Bank of India global business rises 16.58% to ₹17.56 lakh crore in Q1 FY27

1 min read     Updated on 03 Jul 2026, 05:04 AM
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Bank of India reported a 16.58% year-over-year increase in global business to ₹17,55,915 crore in Q1 FY27, driven by growth in deposits and advances. Global deposits rose 14.92% to ₹9,58,117 crore, while gross advances grew 18.64% to ₹7,97,798 crore. Domestic advances increased by 19.12% to ₹6,73,386 crore, with RAM advances growing 19.69% to ₹3,92,647 crore.

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Bank of India reported a 16.58% year-over-year increase in global business, which reached ₹17,55,915 crore in Q1 FY27. This growth was driven by robust expansion in both global deposits and gross advances, reflecting strong momentum across the bank's domestic and international operations as of June 30, 2026.

Key Performance Indicators — Q1 FY27

The bank's gross advances grew by 18.64% to ₹7,97,798 crore, while global deposits increased by 14.92% to ₹9,58,117 crore. Domestic operations also showed significant traction, with domestic gross advances rising 19.12% to ₹6,73,386 crore and domestic deposits growing 16.17% to ₹8,25,157 crore.

The following table details the financial performance for the period:

Particulars 30.06.2025 (Reviewed) 31.03.2026 (Audited) 30.06.2026 (Provisional)* Y-o-Y Growth (%)
Business (Global) 15,06,142 16,98,662 17,55,915 16.58
Deposits (Global) 8,33,698 9,27,271 9,58,117 14.92
Gross Advances (Global) 6,72,444 7,71,391 7,97,798 18.64
Deposits (Domestic) 7,10,277 8,00,443 8,25,157 16.17
Gross Advances (Domestic) 5,65,297 6,54,292 6,73,386 19.12
RAM Advance (Gross) (Domestic) 3,28,048 3,84,327 3,92,647 19.69

Domestic Advances and RAM Growth

Domestic advances outpaced global advances growth, registering a 19.12% increase compared to the 18.64% rise in global advances. Retail, Agriculture, and MSME (RAM) advances also demonstrated strong performance, growing by 19.69% to reach ₹3,92,647 crore. The figures for Q1 FY27 are provisional and subject to review by the Statutory Central Auditors of the bank.

Historical Stock Returns for Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+2.35%+1.97%-0.70%-5.01%+26.29%+91.44%

How will the bank manage potential asset quality risks given the rapid 18.64% expansion in gross advances?

What is the outlook for Net Interest Margins (NIM) given the faster growth in advances compared to deposits?

Will the current momentum in Retail, Agriculture, and MSME (RAM) segments continue to drive loan growth through the remainder of FY27?

Bank of India meets Arihant Capital, confirms no UPSI shared

0 min read     Updated on 01 Jul 2026, 05:47 AM
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Bank of India executives met with Arihant Capital on June 30, 2026, adhering to SEBI LODR regulations. The bank confirmed that only public domain information was shared and no unpublished price sensitive information was disclosed.

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Bank of India executives held a one-to-one physical meeting with Arihant Capital on June 30, 2026. The interaction was conducted in accordance with Regulation 30 read with Serial No. 15 of Para A of Schedule-III and Regulation 46(2)(o) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The bank stated that only information already available in the public domain was provided to the investor and analyst during the meeting. It was explicitly confirmed that no unpublished price sensitive information was shared during the discussion.

The disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. by Usha Ramsinghani, Company Secretary of Bank of India. The filing was digitally signed on June 30, 2026, at 16:56:07 +05'30'.

Exchange Address
National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai 400 051
BSE Ltd. 25, P.J. Towers, Dalal Street, Mumbai 400 001

The meeting adhered to regulatory compliance standards, ensuring transparency in communication with market participants.

Historical Stock Returns for Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+2.35%+1.97%-0.70%-5.01%+26.29%+91.44%

What are the key growth areas Bank of India is focusing on for the upcoming fiscal year?

How might the bank's asset quality trends evolve amidst changing economic conditions?

What strategic initiatives is Bank of India pursuing to enhance digital banking capabilities?

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