Bank of India — Important, 29-07-2025: Updates

Bank of India has announced a board meeting that reviewed the financial results for the quarter ended June 30, 2025. Standalone net profit was **Rs 2,252.12 Cr**, with consolidated net profit at **Rs 1,829.56 Cr**. Asset quality improved significantly, as Gross NPAs fell to **2.92%** and Net NPAs to **0.75%**. Provision Coverage Ratio strengthened to **92.94%**. Major operational shifts include Regional Rural Bank amalgamation, resulting in a **Rs 518.80 Cr** exceptional debit on consolidated financials. The bank actively managed its portfolio, acquiring **Rs 703.42 Cr** in performing loans and transferring **Rs 81.11 Cr** in stressed assets. All listed debt security covenants were met.