Bank of India — Board Meeting, 09-05-2025: Outcome of Board Meeting

Bank of India has announced a board meeting on approving the financial results for the quarter and half-year. The bank reported a consolidated net profit of ₹954.8 Cr for FY25, up from ₹656.4 Cr last year. Total income rose to ₹8,041.2 Cr, driven by advances of ₹6.53 lakh crore and deposits exceeding ₹8.19 lakh crore. Asset quality improved with Gross NPAs falling to 3.27% from 4.98%, and provision coverage sustained at 92.39%. The board approved a dividend of ₹4.05 per share (40.5%). Capital adequacy stands strong at 18.48%, backing growth amid rising digital and retail banking momentum.