Key Financial Results (Standalone, ₹ in lakh)

Income Statement Highlights:

  • Total Income: ₹22,52,847 for Q1 FY2027 (₹20,51,829 in Q1 FY2026)
  • Interest Expended: ₹13,11,678 for Q1 FY2027 (₹12,28,408 in Q1 FY2026)
  • Operating Expenses: ₹4,36,061 for Q1 FY2027 (₹4,22,483 in Q1 FY2026)
  • Operating Profit: ₹5,05,108 for Q1 FY2027 (₹4,00,938 in Q1 FY2026)
  • Provisions and Contingencies: ₹96,360 for Q1 FY2027 (₹1,09,608 in Q1 FY2026)
  • Profit Before Tax: ₹4,08,748 for Q1 FY2027 (₹2,91,330 in Q1 FY2026)
  • Tax Expense: ₹1,01,958 for Q1 FY2027 (₹66,118 in Q1 FY2026)
  • Net Profit: ₹3,06,790 for Q1 FY2027 (₹2,25,212 in Q1 FY2026)

Key Ratios (Standalone):

  • Capital Adequacy Ratio (Basel III): 18.69% (17.39% in Q1 FY2026)
  • CET 1 Ratio: 15.97% (14.52% in Q1 FY2026)
  • Gross NPA Ratio: 1.81% (2.92% in Q1 FY2026)
  • Net NPA Ratio: 0.51% (0.75% in Q1 FY2026)
  • Return on Assets (Annualized): 1.01% (0.82% in Q1 FY2026)
  • Earnings Per Share (Basic): ₹6.74 (₹4.95 in Q1 FY2026)

Balance Sheet Highlights (Standalone, ₹ in lakh):

  • Capital: ₹4,55,341 as of June 30, 2026
  • Reserves and Surplus: ₹84,40,186 as of June 30, 2026
  • Deposits: ₹9,57,92,385 as of June 30, 2026
  • Borrowings: ₹1,15,34,140 as of June 30, 2026
  • Total Assets: ₹11,93,20,004 as of June 30, 2026
  • Net Worth: ₹76,94,034 as of June 30, 2026

Consolidated Financial Performance (₹ in lakh):

  • Net Profit: ₹3,30,258 for Q1 FY2027 (₹1,82,956 in Q1 FY2026)
  • Total Income: ₹22,71,228 for Q1 FY2027 (₹20,67,762 in Q1 FY2026)
  • EPS (Basic): ₹7.25 for Q1 FY2027 (₹4.02 in Q1 FY2026)

Segment-wise Performance (Standalone):

Business Segments (Profit Before Tax):

  • Treasury Operations: ₹1,60,702
  • Wholesale Banking: ₹1,53,835
  • Retail Banking: ₹1,31,718
  • Unallocated: ₹(37,507)

Geographical Segments (Revenue):

  • Domestic: ₹20,28,432
  • International: ₹2,24,415

Key Developments and Regulatory Compliance:

Capital Infusion:

  • Infused additional capital of ₹22.64 crore in associate ASREC (India) Ltd
  • Recognized Capital Reserve of ₹2.56 crore
  • Shareholding increased to 27.30% from 26.02%

Reserve Transfer:

  • Transferred ₹1,394.59 crore from Investment Fluctuation Reserve (IFR) to General Reserve
  • Following RBI circular dated May 18, 2026 (RBI/2026-27/83 DOR.MRG.REC.No.71/00-00-001/2026-27)

Asset Quality and Provisions:

  • Gross NPAs: ₹14,45,354 lakh (1.81% of advances)
  • Net NPAs: ₹4,01,859 lakh (0.51% of advances)
  • Provision Coverage Ratio: 93.83% (including technical write-offs)
  • Additional provision of ₹874.11 crore held for 4 borrower accounts under RBI stressed assets framework

MSME Restructuring:

  • 6,252 accounts restructured amounting to ₹239.97 crore
  • 17,155 accounts restructured under COVID-19 resolution framework amounting to ₹709.31 crore

Fraud Reporting:

  • 35 frauds reported with amount involved of ₹855.01 crore
  • ₹326.73 crore provision made for frauds
  • Includes 9 cases from earlier years re-reported as fraud with amount involved of ₹766.48 crore

Subsidiaries and Associates:

The consolidated results include:

  • 4 Domestic Subsidiaries: BOI Services Limited, BOI Investment Managers, BOI Trustee Services, BOI Merchant Bankers
  • 4 Overseas Subsidiaries: PT Bank of India Indonesia, Bank of India (Tanzania), Bank of India (New Zealand), Bank of India (Uganda)
  • 1 Joint Venture: Star Union Dai-ichi Life Insurance
  • 4 Associates: Madhya Pradesh Gramin Bank, Indo Zambia Bank, STCI Finance, ASREC (India)

Board Meeting Details:

  • Meeting held on July 24, 2026
  • Commenced at 3:30 PM and concluded at undisclosed time
  • Approved unaudited standalone and consolidated financial results

Auditor Review:

  • Financial results reviewed by joint statutory central auditors
  • Unmodified opinion on both standalone and consolidated results
  • Review covered 51.92% of advances portfolio and 53.51% of NPAs
  • Included review of 20 domestic branches and 1 Treasury branch

Regulatory Filings:

  • Filed with BSE and NSE
  • No deviation in use of proceeds from equity shares or debt securities
  • No outstanding defaults on loans or debt securities
  • Security cover certificate filed for listed unsecured bonds totaling ₹32,990 crore

Notes:

  • Financial results prepared in accordance with RBI guidelines and accounting standards
  • Provisions made for NPAs, standard assets, restructured advances as per RBI guidelines
  • Employee benefits provision made on actuarial basis
  • Consolidated results include 80% of consolidated revenue, assets and profits subjected to review