Bank of India’s Global Business Jumps 10.33% YoY in Q1 FY26, Signalling Strong Growth Momentum
By Shishta Dutta | Updated at: Oct 13, 2025 12:15 PM IST
Mumbai, July 4, 2025 — Bank of India (NSE: BANKINDIA, BSE: 532149) did well in the first quarter of fiscal year 26. Its global business grew by 10.33% year-on-year to ₹15.06 lakh crore as of June 30, 2025. The rise was caused by strong growth in both deposits and advances. This temporary number is based on the momentum from the previous quarter’s revenue milestone of ₹14.81 lakh crore, which is an 11.95% increase from the same quarter last year.
The recent results for the fourth quarter of fiscal year 25 are what caused business to pick up around the world. The net profit went up 82% from last year to ₹2,626 crore, thanks to profits and recoveries in the treasury. The core Net Interest Income (NII), on the other hand, only grew by 2% to ₹6,063 crore.
But the future of the sector suggests that prudence is needed: IIFL Capital said that sluggish loan growth, lower margins, lower fee revenue, and more slippages could hurt bank earnings in the first quarter of fiscal year 26. Also, credit growth throughout the sector dropped to 9.6% from the previous year. When you look at it this way, the Bank of India’s success shows that it can handle much bigger problems.
Key Financial Highlights (₹ in crore)
| Particulars | Q1 FY25 (Reviewed) | Q1 FY26 (Provisional) | YoY Growth (%) |
|---|---|---|---|
| Global Business | 13,64,660 | 15,05,669 | 10.33 |
| Global Deposits | 7,64,396 | 8,33,702 | 9.07 |
| Global Gross Advances | 6,00,264 | 6,71,967 | 11.95 |
| Domestic Deposits | 6,47,917 | 7,10,276 | 9.62 |
| Domestic Gross Advances | 5,08,169 | 5,64,869 | 11.16 |
Figures are provisional and subject to audit by the Statutory Central Auditors of the Bank.
The growth was driven by a healthy uptick in both global and domestic lending activities, with global gross advances jumping 11.95% YoY to ₹6,71,967 crore. Deposits also posted a stable expansion, with global deposits rising 9.07% YoY to ₹8,33,702 crore. Analysts think that things will get better in the second half of FY26 when systemic credit cycles start up again, thanks to lower policy rates and a better funding environment. BoI is in a good position to deal with changing banking conditions this fiscal year since it has a strong mix of global and domestic businesses, as well as excellent deposit mobilisation and loan growth.
Regulatory Context
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in conjunction with the Bank’s Code of Conduct for Fair Disclosure of Unpublished Price Sensitive Information as mandated under Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Company Overview
Bank of India is a public sector bank listed on the BSE and NSE. Headquartered in Mumbai, it offers a wide range of banking and financial services through its extensive domestic and global network. The bank has been strengthening its credit portfolio while focusing on digital transformation and deposit mobilisation.
REF: https://nsearchives.nseindia.com/corporate/BANKINDIA2_04072025162554_Q1FY26BusinessFigures.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
