New Delhi, Oct. 23 -- Bank of India announced its results for the quarter and half-year ended September 30, 2026. Net Profit for Q2FY27 rose 25.34 per cent YoY to Rs 3,202 crore. Net Profit for H1FY27 grew 30 per cent YoY to Rs 6,270 crore. The Bank's ROA and ROE for Q2FY27 improved to 1.01 per cent and 16.36 per cent, respectively.
Operating Profit for Q2FY27 increased 33.19 per cent YoY to Rs 5,089 crore, while Operating Profit for H1FY27 grew 30 per cent YoY to Rs 10,140 crore. Net Interest Income for the quarter rose 18.52 per cent YoY to Rs 7,007 crore, and Non-Interest Income grew 24.78 per cent YoY to Rs 2,770 crore. Global NIM improved 6 bps YoY to 2.47 per cent, and the Cost to Income Ratio improved 507 bps YoY to 47.95 per cent.
The Bank's Global Business grew 21.13 per cent YoY and crossed Rs 18.92 lakh crore. Global Deposits increased 21.59 per cent YoY and crossed Rs 10.37 lakh crore. Global Advances grew 20.58 per cent YoY and crossed Rs 8.55 lakh crore. Overseas Advances grew 35.21 per cent YoY to Rs 1.51 lakh crore. Retail Advances increased 19.27 per cent YoY, MSME Advances 20.27 per cent YoY and Agriculture Advances 16.34 per cent YoY. RAM Advances made up 58.63 per cent of domestic gross advances. Domestic CASA Deposits jumped 7.17 per cent YoY to Rs 3.07 lakh crore in Sep'26.
Gross NPA ratio improved 94 bps YoY to 1.60 per cent. Net NPA ratio improved 23 bps YoY to 0.42 per cent. Provision Coverage Ratio stood at 94.45 per cent. Slippage ratio for Q2FY27 was 0.15 per cent and Credit Cost was 0.12 per cent. Capital Adequacy Ratio (CRAR) as on 30.09.2026 stood at 17.78 per cent, up 109 bps YoY, with CET-1 at 15.49 per cent.
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 per cent YoY to 2.21 billion. The Bank opened 7.07 lakh new PMJDY accounts in H1FY27.
Published by HT Digital Content Services with permission from Millennium Post.