Bank of India (BoI) reported a 7 per cent year-on-year (yoy) increase in third quarter (Q3FY26) standalone net profit at ₹2,705 crore, with the bottom-line being supported by healthy growth in other income even as loan loss provisions remained flat amid improvement in asset quality.
The Mumbai-headquartered public sector bank had logged a net profit of ₹2,517 crore in the year ago period.
Net interest income (difference between interest earned and interest expended) in the reporting quarter was up about 6 per cent yoy at ₹6,461 crore (₹6,070 crore in the year ago period).
Other income, including fee-based income, treasury income and recovery from written-off accounts, rose about 30 per cent yoy to ₹2,279 crore (₹1,747 crore).
Provisions for non-performing assets (NPAs) was almost unchanged at ₹605 crore (₹603 crore). Write-back from provisions for standard assets & others was lower at ₹29 crore against ₹299 crore in the year ago period.
Net interest margin (NIM) declined to 2.57 per cent against 2.80 per cent in the year ago period. However, NIM in the reporting is higher than the preceding quarter’s 2.41 per cent.
Gross Non-Performing Assets (NPAs) position improved to 2.26 per cent of gross advances as at December-end 20254 against 3.69 per cent as at December-end 2024.
Net NPAs position too improved to 0.60 per cent of net advances against 0.85 per cent. Global advances increased by about 14 per cent yoy and stood at ₹7,40,314 crore as at December-end 2025.
Within this, domestic advances, which stood at ₹6,29,080 crore as at December-end 2025, were up about 15 per cent yoy, powered by a strong 18 per cent yoy growth in RAM (retail, agriculture and MSME) advances and 11 per cent yoy growth in corporate & other advances.
Global deposits rose about 12 per cent yoy and stood at ₹8,87,288 crore as at December-end 2025. Within this, domestic deposits were up 13 per cent yoy and stood at ₹7,65,499 crore.
Published on January 21, 2026
