BANKINDIA · price
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Bank of India's Board has recommended a dividend of Rs. 4.65 per equity share (46.50% on face value of Rs. 10) for FY2025-26, subject to shareholder approval at the AGM on 15th June 2026. The record date for dividend eligibility is 29th May 2026. For FY2025-26, the bank reported standalone net profit of Rs. 1,052.72 crore, up 14.2% from Rs. 921.90 crore in the previous year. Total income grew to Rs. 8,503.55 crore from Rs. 7,981.99 crore. Basic EPS improved to Rs. 23.12 from Rs. 20.25. Asset quality improved significantly with gross NPA at 1.98% (down from 3.27%) and net NPA at 0.56% (down from 0.82%). Capital adequacy ratio stands at 18.01%.
The recommended dividend reflects the bank's improved financial performance with strong profit growth and better asset quality. Shareholders on the register as of 29th May 2026 will receive Rs. 4.65 per share.