Bank of India – Investor Presentation Summary

Key Operational Highlights

  • Global business crossed ₹17.50 lakh crore with 16.57% YoY growth, reaching ₹17,55,699 crore as of 30.06.26.
  • Global deposits stood at ₹9,57,924 crore, while global advances reached ₹7,97,775 crore.
  • Domestic CASA ratio stood at 36.68% with CASA amount of ₹3,02,085 crore.
  • Retail Term Deposits constituted 42.00% of total term deposits.
  • The bank strengthened focus on RAM portfolio, with increasing contribution to Gross Domestic Advances.

Key drivers of operational performance: Broad-based banking credit growth, sustained consumption demand, and healthy balance sheets of financial institutions and corporates.

Segment-wise Performance

  • Retail Loans: Contributed to the growing RAM portfolio focus.
  • Agriculture Advances: Stood at ₹1,06,986 crore, representing 19.85% of ANBC.
  • MSME Advances: Micro Enterprises (PS) stood at ₹51,613 crore, representing 9.58% of ANBC.
  • Corporate Advances: External rating profile showed 78% in AAA category for standard corporate advances.
  • Infrastructure Sector: Outstanding at ₹54,967 crore, with Power segment at ₹35,758 crore and Roads and Ports at ₹12,669 crore.
  • NBFC Portfolio: Global outstanding with 78% rated AAA and only 1% rated BBB & Below.

Explanation of significant changes in segment performance: Growth driven by increased focus on retail, agriculture, and MSME segments, alongside a high-quality corporate and NBFC portfolio.

Financial Highlights

Revenue (Interest Income): ₹19,949 crore for Q1 FY27 (8.70% YoY growth)

EBITDA (Operating Profit): ₹5,051 crore for Q1 FY27 (25.99% YoY growth)

PAT (Net Profit): ₹3,068 crore for Q1 FY27 (36.23% YoY growth)

Net Interest Income: ₹6,833 crore for Q1 FY27 (12.61% YoY growth)

Non-Interest Income: ₹2,579 crore for Q1 FY27 (19.07% YoY growth)

Margins:

  • Net Interest Income growth of 12.61% YoY

YoY/QoQ comparison:

  • Interest Income: 8.70% YoY growth (₹19,949 crore vs. previous)
  • Interest Expended: 6.78% YoY growth (₹13,117 crore)
  • Operating Profit: 25.99% YoY growth (₹5,051 crore)
  • Net Profit: 36.23% YoY growth (₹3,068 crore)

Drivers of financial performance: Higher revenue growth from advances (12.24% YoY growth in interest income from advances), lower borrowing costs (-25.59% YoY in interest on borrowings), and improved recovery in written-off accounts (89.13% YoY growth).

Key Risks: Raw material price hikes, regulatory risks (mentioned in disclaimer but not quantified).

Geographical Revenue Split

Domestic vs Export/Regional Revenue:

  • Domestic business constitutes majority of operations
  • Overseas Business: Deposits ₹1,32,961 crore; Advances ₹1,23,942 crore; Business Mix ₹2,56,903 crore
  • Overseas centers: 46 foreign offices across 14 countries including US, UK, France, Belgium, Tanzania, Kenya, Uganda, Zambia, UAE, Indonesia, Singapore, Vietnam, New Zealand, Japan

Balance Sheet Snapshot

Net Debt/Equity: Not explicitly stated

Reserves: Not explicitly stated

Current Assets/Liabilities: Not explicitly stated

Capital Adequacy (Basel III):

  • CET-1: 15.97% (including CCB)
  • Tier I Capital: 16.27%
  • Tier II Capital: 2.42%
  • Total CRAR: 18.69% (above regulatory requirement of 11.50%)
  • Risk Weighted Assets: ₹4,93,354 crore

Financial Health Insights: Strong capital adequacy ratios well above regulatory requirements, improved asset quality, and profitable overseas operations.

Capex & Cash Flow Health

Capital Expenditure: Not explicitly stated

Free Cash Flow: Not explicitly stated

Operating Cash Flow: Not explicitly stated

Net Debt Movement: Not explicitly stated

Investment Rationale: Focus on digital transformation, technology upgrades, and expanding green finance portfolio.

