Global Business
₹16.98 lakh crore
+14.6% YoY
Total global business (deposits + advances) grew to ₹16.98 lakh crore from ₹14.63 lakh crore.
BANKOFINDIA
Financial Services
15 May 2026
Bank of India Ltd — Q4 FY26
Bank of India reported a strong Q4 FY26 with net profit of ₹10,527 crore (up 14% YoY) driven by robust business growth and improved asset quality.
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Bank of India reported a strong Q4 FY26 with net profit of ₹10,527 crore (up 14% YoY) driven by robust business growth and improved asset quality. Global business grew 14.6% to ₹16.98 lakh crore, with deposits up 13.6% and advances up 15.8%. Asset quality improved significantly: GNPA ratio fell 129 bps to 1.98% and NNPA to 0.56%. Management guided for 15-16% credit growth and 13-14% deposit growth in FY27, targeting domestic NIM of ~3% and ROA of 1%. Key risks include geopolitical headwinds impacting MSMEs and potential credit cost increase from ECL implementation (estimated 10 bps annual impact).
Key Numbers
CASA Ratio
37.64%
-240 bps YoY
CASA ratio declined from ~40% in FY25 to 37.64% due to structural shift in deposits.
Gross NPA Ratio
1.98%
-129 bps YoY
GNPA ratio improved to 1.98% from 3.27% in FY25, reflecting better asset quality.
Credit Cost
0.46%
-30 bps YoY
Credit cost improved to 0.46% in FY26 from 0.76% in FY25.
Management Guidance
Credit growth guidance of 15-16% for FY27
Global advances expected to grow 15-16% in FY27, driven by RAM and mid-corporate segments.
Management guidance growthDeposit growth guidance of 13-14% for FY27
Global deposits targeted to grow 13-14% in FY27, with focus on CASA and retail term deposits.
Management guidance growthDomestic NIM target of ~3% by March 2027
Management aims to improve domestic NIM from 2.78% to near 3% by end of FY27 through better yield and lower cost of deposits.
Management guidance marginsROA target of 1% for FY27
Bank expects to achieve ROA of 1% for the full year FY27, up from 0.93% in FY26.
Management guidance marginsKey Risks
Geopolitical headwinds impacting credit quality
Rising crude prices, supply chain disruptions, and interest rate hikes may stress MSME and export-oriented sectors.
medium · analyst_questionECL implementation impact on credit cost
Transition to ECL guidelines from April 2027 may increase credit cost by ~10 bps annually, though management expects smooth transition.
low · management_commentaryCASA ratio decline and deposit cost pressure
CASA ratio fell to 37.64% from ~40% due to structural shift, potentially increasing cost of deposits if not reversed.
medium · data_observationState PSU slippage risk
Three state PSUs in SMA category may slip into NPA if cash flows don't improve, though management is confident of recovery.
medium · management_commentaryNotable Quotes
We have already done lot of homework and preparation since the draft guidelines have come. We have onboarded one of the big fours for the transitioning towards the ECL regime.
We want to increase our MCLR advances. Second part is that we want to increase more of our RAM advances because there the margins are much better.
We are very cognizant of the fact that whatever accretion of the advances which we do... majority of that advances raising will be happening through the raising of deposits.
Frequently Asked Questions
What was Bank of India's revenue in Q4 FY26?
Bank of India reported revenue of — in Q4 FY26, representing a — change compared to the same quarter last year.
What guidance did Bank of India management give for FY27?
Credit growth guidance of 15-16% for FY27: Global advances expected to grow 15-16% in FY27, driven by RAM and mid-corporate segments. Deposit growth guidance of 13-14% for FY27: Global deposits targeted to grow 13-14% in FY27, with focus on CASA and retail term deposits. Domestic NIM target of ~3% by March 2027: Management aims to improve domestic NIM from 2.78% to near 3% by end of FY27 through better yield and lower cost of deposits. ROA target of 1% for FY27: Bank expects to achieve ROA of 1% for the full year FY27, up from 0.93% in FY26.
What are the key risks for Bank of India in FY27?
Key risks include Geopolitical headwinds impacting credit quality — Rising crude prices, supply chain disruptions, and interest rate hikes may stress MSME and export-oriented sectors.; ECL implementation impact on credit cost — Transition to ECL guidelines from April 2027 may increase credit cost by ~10 bps annually, though management expects smooth transition.; CASA ratio decline and deposit cost pressure — CASA ratio fell to 37.64% from ~40% due to structural shift, potentially increasing cost of deposits if not reversed.; State PSU slippage risk — Three state PSUs in SMA category may slip into NPA if cash flows don't improve, though management is confident of recovery..
Did Bank of India meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Bank of India Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.