Bank of India’s strong performance! Operating profit increased by 13 percent in the third quarter; revenue of Rs 4,193 crore

By Samira Vishwas On Jan 23, 2026

Bank of India’s strong performance!

Operating profit increased by 13 percent in the third quarter
Revenue of Rs. 4,193 crores

Mumbai, January 22, 2026: Bank of India announced its financial results for the third quarter of FY26. Operating profit in Q3 FY26 grew by 13 per cent year-on-year (YoY) to Rs 4,193 crore, while in the first nine months of FY26, it grew by 4 per cent year-on-year to Rs 12,023 crore. Net profit for the first nine months of FY26 grew by 14 per cent year-on-year to Rs 7,511 crore. Net profit for the third quarter of FY26 grew by 7 per cent year-on-year to Rs 2,705 crore.

The bank’s ROA and ROE for the third quarter of FY26 increased to 0.96 percent and 15.34 percent respectively. For the nine months of FY26, ROA and ROE were 0.90 percent and 14.49 percent respectively.

The bank’s global and domestic net interest margin (NIM) for the third quarter of FY26 was 2.57 percent and 2.80 percent respectively. For the nine months of FY26, global and domestic NIM were recorded at 2.51 percent and 2.76 percent respectively.

The bank’s domestic lending grew by 15.16 percent year-on-year and global lending by 13.63 percent year-on-year. The bank’s global business has crossed the Rs 16 lakh crore mark. Retail loans grew by 20.64 percent year-on-year, while agriculture loans grew by 16.69 percent year-on-year, MSME loans by 15.77 percent year-on-year and corporate loans by 11.32 percent year-on-year. The RAM percentage share in loans increased to 58.54 percent. The bank’s deposits grew by 11.64 percent year-on-year and domestic loans grew by 12.80 percent year-on-year. As of December 31, 2025, CASA deposits grew by 4.48 percent year-on-year and CASA ratio stood at 37.97 percent.

Net interest income (NII) for the nine months of FY26 was Rs 18,442 crore and for the third quarter of FY26 was Rs 6,461 crore. Non-interest income for the third quarter of FY26 increased by 30 per cent year-on-year (YoY) to Rs 2,279 crore and for the nine months of FY26, it increased by 20 per cent year-on-year to Rs 6,665 crore.
The gross NPA ratio at 2.26 per cent increased by 143 basis points (bps) year-on-year. The net NPA ratio at 0.60 per cent increased by 25 bps year-on-year.

PCR increased by 112 bps annually to 93.60 percent. Slippage ratio for Q3 FY26 increased by 3 bps annually to 0.16 percent. Credit cost for 9 months FY26 increased by 30 bps annually to 0.42 percent and credit cost for Q3 FY26 increased by 5 bps annually to 0.34 percent.

Capital adequacy ratio was recorded at 17.09 percent.

Through digital and alternative channels, over seven lakh new customers have been added in Q3 FY26. This takes the total number of UPI customers to over 24.2 crore. The share of alternative channels in total transactions has increased to around 96 per cent in Q3 FY26.