Bank of India

Key Financial Figures (Standalone)

Quarter Ended September 30, 2026:

  • Interest earned: ₹21,22,887 lakh
  • Other income: ₹2,76,986 lakh
  • Total income: ₹23,99,873 lakh
  • Interest expended: ₹14,22,166 lakh
  • Operating expenses: ₹4,68,803 lakh
  • Operating profit: ₹5,08,904 lakh
  • Provisions and contingencies: ₹79,743 lakh
  • Profit before tax: ₹4,29,161 lakh
  • Tax expense: ₹1,08,923 lakh
  • Net profit: ₹3,20,238 lakh
  • Basic EPS: ₹7.03

Half Year Ended September 30, 2026:

  • Interest earned: ₹41,17,819 lakh
  • Other income: ₹5,34,901 lakh
  • Total income: ₹46,52,720 lakh
  • Interest expended: ₹27,33,844 lakh
  • Operating expenses: ₹9,04,864 lakh
  • Operating profit: ₹10,14,012 lakh
  • Provisions and contingencies: ₹1,76,103 lakh
  • Profit before tax: ₹8,37,909 lakh
  • Tax expense: ₹2,10,881 lakh
  • Net profit: ₹6,27,028 lakh
  • Basic EPS: ₹13.77

Key Financial Figures (Consolidated)

Quarter Ended September 30, 2026:

  • Total income: ₹24,13,725 lakh
  • Net profit: ₹3,30,882 lakh
  • Basic EPS: ₹7.27

Half Year Ended September 30, 2026:

  • Total income: ₹46,84,953 lakh
  • Net profit: ₹6,61,140 lakh
  • Basic EPS: ₹14.52

Analytical Ratios (Standalone)

  • Government of India shareholding: 73.38%
  • Capital Adequacy Ratio (Basel III): 17.78%
  • CET 1 Ratio: 15.49%
  • Gross NPA: 1.60% (₹13,64,837 lakh)
  • Net NPA: 0.42% (₹3,55,735 lakh)
  • Return on Assets: 1.01%
  • Net Worth: ₹79,64,867 lakh
  • Operating Margin: 21.21%
  • Net Profit Margin: 13.34%

Capital Structure

  • Paid-up equity share capital: ₹4,55,341 lakh (Face value ₹10 each)
  • Reserves excluding Revaluation Reserve: ₹75,47,654 lakh (as of March 31, 2026)

Segment Performance (Standalone Q2 FY27)

Revenue:

  • Treasury Operations: ₹6,33,747 lakh
  • Wholesale Banking Operations: ₹8,57,775 lakh
  • Retail Banking Operations: ₹9,35,102 lakh
  • Digital Banking: ₹16 lakh
  • Other Retail Banking: ₹9,35,086 lakh

Profit Before Tax:

  • Treasury Operations: ₹1,75,264 lakh
  • Wholesale Banking Operations: ₹1,24,413 lakh
  • Retail Banking Operations: ₹2,22,996 lakh

Geographical Segments (Standalone Q2 FY27)

  • Domestic revenue: ₹21,24,710 lakh
  • International revenue: ₹2,75,163 lakh
  • Domestic assets: ₹10,56,80,460 lakh
  • International assets: ₹2,18,86,707 lakh

Cash Flow Statements

Standalone Half Year Ended September 30, 2026:

  • Net cash from operating activities: ₹18,72,119 lakh
  • Net cash used in investing activities: ₹(41,991) lakh
  • Net cash used in financing activities: ₹(5,14,809) lakh
  • Net increase in cash: ₹1,31,53,199 lakh

Key Developments and Events

1. Tier II Bond Redemption: The Bank redeemed Basel III compliant Tier II Bonds amounting to ₹1,800 crore during the quarter ended September 30, 2026.

2. Investment Fluctuation Reserve Transfer: In terms of RBI circular dated May 18, 2026, the Bank transferred Investment Fluctuation Reserve (IFR) amounting to ₹1,394.59 crore to General Reserve during H1 FY27.

3. Capital Infusion in Associate: During H1 FY27, the Bank infused additional capital of ₹22.64 crore in associate ASREC (India) Ltd., increasing shareholding to 27.30% from 26.02%.

4. MSME Restructuring: As of September 30, 2026, the Bank had restructured 5,404 MSME accounts amounting to ₹228.85 crore under RBI guidelines.

5. Fraud Details: The Bank reported 76 fraud cases with amount involved of ₹976.20 crore and provision of ₹434.22 crore held as of September 30, 2026.

6. PSLC Transactions: During H1 FY27, the Bank sold PSLC (Small and Marginal Farmer) worth ₹12,000 crore, earning commission of ₹340.94 crore.

Subsidiaries and Associates

The consolidated results include:

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

Board Meeting Details

The meeting of the Board of Directors started at 3:30 PM and concluded at 4:47 PM on October 23, 2026.