Bank of India reported a 13.63% YoY growth in global advances in Q3FY26, reaching ₹16.28 Lakh crore. Domestic Advances grew by 15.16% YoY. Net profit for the quarter increased to ₹2,705 crores, a 7.47% increase YoY. The bank’s CASA ratio stood at 37.97% as of December 31, 2025.
Financial Performance Highlights
Bank of India (BOI) has announced its unaudited financial results for the third quarter of fiscal year 2026. Key highlights from the announcement include:
Advances and Deposits
Global Advances: Increased by 13.63% year-over-year (YoY), driven by a 15.16% YoY growth in Domestic Advances. The bank’s Global Business surpassed the ₹16 Lakh crore milestone.
Overseas Advances: Grew by 5.70% YoY.
Retail Advances: Showed strong growth at 20.64% YoY. Agriculture Advances increased by 16.69% YoY, and MSME Advances rose by 15.77% YoY.
Deposits: Total deposits grew by 11.64% YoY, with Domestic Deposits increasing by 12.80% YoY. The CASA Deposit saw a growth of 4.48% YoY, bringing the CASA ratio to 37.97% as of December 31, 2025.
Profitability Metrics
Operating Profit (9M-FY26): Increased by 4% YoY to ₹12,023 crores. Q3FY26 Operating Profit reached ₹4,193 crores (up by 13% YoY).
Net Profit (9M-FY26): Grew by 14% YoY to ₹7,511 crores. Net Profit for Q3FY26 was ₹2,705 crores, representing a 7.47% YoY increase.
Net Interest Income (NII): Stood at ₹18,442 crores for 9M-FY26 and ₹6,461 crores for Q3FY26.
Non-Interest Income: Increased by 20% YoY to ₹6,665 crores for 9M-FY26 and grew by 30% YoY to ₹2,279 crores for Q3FY26.
Net Interest Margin (NIM): Global NIM stood at 2.51% and Domestic NIM at 2.76% for 9M-FY26. For Q3FY26, Global NIM was 2.57% and Domestic NIM was 2.80%.
ROA and ROE: For 9M-FY26, ROA stood at 0.90% and ROE at 14.49%. For Q3FY26, ROA increased to 0.96% and ROE to 15.34%.
Asset Quality
Gross NPA ratio: Improved to 2.26%, a decrease of 143 bps YoY.
Net NPA ratio: Improved to 0.60%, a decrease of 25 bps YoY.
PCR: Improved by 112 bps YoY and stood at 93.60%.
Slippage Ratio: Improved to 0.64% for 9M-FY26 and 0.16% for Q3FY26.
Credit Cost: Improved to 0.42% for 9M-FY26 and 0.34% for Q3FY26.
Capital Adequacy
Capital Adequacy Ratio as of December 31, 2025: Stood at 17.09%.
Alternate Channels
The bank added 7 Lakh+ customers during Q3FY26, taking the total UPI customer base to 242 Lakh+. The share of alternate channels in total transactions increased to approximately 96% in Q3FY26.
Source: BSE
