Bank of India Reports 12.02% Global Advances Growth in Q1FY26

Bank of India has reported an increase of 12.02% in Global Advances in the 1st quarter ended June 30, 2025. The bank's Global Business crossed 15 Lakh crores, with Domestic Advances growing by 11.24% YoY and Overseas Advances by 16.34% YoY. Retail Advances grew by 20% YoY, MSME Advances by 17% YoY, and Agriculture Advances by 12% YoY. Bank's Deposits grew by 9.07% YoY with Domestic Deposits growing by 9.62% YoY. The bank's Operating Profit for Q1FY26 grew by 9% YoY to Rs.4,009 crores and Net Profit increased by 32% YoY to £2,252 crores. The bank's ROA and ROE for Q1FY26 stand at 0.82% and 13.55% respectively. The Global and Domestic Net Interest Margin (NIM) for Q1FY26 stood at 2.55% and 2.82% respectively. The bank's Gross NPA ratio at 2.92% improved by 170 bps YoY and Net NPA ratio at 0.75% improved by 24 bps YoY. The bank onboarded 1 Crore plus customers through Mobile Banking App ‘BOI Mobile Omni Neo Bank’ and the share of Digital transactions in total transactions increased from ~94.2% in Q1FY25 to ~95.4% in Q1IFY26. The bank's Capital Adequacy Ratio (CRAR) as at the end of Q1FY26 stands at 17.39%.