BANKINDIANSEBank of India· BanksHighNeutral
Announced Thu, 2 Jul · 12:18 IST

Bank of India Q1 FY27 provisional business figures show 16.58% YoY growth

BANKINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Bank of India reported Q1 FY27 provisional numbers for the quarter ended 30 June 2026. Global business grew 16.58% YoY to roughly 17.56 lakh crore, driven by deposits up 14.92% to 9.58 lakh crore and gross advances up 18.64% to 7.98 lakh crore. Domestic deposits rose 16.17% while domestic gross advances grew 19.12%. Retail, Agriculture and MSME (RAM) domestic advances increased 19.69% YoY. Figures are provisional and pending review by statutory central auditors.

Likely market impact

Strong double-digit growth in deposits and advances points to healthy business expansion, with RAM lending leading. Numbers are provisional, subject to auditor review.