Strategic & R&D Initiatives

Investments in Innovation:

  • 36 ML models in production across eight business domains
  • 215+ APIs live in production with 150+ in testing
  • 126 fintechs empaneled
  • 14 processes automated through robotic process automation
  • Digital Lending Platform with 52 products (34 Assisted + 18 Self-serve)
  • New DR Data Centre migration completed
  • Star Sampark 2.0 CRM under development
  • BOI Omni NEO Platform live
  • Centralised V-CIP Centre established

Expected impact on growth: Digital initiatives support growth across retail, MSME, and agriculture lending segments.

Strategic Rationale: Expanding digital capabilities, enhancing customer experience, and reducing operational costs through automation.

Industry Trends & Business Environment

Macro/Industry Trends:

  • India's GDP expected to grow at 6.7% in FY 2026-27 (RBI projection)
  • RBI has cumulatively cut repo rates by 150bps since Feb-2025
  • Banking credit (Non-Food Credit) growth reached 15.9% in FY26
  • Gross FDI inflows stood at ₹8,94,846 Cr in FY26 (up from ₹7,67,146 Cr in FY25)

Impact on Company: Sustained momentum in consumption demand supported by GST rate cuts, and healthy balance sheets supporting further growth in the Indian economy.

Management Commentary & Growth Outlook

Strategic Outlook: Focus on digital transformation, maintaining asset quality, and capital raising plans.

FY Guidance: Not explicitly provided

Market Share Targets: Not explicitly provided

Risks and Opportunities: Dynamic and complex internal and external environment, market risks, business risks, legal risks/changes in law, future levels of non-performing loans, growth and expansion challenges, technological implementation challenges.

ESG Updates

Environmental:

  • Maintains Care Edge ESG-1 Rating with improved composite score of 76.4
  • Green Finance exposure crossed ₹14,000 crore (72% renewable energy, 19% sustainable water & waste management)
  • ₹917 crore green deposits garnered in Q1 FY27; Cumulative green deposits at ₹1,880 crore
  • 32 sites with solar panels; All three head office buildings certified Green buildings using 100% green energy
  • Cumulatively abated 0.78 Million Metric Tons of CO2 through green sector advances

Social:

  • 2.98 Cr+ PMJDY accounts with cumulative balance of ₹17,000 Cr+
  • Over 21 lakh farmers supported through KCC
  • 7.91 lakh small vendors under PM Svanidhi scheme; Total sanction limit: ₹1,200 Cr
  • Financed over 3.57 lakh women SHG groups
  • 37% of 47 lakh MUDRA account beneficiaries are women
  • 25% of MSME advances availed by women borrowers
  • 50% CSR Spending towards Health & Family Welfare
  • Over 4.42 lakh individuals trained through RSETIs in FY26

Governance:

  • Women constitute 30% of workforce
  • 2.6% of staff comprises differently abled persons
  • 71 employees from sports fraternity
  • Well-defined corporate governance policies and whistle blower policy

Digital Banking Initiatives

  • Digital lending expansion across Retail, MSME and Agriculture
  • Analytics-based leads performance tracking
  • Cyber Security Governance: DFIR Lab, AI-enabled red teaming, Unified Cyber platform, Quantum safe policy framework
  • Overseas Initiatives: SEPA live for Paris branch, M-PESA services in Kenya

Branch Network & Presence

  • Domestic Branches: 5,510 (Metro: 1,022; Urban: 913; Semi Urban: 1,640; Rural: 1,935)
  • Overseas Branches: 21
  • Digital Banking Units: 2
  • Total customer touchpoints: over 38,063

Overseas Performance

  • Overseas Business Mix: ₹2,56,903 crore
  • Total Income: ₹2,499 crore
  • Operating Profit: ₹412 crore
  • Net Profit: ₹303 crore
  • Gross NPA: ₹157 crore (1% of global total)
  • Net NPA: ₹43 crore

Awards & Accolades

  • ET Rising Star of the Year Award
  • Excellence in Professional Banking Certifications award at IIBF L&D Leadership Meet 2026
  • Economic Times Enterprise Security Awards 2026 for cybersecurity excellence