Mumbai, Maharashtra, 26th of October, 2026 : Bank of India has announced its financial results for the quarter and half-year ended September 30, 2026. The bank’s net profit for the second quarter of FY 2026–27 increased by 25.34% year-on-year to ₹3,202 crore. For the first half of the financial year, net profit grew by 30% to ₹6,270 crore. During the second quarter, the bank reported a Return on Assets (RoA) of 1.01% and a Return on Equity (RoE) of 16.36%.
The bank’s operating profit rose by 33.19% year-on-year to ₹5,089 crore in Q2, while operating profit for the first half increased by 30% to ₹10,140 crore. Net Interest Income (NII) grew by 18.52% to ₹7,007 crore during the quarter, while non-interest income increased by 24.78% to ₹2,770 crore. The global Net Interest Margin (NIM) improved by 6 basis points year-on-year to 2.47%. The cost-to-income ratio also improved by 507 basis points to 47.95%.
The bank’s global business grew by 21.13% year-on-year, crossing ₹18.92 lakh crore. Global deposits increased by 21.59% to over ₹10.37 lakh crore, while global advances grew by 20.58% to more than ₹8.55 lakh crore.
Advances in the bank’s overseas business registered strong growth of 35.21%, reaching ₹1.51 lakh crore. Retail advances grew by 19.27% year-on-year, MSME advances by 20.27%, and agricultural advances by 16.34%. Retail, Agriculture and MSME (RAM) advances accounted for 58.63% of the bank’s domestic gross advances. As of September 2026, domestic Current Account and Savings Account (CASA) deposits increased by 7.17% to ₹3.07 lakh crore.
The bank also recorded an improvement in asset quality. The Gross Non-Performing Assets (GNPA) ratio improved by 94 basis points year-on-year, declining to 1.60%. The Net NPA ratio improved by 23 basis points to 0.42%. The bank’s Provision Coverage Ratio (PCR) stood at 94.45%.
During the second quarter of FY 2026–27, the slippage ratio stood at 0.15%, while the credit cost was recorded at 0.12%.
As of September 30, 2026, the bank’s Capital Adequacy Ratio (CRAR) improved by 109 basis points year-on-year to 17.78%. The Common Equity Tier 1 (CET-1) ratio stood at 15.49%.
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