Bank of India Declares Future Enterprise NPA Fraud

Date: October 12, 2026

Disclosure Under SEBI LODR Regulation 30

Bank of India has declared a Non-Performing Asset (NPA) as fraud and reported this information to the Reserve Bank of India (RBI) on October 12, 2026. The disclosure was made pursuant to SEBI (LODR) Regulations, 2015 and the Bank's "Policy on determination and disclosure of Material events / information".

Fraud Declaration Details

The specific account declared as fraud is:

• Account/Company Name: Future Enterprise Ltd.
• Amount Outstanding: ₹575.40 crore
• Provision Held: ₹575.40 crore

The bank has maintained full provisioning coverage of 100% for this exposure, with provisions exactly matching the outstanding amount of ₹575.40 crore.

Regulatory Reporting

The disclosure was submitted to both major stock exchanges:

• National Stock Exchange of India Ltd. (NSE)
• BSE Ltd.

The reference number for this disclosure is HO:IRC:SVM:2026-27:245.