Bank of India (BOI) has released its annual report for FY2025-26, highlighting a robust financial performance with a net profit of ₹10,527 crore, reflecting a 14.19% YoY growth. The bank successfully improved its asset quality, with Gross NPA ratio declining to 1.98%, while achieving a Capital Adequacy Ratio (CRAR) of 18.01%. These results underscore the bank’s resilience and commitment to sustainable, technology-driven growth.
Financial Highlights
During the financial year 2025-26, Bank of India achieved significant financial milestones. The bank’s global business mix grew by 14.57% YoY, reaching ₹16.99 lakh crore. Key performance indicators showed a strong upward trajectory, with operating profit increasing by 4% YoY to ₹17,049 crore. The net profit for the year stood at ₹10,527 crore, a 14.19% increase over the previous year.
Asset Quality and Capital Strength
Asset quality has shown substantial improvement, with the Gross NPA ratio improving by 129 bps YoY to 1.98%. Similarly, the Net NPA ratio improved by 26 bps YoY to 0.56%. The Provision Coverage Ratio (PCR) further strengthened to 93.57%. The bank’s capital position remains robust, with the Capital Adequacy Ratio (CRAR) closing the year at 18.01%, well above the regulatory requirement.
Growth in Business Segments
Domestic business remains a core focus, with total domestic deposits surpassing the ₹8 lakh crore mark, growing by 14.30% YoY. Domestic advances rose by 16.10% YoY to reach ₹6.54 lakh crore. The RAM (Retail, Agriculture, and MSME) segment continues to be a growth driver, now constituting 58.74% of total gross advances, with retail advances alone witnessing a 21.19% YoY increase.
Strategic Initiatives
The bank has made significant strides in digital transformation and operational excellence. Key initiatives include the launch of the ‘BOI Surya Shakti’ scheme for agri-entrepreneurs, the establishment of a Testing Centre of Excellence (COE) to standardize quality assurance, and the roll-out of the BOI Trade Easy (LMS) platform to revolutionize supply chain finance. Furthermore, the bank has expanded its branch network, opening 201 new branches in FY26, taking the total count to over 5,500 branches.
Source: BSE
