Bank of India Q1 FY27 Provisional Results: Business Up 16.58%, Advances Up 18.64%
Bank of India's Q1 FY27 provisional results show global business up 16.58% to ₹17.56 lakh crore. Deposits grew 14.92% to ₹9.58 lakh crore, and gross advances rose 18.64% to ₹7.98 lakh crore. Domestic advances increased 19.12%.
The announcement provides provisional quarterly financial results with significant growth figures, which are important for investors to assess the bank's performance and outlook. However, these are provisional results and subject to audit.
The bank has reported strong year-on-year growth in key financial metrics such as total business, deposits, and gross advances, indicating positive operational performance.
Bank of India has announced its provisional financial results for the first quarter of the fiscal year 2027 (Q1 FY27), ending June 30, 2026. The bank reported significant year-on-year growth across key business segments.
Globally, the bank's total business reached ₹17,55,915 crore as of June 30, 2026, marking a 16.58% increase compared to ₹15,06,142 crore in the same period last year. Deposits grew by 14.92% to ₹9,58,117 crore from ₹8,33,698 crore, while gross advances saw a substantial rise of 18.64%, reaching ₹7,97,798 crore from ₹6,72,444 crore.
Domestically, deposits increased by 16.17% to ₹8,25,157 crore from ₹7,10,277 crore. Gross advances in the domestic market grew by 19.12% to ₹6,73,386 crore from ₹5,65,297 crore. Retail Agriculture and MSME (RAM) advances also showed strong performance, growing by 19.69% to ₹3,92,647 crore from ₹3,28,048 crore.
These provisional figures are subject to review by the bank's Statutory Central Auditors.
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