Bengaluru, July 29, 2025 — Bank of India reported a robust financial performance for the first quarter of FY26, recording a 32% year-on-year (YoY) increase in net profit, which stood at ₹2,252 crore. The bank’s operating profit rose by 9% YoY to ₹4,009 crore. Key profitability ratios also improved, with Return on Assets (ROA) at 0.82% and Return on Equity (ROE) at 13.55% for the quarter.
The bank’s Net Interest Margin (NIM) for the quarter was reported at 2.55% globally and 2.82% domestically.
Healthy Growth in Advances and Deposits
Bank of India saw strong credit growth across segments. Global advances increased by 12.02% YoY, while domestic advances grew by 11.24%. Within domestic lending, retail loans surged 20%, MSME loans rose 17%, and agriculture loans expanded by 12% YoY.
On the deposits front, the bank recorded a 9.07% YoY growth, with domestic deposits rising by 9.62%. CASA (Current Account and Savings Account) deposits increased by 2.50% YoY, and the CASA ratio stood at 39.88% as of June 30, 2025.
Asset Quality Metrics Show Improvement
Asset quality showed notable improvement. The Net Non-Performing Assets (Net NPA) ratio declined by 24 basis points YoY to 0.75%. The Provision Coverage Ratio (PCR) improved by 83 basis points to reach 92.94%. The slippage ratio marginally improved to 0.33%, while credit cost decreased by 17 basis points YoY to 0.68%. The Capital Adequacy Ratio (CAR) was reported at a healthy 17.39% at the end of Q1FY26.
Digital Banking Sees Increased Adoption
The bank’s digital initiatives continue to gain traction. Over 1 crore customers have been onboarded to its mobile banking platform, ‘BOI Mobile Omni Neo Bank.’ Digital transactions now account for 95.4% of total transactions, up from 94.2% in Q1FY25, reflecting the bank’s ongoing push toward digital transformation.
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