by Suman Gupta
Global Business grows 21% to ₹18.93 lakh crore; Gross NPA improves to 1.60%
Mumbai, October 23, 2026: Bank of India announced its results for the quarter and half-year ended 30th September 2026. Net Profit for Q2FY27 rose 25.34% YoY to ₹3,202 crore. Net Profit for H1FY27 grew 30% YoY to ₹6,270 crore. The Bank’s ROA and ROE for Q2FY27 improved to 1.01% and 16.36% respectively.
Operating Profit for Q2FY27 increased 33.19% YoY to ₹5,089 crore, while Operating Profit for H1FY27 grew 30% YoY to ₹10,140 crore. Net Interest Income for the quarter rose 18.52% YoY to ₹7,007 crore, and Non-Interest Income grew 24.78% YoY to ₹2,770 crore. Global NIM improved 6 bps YoY to 2.47%, and the Cost to Income Ratio improved 507 bps YoY to 47.95%.
The Bank’s Global Business grew 21.13% YoY and crossed ₹18.92 lakh crore. Global Deposits increased 21.59% YoY and crossed ₹10.37 lakh crore. Global Advances grew 20.58% YoY and crossed ₹8.55 lakh crore. Overseas Advances grew 35.21% YoY to ₹1.51 lakh crore. Retail Advances increased 19.27% YoY, MSME Advances 20.27% YoY and Agriculture Advances 16.34% YoY. RAM Advances made up 58.63% of domestic gross advances. Domestic CASA Deposits increased 7.17% YoY to ₹3.07 lakh crore in Sep’26.
Gross NPA ratio improved 94 bps YoY to 1.60%. Net NPA ratio improved 23 bps YoY to 0.42%. Provision Coverage Ratio stood at 94.45%. Slippage ratio for Q2FY27 was 0.15% and Credit Cost was 0.12%.
Capital Adequacy Ratio (CRAR) as on 30.09.2026 stood at 17.78%, up 109 bps YoY, with CET-1 at 15.49%.
On the digital front, Omni Neo Mobile Banking users rose to over 1.49 crore and Internet Banking users to over 1.11 crore. Digital transactions grew 25% YoY to 2.21 billion. The Bank opened 7.07 lakh new PMJDY accounts during H1FY27.
