Bank of India has released its provisional financial results for the quarter and year ended March 31, 2026. The bank demonstrated robust performance, reporting 14.53% year-on-year growth in global business, which reached ₹16,98,026 crore. With consistent gains in both global deposits and advances, the bank continues to show a positive growth trajectory across its domestic and international operations as it prepares for the final statutory review of these figures.
Key Performance Highlights
For the quarter ending March 31, 2026, Bank of India recorded significant expansion across its core banking segments. The bank’s total global business reached ₹16,98,026 crore, marking a healthy 14.53% increase compared to the previous year. This growth is supported by a stable increase in both deposit mobilization and credit distribution.
Deposit and Advance Growth
The bank’s deposit base showed strong momentum, with global deposits rising to ₹9,27,460 crore, an increase of 13.58% year-on-year. Domestic deposits also saw a solid rise, closing at ₹8,00,682 crore with a 14.33% growth rate. Simultaneously, global gross advances climbed to ₹7,70,566 crore, reflecting a 15.69% improvement over the prior year.
Retail, Agriculture, and MSME Focus
The bank reported exceptional growth in its RAM Advances (Retail, Agriculture, and MSME) segment. Domestic RAM advances reached ₹3,82,796 crore, achieving an impressive 18.63% year-on-year growth. This surge underscores the bank’s successful focus on lending to smaller-scale sectors and individual borrowers, which remains a key pillar of its domestic growth strategy. These provisional figures remain subject to final review by the bank’s Statutory Central Auditors.
Source: BSE
