Advances (Global) for Q1FY26 stood at 8.01% and Cost of Deposits (Global) stood at 4.85% for Q1FY26.
Asset Quality:
Gross NPA ratio at 2.92% improved by 170 bps YoY.
Net NPA ratio at 0.75% improved by 24 bps YoY.
PCR improved by 83 bps YoY and stands at 92.94%.
Slippage Ratio improved by 2 bps YoY and stands at 0.33%.
Credit Cost improves by 17 bps YoY to 0.68%.
Capital Adequacy:
Capital Adequacy Ratio (CRAR) as at the end of Q1FY26 stands at 17.39%.
Alternate Channels:
1 Crore plus customers on-boarded so far through Mobile Banking App “BOI Mobile Omni Neo Bank”.
Share of Digital transactions in total transactions increased from ~94.2% in Q1FY25 to-95.4% in Q1FY26.
Bank of India is a public sector bank listed on the BSE and NSE. Headquartered in Mumbai, it offers a wide range of banking and financial services through its extensive domestic and global network. The bank has been strengthening its credit portfolio while focusing on digital transformation and deposit mobilisation.
