Bank of India (BoI) Q1 FY27 Net Profit rises 36.23% YoY to ₹3,068 crore

MUMBAI, 24 JULY, 2026 HPN | SACHIN MURDESHWAR: Bank of India announced its financial results for the quarter ended June 30, 2026. The Bank’s net profit increased by 36.23% YoY to ₹3,068 crore in Q1 FY27. Return on Assets and Return on Equity improved to 1.01% and 16.12%, respectively.

Rajneesh Karnatak, MD & CEO, Bank of India (BoI), said the bank is eyeing inflows of about $1.2 billion via fresh FCNR (B) deposits under the RBI’s limited period concessional swap window. The bank has so far raised $200 million via these deposits since June 8th.

Bank’s Gross NPA ratio improved by 111 bps from 2.92% in Jun’25 to 1.81% in Jun’26. Net NPA ratio improved by 24 bps from 0.75% in Jun’25 to 0.51% in Jun’26.

Global deposits rose about 15 per cent y-o-y to ₹9,57,924 crore as at June-end 2025. Global advances increased by about 19 per cent y-o-y to ₹7,97,775 crore.

Bank’s Global Business Mix registered a growth of 16.57% YoY from ₹15,06,142 Cr in Jun’25 to ₹17,55,699 Cr in Jun’26. Global Deposits increased by 14.90% YoY from ₹8,33,698 Cr in Jun’25 to ₹9,57,924 Cr in Jun’26. Global Advances increased by 18.64% YoY from ₹6,72,444 Cr in Jun’25 to ₹7,97,775 Cr in Jun’26. Overseas Deposits increased by 7.73% YOY to ₹1,32,961 Cr and Overseas Advances increased by 15.67% YOY to ₹1,23,942 Cr in Jun’26.

Bank’s Operating Profit for Q1 FY27 grew to ₹ 5,051 crore with a growth of 25.99%.As told to our newsman sachin murdeshwar, Net interest margin (NIM) was a shade lower at 2.52 per cent against 2.55 per cent in the year ago period.

RAM Advances increased by 19.75% YoY from ₹ 3,28,048 Cr in Jun’25 to ₹3,92,833 Cr in Jun’26, constituting 58.30% of domestic Gross Advances in Jun’26. Retail Credit increased by 20.60% YoY from ₹1,37,782 Cr in Jun’25 to ₹1,66,170 Cr in Jun’26. MSME Advances increased by 19.34% YoY from ₹92,908 Cr in Jun’25 to ₹1,10,881 Cr in Jun’26. Agriculture Credit increased by 18.92% YoY from ₹97,358 Cr in Jun’25 to ₹1,15,782 Cr in Jun’26.

Bank’s quarterly slippage ratio improved by 9 bps YoY to 0.24%.

Bank’s Credit Cost improved from 0.17 for Q1 FY26 to 0.15 for Q1 FY27

Capital Adequacy Ratio (CRAR) as on 30.06.2026 stands at 18.69%

Bank’s total number of Digital Transactions improved by 22% YoY from 1.70 billion in Jun’25 to 2.08 billion in Jun’26.

[BOI - Investor Presentation.pdf]