New Delhi, Jan 21 (.) Bank of India on Wednesday reported a 13 per cent year-on-year growth in operating profit for the third quarter of FY26, with the figure rising to Rs 4,193 crore, reflecting steady business expansion and improved asset quality.
For the nine-month period ended December 2025, the bank’s operating profit increased 4 per cent year-on-year to Rs 12,023 crore. Net profit for Q3 FY26 grew 7 per cent to Rs 2,705 crore, while net profit for the first nine months of FY26 rose 14 per cent to Rs 7,511 crore.
The bank’s profitability ratios showed notable improvement during the quarter. Return on Assets (ROA) increased to 0.96 per cent in Q3 FY26, while Return on Equity (ROE) improved to 15.34 per cent. For the nine-month period, ROA and ROE stood at 0.90 per cent and 14.49 per cent, respectively.
Net Interest Margin (NIM) remained stable, with global NIM at 2.57 per cent and domestic NIM at 2.80 per cent during the quarter. For the nine months of FY26, global and domestic NIM stood at 2.51 per cent and 2.76 per cent, respectively.
On the business front, domestic advances grew by 15.16 per cent year-on-year, while global advances increased by 13.63 per cent. The bank’s global business crossed the Rs 16 lakh crore milestone during the quarter.
Retail advances recorded a strong growth of 20.64 per cent, followed by agriculture advances at 16.69 per cent, MSME advances at 15.77 per cent, and corporate advances at 11.32 per cent. The share of retail, agriculture and MSME (RAM) advances rose to 58.54 per cent.
Deposits grew by 11.64 per cent year-on-year, with domestic deposits rising by 12.80 per cent. CASA deposits increased by 4.48 per cent, and the CASA ratio stood at 37.97 per cent as of December 31, 2025.
Net Interest Income (NII) for Q3 FY26 stood at ₹6,461 crore, while for the nine-month period it reached Rs 18,442 crore. Non-interest income rose sharply by 30 per cent year-on-year to Rs 2,279 crore in the third quarter and increased by 20 per cent year-on-year to ₹6,665 crore during the nine-month period.
Asset quality continued to improve, with the gross non-performing asset (NPA) ratio declining to 2.26 per cent, an improvement of 143 basis points year-on-year. The net NPA ratio improved by 25 basis points to 0.60 per cent.
The provision coverage ratio strengthened to 93.60 per cent, while the slippage ratio for Q3 FY26 improved to 0.16 per cent. Credit cost for the nine-month period declined to 0.42 per cent, and for the third quarter it stood at 0.34 per cent.
The bank’s capital adequacy ratio remained comfortable at 17.09 per cent.
. SAS .