Bank of India (BOI) announced its unaudited (reviewed) financial results for Q2 FY26, showcasing solid gains. Global Business grew by 11.83% YoY, with Global Deposits up by 10.08%. Net Profit also saw an increase of 7.62%. The bank reported improvements in asset quality, with Gross NPA declining by 187 bps and Net NPA decreasing by 29 bps, indicating enhanced financial stability.
Global Business Performance
Bank of India has demonstrated notable growth across key business segments. Global Business reached ₹15,62,446 Cr, an increase from ₹13,97,099 Cr on September 30, 2024. Similarly, Global Deposits have risen to ₹8,53,301 Cr, compared to ₹7,75,181 Cr in the previous year. Global Advances also experienced substantial growth, reaching ₹7,09,145 Cr.
Domestic Deposits & Advances
The bank’s Domestic Deposits have shown robust performance, increasing from ₹6,72,732 Cr on September 30, 2024, to ₹7,30,098 Cr. Domestic Advances have also increased, reaching ₹5,97,350 Cr. The CASA ratio stands at 39.39% as of September 30, 2025.
Key Highlights
Several key areas have shown positive momentum:
- RAM Growth: 17.02%
- Retail TDR: 14.04%
- Net Profit: 7.62%
- Credit Cost: Decreased by 69 bps
- Gross NPA: Reduced by 187 bps
- Net NPA: Reduced by 29 bps
Priority Sector Advances
Bank of India continues to prioritize key sectors, with total Priority Sector Advances reaching ₹2,35,780 Cr, constituting 46.83% of ANBC. Agriculture advances stand at ₹1,01,588 Cr, while Small & Marginal Farmers account for ₹71,259 Cr.
Net Interest Income (Global)
The Net Interest Income for the quarter ended September 2025 (Q2 FY26) is reported at ₹5,912 Cr. For the half-year ended September 2025, the Net Interest Income stands at ₹11,981 Cr.
Asset Quality
The bank has improved its asset quality, with Gross NPA at 2.54% and Net NPA at 0.65% as of September 30, 2025. Provision Coverage Ratio is strong at 93.39%.
Capital Adequacy
The Capital Adequacy Ratio (Basel III) including CCB is 16.69% as of September 30, 2025, indicating a strong capital position.
Digital Initiatives
The bank continues to expand its digital footprint with WhatsApp Banking and the BOI Omni NEO Platform. The bank has facilitated transactions through its Portable UPI QR Sound Box Device and offers various products through the e-platform.
Source: BSE
