Summary

Bank of India delivered strong financial results for FY26, with net profit reaching ₹10,527 crore, a 14.19% increase year-on-year, and Q4FY26 net profit growing by 14.85% year-on-year to ₹3,016 crore. The bank's Global Business Mix expanded by 14.57% year-on-year to cross ₹16.98 Lakh crore, driven by robust growth in Global Advances of 15.82% and Global Deposits of 13.56%. Asset quality improved significantly, with the Gross NPA ratio falling by 129 bps to 1.98% and the Net NPA ratio by 26 bps to 0.56%. The bank maintained a strong Capital Adequacy Ratio (CRAR) of 18.01% and saw continued growth in digital adoption with 51 Lakh+ new customers added during the year.

Key Highlights

1. 1

   Bank of India's Net Profit for FY26 zoomed to ₹10,527 crore, registering a significant growth of 14.19% year-on-year.

2. 2

   For Q4FY26, Net Profit increased by 14.85% year-on-year to ₹3,016 crore, while Operating Profit for the quarter grew by 2.88% year-on-year to ₹5,026 crore.

3. 3

   The bank's Global Business Mix demonstrated robust growth of 14.57% year-on-year, surpassing ₹16.98 Lakh crore, driven by Global Advances increasing by 15.82% to ₹7.71 Lakh crore.

4. 4

   Asset quality saw considerable improvement with the Gross NPA ratio at 1.98%, an improvement of 129 basis points year-on-year, and Net NPA ratio at 0.56%, improving by 26 basis points year-on-year.

5. 5

   Retail Advances showed strong growth, increasing by 21.19% year-on-year, contributing to a healthy overall advances portfolio.

6. 6

   The Capital Adequacy Ratio (CRAR) as of March 31, 2026, remained strong at 18.01%.

7. 7

   Digital adoption continued to rise, with 51 Lakh+ customers added during FY26 and transactions through Alternate Delivery Channels increasing by 22% year-on-year to 7.6 billion.