Mumbai, Maharashtra, 22nd of January, 2026 : Bank of India has delivered a strong financial performance in the third quarter of FY 2025–26, creating a new milestone in its growth journey. The Bank’s operating profit rose by 13% year-on-year to ₹4,193 crore, while operating profit for the nine-month period increased by 4% to ₹12,023 crore.
Net profit for the quarter grew by 7% YoY to ₹2,705 crore, whereas net profit for the nine-month period registered a healthy growth of 14% to ₹7,511 crore. The Bank’s Return on Assets (ROA) improved to 0.96% in Q3FY26, while Return on Equity (ROE) stood at 15.34%, reflecting improved profitability and efficiency.
The Bank maintained stability on the Net Interest Margin (NIM) front. For the nine-month period, Global and Domestic NIM stood at 2.51% and 2.76% respectively.
Advances witnessed strong growth during the period. Domestic Advances increased by 15.16% YoY, while Global Advances grew by 13.63% YoY. Bank of India’s Global Business crossed the historic milestone of ₹16 lakh crore. Retail Advances grew by 20.64%, Agriculture Advances by 16.69%, MSME Advances by 15.77%, and Corporate Advances by 11.32%. The RAM segment’s share in total advances increased to 58.54%.
On the liability side, total deposits grew by 11.64% YoY, with domestic deposits rising by 12.80%. CASA deposits increased by 4.48%, and the CASA ratio stood at 37.97%.
The Bank also reported significant improvement in asset quality. Gross NPA declined to 2.26% and Net NPA improved to 0.60%. Provision Coverage Ratio strengthened to 93.60%, while credit cost declined during the period.
On the digital banking front, more than 7 lakh new customers were added during the quarter, taking the total UPI customer base to over 242 lakh. The share of transactions through alternate and digital channels also continued to rise.
Overall, Bank of India’s strong profitability, improving asset quality, healthy credit growth, and expanding digital footprint underline its steady and sustainable growth momentum in Q3FY26.
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