Bank of India (BANKINDIA) investor relations material

Executive summary

• Achieved robust YoY growth in global business, advances, and deposits, with strong performance in RAM (Retail, Agriculture, MSME) segments and global business mix up 12.54% YoY.

• Net profit for Q3 FY26 rose 7% YoY to ₹2,705 crore (₹2,70,467 lakh), with 9M net profit up 14% to ₹7,511 crore, reflecting improved profitability.

• Operating profit increased 13% YoY to ₹4,193 crore (₹4,19,279 lakh), with non-interest income up 30% YoY.

• Asset quality improved, with gross NPA ratio down to 2.26% and net NPA at 0.60%, and provision coverage ratio at 93.60%.

• Launched new digital and product initiatives, including gig worker loans, agri-focused schemes, and new credit cards, with continued investment in IT and automation.

Financial highlights

• Global business grew 12.54% YoY to INR 16.27 lakh crores; global advances up 13.63% YoY to INR 7.40 lakh crores; global deposits increased 11.64% YoY to INR 8.87 lakh crores.

• Net interest income for Q3 FY26 was ₹6,461 crore, up 6% YoY; non-interest income for Q3 FY26 was ₹2,279 crore, up 30% YoY.

• Operating profit for the quarter was ₹4,19,279 lakh; net profit at ₹2,70,467 lakh.

• Cost-to-income ratio for Q3 FY26 improved to 52.02%; return on assets at 0.96%; return on equity at 15.34%.

• Basic EPS for the quarter at ₹5.94.

Outlook and guidance

• Guidance for FY26: global advances growth at 13%-14%, global deposit growth at 11%-12%.

• Capital adequacy ratio at 17.09% as of December 31, 2025, with plans to raise additional Tier I bonds.

• Focus on mobilizing low-cost deposits, growing high-yielding advances, maintaining NIM, and expanding digital and ESG initiatives.

• Confident of exceeding current growth guidance due to strong credit pipeline, especially in corporate and RAM segments.

• NIM expected to be maintained around 2.50% for FY26, with Q4 target at 2.60%.