by Suman Gupta
Mumbai, 09 May 2025: Bank of India announced its results for the quarter Q4 FY25 & FY24-25.Net Profit for FY25 stands at ₹9,219 crores witnessing growth of 46% YoY. Net Profit for Q4FY25 grew by 82% YoY to ₹2,626 crores, ROA and ROE for FY25 stand at 0.90% and 15.27% respectively. The bank reported Net Interest Income (NII) for FY25 increased by 6% YoY and Net Interest Margin (NIM) of Global and Domestic for FY25 stand at 2.82% and 3.10% respectively. Global and Domestic NIM for Q4FY25 stand at 2.61% and 2.91% respectively.
Bank’s Global Advances grew by 13.74% with Domestic Advances grew by 14.45% YoY. Retail Advances grew by 19.93% YoY, MSME Advances grew by 18.39% YoY followed by Agriculture Advances which grew by 16.30% YoY and Corporate Advances grew by 9.59% YoY. Deposits grew by 10.65% YoY with Domestic Deposits grew by 11.21% YoY. CASA Deposit grew by 3.86% YoY and CASA ratio stands at 40.28% as on 31st March, 2025.
On Asset quality front, Net NPA ratio at 0.82% improved by 40 bps YoY an PCR improved by 180 bps YoY and stands at 92.39%. Slippage Ratio for FY25 improved by 22 bps YoY and stands at 1.36%. Credit Cost for FY25 improves by 2 bps YoY to 0.76%. Capital Adequacy. Capital Adequacy Ratio (CAR) as at the end of FY25 stands at 17.77%.
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