'Bank of India has reported 8% growth in net profit at Rs 2554.57 crore
for the quarter ended September 2025 (Q2FY2026). The bank has posted 1% decline
in net interest income (NII), while the core fee income of the bank also
improved 12% in Q2FY2026. The Net Interest Margin (NIM) of the bank declined to
2.41% in Q2FY2026 compared to 2.81% in the corresponding quarter of previous
year.
On business
front, the bank as has posted 12% growth in business with 14% surge in loan
book. The asset quality of the bank has continued to improve in Q2FY2026. Bank
has raised the credit to deposit ratio to 83.1% at end September 2025 from 80.2%
at end September 2024. The CASA ratio of the bank has declined to 39.4% at end
September 2025 from 41.2% at end September 2024.
Asset
quality improves: The bank has continued to improve asset quality in Q2FY2026.
The fresh
slippages of loans dipped to Rs 895 crore in Q2FY2026 compared with 2149 crore
in previous qua...
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