Bank Of India has informed the Exchange about Transcript

Bank of India delivered strong FY26 results with net profit up 14% YoY to Rs 10,527 crore and operating profit up 4% to Rs 17,049 crore. Global advances grew 15.82% to Rs 7.71 lakh crore while deposits rose 13.56% to Rs 9.27 lakh crore. RAM (Retail/Agriculture/MSME) advances now constitute 58.74% of the book. Asset quality improved sharply — Gross NPA fell 129 bps to 1.98% and Net NPA to 0.56%, while credit cost reduced to 0.48%. Global NIM compressed to 2.52% from 2.82% (domestic NIM at 2.78%). Management guided for 15-16% advances growth and 13-14% deposit growth in FY27, targeting domestic NIM of ~2.80% and ROA above 1%. For the new ECLGS 5.0 scheme (2.55 lakh crore outlay), the bank expects to fund Rs 10,000-12,000 crore. ECL framework transition from April 2027 is expected to cost only 0.50% per annum, well absorbed by current capital (CRAR 18.01%). A five-year strategy targets RAM mix rising to 62% by FY29 and advances reaching Rs 11 lakh crore, with a new sales vertical created and 600 new branches planned over three years.