Bank of India Files BRSR for FY26
Bank of India filed its BRSR for FY26, disclosing a paid-up capital of Rs. 4553.41 crore and a workforce of 51,010 employees. The bank highlighted its environmental initiatives, including the installation of 630 kW rooftop solar systems and a green finance exposure exceeding Rs. 14,000 crore. It reported receiving 291,644 customer complaints during the year.
*this image is generated using AI for illustrative purposes only.
Bank of India has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report provides a comprehensive overview of the bank's environmental, social, and governance (ESG) performance, detailing its operational footprint and sustainability initiatives.
Financial and Operational Overview
The bank reported a paid-up capital of Rs. 4553.41 crore for the reporting period. Its operations span 28 states and 8 union territories in India, alongside a presence in 10 international locations. The bank serves a diverse customer base, including individuals, government bodies, MSMEs, and large corporates, with banking activities accounting for 100% of its turnover.
Workforce Diversity and Welfare
As of the end of the financial year, the bank employed 51,010 permanent employees. The workforce composition included 35,758 male employees (70.10%) and 15,252 female employees (29.90%). The bank reported that 1,359 employees were differently abled. The cost incurred on employee well-being measures stood at 0.32% of total revenue.
Environmental Initiatives
The bank has undertaken significant steps to reduce its environmental impact. It installed 630 kW of rooftop solar systems across 32 owned administrative and residential premises. All three Head Office buildings at the Bandra Kurla Complex operate on 100% green power and have achieved Gold Category Green Building Certification. The bank has also mobilized green finance exceeding Rs. 14,000 crore and reported a green finance portfolio target of Rs. 50,000 crore by FY2031.
Governance and Stakeholder Engagement
The Board of Directors serves as the apex authority for sustainability matters, supported by a separate ESG committee. The bank has established robust grievance redressal mechanisms for various stakeholders, including customers, employees, and shareholders. During the year, it received 291,644 customer complaints, of which 1,755 were pending resolution at the close of the year.
| Key Metrics | FY 2025-26 |
|---|---|
| Paid-up Capital | Rs. 4553.41 Crore |
| Total Permanent Employees | 51,010 |
| Female Employees | 15,252 (29.90%) |
| Differently Abled Employees | 1,359 |
| Rooftop Solar Capacity | 630 kW |
| Customer Complaints Filed | 291,644 |
| Customer Complaints Pending | 1,755 |
Historical Stock Returns for Bank of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.50% | -2.80% | -6.61% | -3.81% | +18.62% | +78.47% |
How does Bank of India plan to scale its rooftop solar capacity and green building certifications beyond the current 32 premises to meet its Rs. 50,000 crore green finance portfolio target by FY2031?
What strategies will Bank of India adopt to increase female workforce representation beyond the current 29.90% as ESG-focused investors increasingly scrutinize gender diversity metrics?
How might Bank of India's ESG performance and BRSR disclosures influence its access to international capital markets and green bond issuance opportunities in the near future?
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