Bank of India for the first quarter ended June 30, 2025 reported 32% YoY growth in net profit at ₹2,252 crore. However, the bank’s Net Interest Income (NII) fell 3.29% YoY to ₹6,068 crore. Its global Net Interest Margin (NIM) for the quarter fell from 3.07% to 2.55%.
Gross NPA reduced 29% YoY to ₹19.640 crore and Net NPA fell 13% to ₹4.950 crore. Provision Coverage Ratio (PCR) improved by 83 bps YoY and stood at 92.94%.The bank’s slippage ratio improved by 2 bps YoY and stood at 0.33%.
The bank’s global advances grew by 12.02% with domestic advances growing by 11.24% YoY. The bank’s global business crossed ₹15 lakh crore.
Retail advances grew by 20% YoY, MSME advances grew by 17% YoY followed by agriculture advances which grew by 12% YoY.
The bank’s deposits grew by 9.07% YoY with domestic deposits growing by 9.62% YoY.
Published – July 29, 2025 10:15 pm IST