Bank of India Reports Robust 11.8% Growth in Global Business, Reaching ₹15.62 Lakh Crore

1 min read     Updated on 06 Oct 2025, 05:11 PM
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Overview

Bank of India has shown strong financial performance with an 11.8% year-on-year growth in global business to ₹15,61,888.00 crore. Global deposits increased by 10.08% to ₹8,53,301.00 crore, while global gross advances rose by 13.94% to ₹7,08,587.00 crore. Domestically, deposits grew by 8.53% to ₹7,30,097.00 crore, and gross advances climbed 14.62% to ₹5,96,794.00 crore. The bank's consolidated net profit increased by 32.2% to ₹2,252.00 crore. Gross non-performing assets improved to 2.92%, down 170 basis points year-on-year.

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*this image is generated using AI for illustrative purposes only.

Bank of India, one of India's leading public sector banks, has demonstrated strong financial performance, reporting an 11.8% year-on-year growth in global business to ₹15,61,888.00 crore. This growth reflects the bank's resilience and strategic initiatives in expanding its operations both domestically and internationally.

Key Highlights

  • Global business reached ₹15,61,888.00 crore, up 11.8% year-on-year
  • Global deposits increased by 10.08% to ₹8,53,301.00 crore
  • Global gross advances rose by 13.94% to ₹7,08,587.00 crore
  • Domestic deposits grew by 8.53% to ₹7,30,097.00 crore
  • Domestic gross advances climbed 14.62% to ₹5,96,794.00 crore

Deposit and Advance Growth

The bank's growth strategy has yielded positive results across various segments. Global deposits saw a significant increase of 10.08% to ₹8,53,301.00 crore, while global gross advances experienced a robust growth of 13.94%, reaching ₹7,08,587.00 crore.

In the domestic market, Bank of India's performance was equally impressive. Domestic deposits grew by 8.53% to ₹7,30,097.00 crore, with retail term deposits showing a notable 14.15% growth. This indicates increased customer trust and the bank's ability to attract retail savings. Domestic gross advances also showed strong momentum, climbing 14.62% to ₹5,96,794.00 crore, suggesting increased lending activities across various sectors.

Financial Performance

The bank's financial performance has been consistently strong. In a recent quarter, Bank of India reported a 32.2% increase in consolidated net profit, reaching ₹2,252.00 crore. This significant growth was primarily driven by expansion in retail, MSME, and overseas segments, showcasing the bank's diversified growth strategy.

Asset Quality

Bank of India has made substantial progress in improving its asset quality. Gross non-performing assets (NPAs) stood at 2.92%, showing a significant improvement of 170 basis points year-on-year. This reduction in NPAs reflects the bank's effective risk management strategies and improved recovery mechanisms.

Market Response

The market has responded positively to Bank of India's performance. As of the latest trading session, Bank of India shares closed at ₹125.90, up 0.32%, indicating investor confidence in the bank's growth trajectory and financial health.

Conclusion

Bank of India's robust performance across various business segments, coupled with improved asset quality, positions it well for sustained growth. The bank's ability to expand its global business while maintaining strong domestic growth reflects its strategic focus and operational efficiency. As the bank continues to leverage its strengths in retail banking and overseas operations, it is well-poised to capitalize on the growing opportunities in India's banking sector.

Note: All financial figures are in Indian Rupees (₹) and 1 crore = 10 million.

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SBI Executive Highlights ECL System Readiness, Flags Potential Growth Challenges

1 min read     Updated on 01 Oct 2025, 06:16 PM
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Overview

State Bank of India (SBI) has announced its readiness to implement an advanced Expected Credit Loss (ECL) system, demonstrating its commitment to improved risk assessment and financial transparency. A senior banking executive highlighted this preparedness while also identifying potential growth challenges for the bank, including tariff issues and geopolitical situations. The implementation of the ECL system is expected to enhance SBI's ability to estimate potential credit losses more accurately, contributing to better financial stability.

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State Bank of India (SBI), India's largest public sector bank, has demonstrated its preparedness for implementing a sophisticated Expected Credit Loss (ECL) system, according to a statement from a senior banking executive. The announcement comes as the bank navigates through a complex financial landscape marked by global economic uncertainties.

Strong ECL System Readiness

The SBI executive emphasized the bank's robust readiness to adopt the ECL system, a more forward-looking approach to estimating potential credit losses. This system is crucial for financial institutions as it allows for more accurate provisioning and risk assessment, potentially leading to improved financial stability and transparency.

Potential Growth Challenges Identified

While highlighting the bank's technological advancements, the executive also shed light on potential hurdles that could impact SBI's growth trajectory. Two key factors were identified:

  1. Tariff Issues: The executive pointed out that tariff-related challenges could pose a threat to the bank's growth rate. This suggests that changes in trade policies or international tariffs might affect SBI's business operations or its customers across various sectors.

  2. Geopolitical Situations: The statement also acknowledged the potential impact of geopolitical events on the bank's growth. This recognition reflects the interconnected nature of global finance and the susceptibility of banking institutions to international political developments.

Implications for SBI and the Banking Sector

The executive's comments provide valuable insights into SBI's strategic outlook:

  • Proactive Risk Management: By implementing the ECL system, SBI demonstrates its commitment to enhancing risk assessment and management practices.
  • Global Economic Awareness: The bank's acknowledgment of external factors such as tariffs and geopolitical situations indicates a comprehensive approach to growth strategy and risk evaluation.
  • Transparency: By openly discussing potential challenges, SBI exhibits transparency in its communications with stakeholders.

As India's banking sector continues to evolve, SBI's focus on technological readiness and awareness of global economic factors positions it to navigate the complex financial landscape. However, the identified challenges underscore the need for vigilance and adaptability in the face of dynamic global economic conditions.

Investors and industry observers will likely keep a close watch on how SBI and other banks in the sector address these potential growth impediments while leveraging advanced systems like ECL to strengthen their financial positions.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.78%+0.38%+8.07%+17.02%+13.42%+356.18%
State Bank of India
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