Bank of India concludes Financial Year 2025-26 with robust growth across its portfolio. The bank reported a 14.85% increase in Net Profit, driven by strong gains in Global Business and RAM advances. Asset quality has significantly improved, with Gross NPA reducing by 129 bps. The bank’s commitment to digital transformation and sustainable growth is underscored by strong CRAR levels and a wide network expansion of 5,535 branches.
Key Financial Milestones
For the fiscal year ending March 31, 2026, Bank of India demonstrated solid financial performance. The bank recorded a 14.85% YoY growth in Net Profit. The Global Business expanded by 14.57%, supported by a 13.56% rise in Global Deposits and a 15.82% growth in Global Advances. The Net Interest Income for the year stood at ₹25,172 crore.
Robust Asset Quality and Capital Position
The bank achieved substantial improvements in asset quality metrics throughout the year. Gross NPA witnessed a notable decline of 129 bps, while Net NPA decreased by 26 bps. The Provision Coverage Ratio stands at a healthy 93.57%. The bank maintains a strong capital base, reporting a Capital to Risk-Weighted Assets Ratio (CRAR) of 18.01% as of March 31, 2026, well above regulatory requirements.
Strategic Growth in RAM Segment
The Retail, Agriculture, and MSME (RAM) segments continued to be key growth drivers, showing an overall growth of 19.11%. Specifically, Retail Advances surged by 21.19%, while Agriculture and MSME Advances grew by 17.60% and 17.68% respectively. The bank remains focused on leveraging technology to enhance credit delivery, with a significant increase in digital documentation and lending platform adoption.
Digital Innovation and ESG Commitment
Bank of India is actively transforming its banking operations through its Digital Playbook. Key achievements include the successful deployment of 50 digital products and the launch of the BOI Omni NEO platform. On the sustainability front, the bank has raised ₹963 crore in Green Deposits and achieved an ESG rating of 1 from CareEdge. The bank now operates a vast network of 5,535 domestic branches and serves customers through 38,273 touchpoints.
Source: BSE
