Bank Of India Reports 13.55% Growth in Global Advances, 11.64% Rise in Deposits
Bank Of India has achieved strong operational performance with global advances growing 13.55% year-on-year and global deposits increasing 11.64% yearly as of December 31. The robust growth in both lending and deposit metrics reflects the bank's effective market strategies and operational efficiency in the competitive banking sector.

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Bank Of India has reported encouraging growth figures across its core banking operations, demonstrating strong performance in both lending and deposit mobilization activities as of December 31.
Key Performance Metrics
The bank's operational performance reflects robust growth across critical banking parameters:
| Metric | Growth Rate | Period |
|---|---|---|
| Global Advances | 13.55% | Year-on-Year |
| Global Deposits | 11.64% | Year-on-Year |
Advances Growth Analysis
The bank's global advances have registered a significant year-on-year increase of 13.55% as of December 31. This growth in advances indicates the bank's successful lending operations and its ability to expand its credit portfolio. The robust advance growth reflects strong demand for credit products and the bank's effective market penetration strategies.
Deposit Mobilization Performance
Bank Of India's global deposits have shown healthy growth with an 11.64% yearly increase as of December 31. This deposit growth demonstrates the bank's success in attracting and retaining customers while expanding its deposit base. The positive deposit growth provides the bank with adequate liquidity to support its lending operations and business expansion plans.
Market Position Strengthening
The simultaneous growth in both advances and deposits positions Bank Of India favorably in the competitive banking landscape. These metrics indicate the bank's operational efficiency and its ability to balance lending growth with deposit mobilization, which is crucial for maintaining healthy banking operations and profitability.
Historical Stock Returns for State Bank of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.91% | +1.61% | +2.73% | +23.69% | +28.15% | +246.89% |
















































