Bank of India Q4 Updates: global business up 14.5%; deposits, advances rise in double digits

State-owned Bank of India reported a steady operational performance for Q4 FY26, with double-digit growth across key business segments, driven by strong credit expansion and deposit mobilisation.

As per its regulatory filing, the bank’s global business rose 14.53% YoY to ₹16.98 lakh crore as of 31 March 2026, compared to ₹14.83 lakh crore in the same period last year.

Strong growth in deposits and advances

The bank’s global deposits increased 13.58% YoY to ₹9.27 lakh crore, up from ₹8.16 lakh crore a year ago. Meanwhile, gross global advances grew 15.69% YoY to ₹7.70 lakh crore, compared to ₹6.66 lakh crore in Q4 FY25.

On the domestic front, total deposits rose 14.33% YoY to ₹8.00 lakh crore, against ₹7.00 lakh crore last year. The momentum in lending remained strong, with gross domestic advances increasing 15.95% YoY to ₹6.53 lakh crore, up from ₹5.63 lakh crore.

The bank’s retail, agriculture and MSME (RAM) portfolio remained a key growth driver. Gross RAM advances surged 18.63% YoY to ₹3.82 lakh crore, compared to ₹3.22 lakh crore in the year-ago period.

Bank of India (BoI) is a major Indian public sector bank, nationalised in 1969 and majority-owned by the Government of India. BoI offers a wide range of financial services across retail banking, corporate banking, and other services.

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The figures are provisional and subject to review by statutory central auditors.