Bank of India announced H1FY25 & Q2FY25 results Financial Highlights: Global Business incroreeased by 12.05% YoY. Global Deposits incroreeased by 10.15% YoY. Global Advances incroreeased by 14.51% YoY. Advances (Dom.) incroreeased by 15.03% YoY. RAM Advances grew by 19.74% YoY and it constitutes 57.70% of Advances. Retail croreedit grew by 21.61% YoY. Agriculture croreedit grew by 21.46% YoY. MSME croreedit grew by 15.42% YoY. CASA deposits incroreeased by 7.26% YoY and CASA ratio at 41.18%. Net Profit incroreeased by 62.76% YoY to Rs 2,374 crore. Operating Profit incroreeased by 10.43% YoY to Rs 4,147 crore. Non-Interest Income incroreeased by 49.15% YoY to Rs 2,518 crore. Gross NPA ratio down by 143 bps YoY to 4.41%. Net NPA ratio down by 60 bps YoY to 0.94%. Provision Coverage Ratio (Pcrore) at 92.22%. croreAR improved by 100 bps to 16.63%, with CET-1 ratio at 13.52%. Profitability Q2FY25: Net Profit for the quarter improved by 63% YoY and stood at Rs 2,374 crore for Q2FY25 against Rs 1,458 crore in Q2FY24. Operating Profit incroreeased by 10% YoY and stood at Rs 4,147 crore for Q2FY25 against Rs 3,756 crore in Q2FY24. Net Interest Income (NII) incroreeased by 4% YoY and stood at Rs 5,986 crore for Q2FY25 against Rs 5,740 crore for Q2FY24. Non-Interest Income incroreeased by 49% YoY and stood at Rs 2,518 crore for Q2FY25 against Rs 1,688 crore in Q2FY24. Operating Expenses stood at Rs 4,355 crore for Q2FY25 against Rs 3,672 crore in Q2FY24. Profitability H1FY25: Net Profit incroreeased by 35% YoY and stood at Rs 4,076 crore in H1FY25 against Rs 3,009 crore in H1FY24. Operating Profit improved by 4% YoY and stood at Rs 7,825 crore in H1FY25 against Rs 7,508 crore in H1FY24. Net Interest Income (NII) incroreeased by 5% YoY and stood at Rs 12,261 crore in H1FY25 against Rs 11,653 crore in H1FY24. Non-Interest Income incroreeased by 21% YoY and stood at Rs 3,820 crore in H1FY25 against Rs 3,150 crore in H1FY24. Operating Expenses stood at Rs 8,256 crore in H1FY25 against Rs 7,296 crore in H1FY24. Asset Quality: Gross NPA declined by 13% YoY from Rs 31,719 crore in Sep’23 to Rs 27,456 crore in Sep’24. Net NPA declined by 29% YoY from Rs 7,978 crore in Sep’23 to Rs 5,649 crore in Sep’24. GNPA ratio improved by 143 bps from 5.84% in Sep’23 to 4.41% in Sep’24. Net NPA ratio improved by 60 bps from 1.54% in Sep’23 to 0.94% in Sep’24. Provision Coverage Ratio (PCR) stood at 92.22% in Sep’24. Capital Adequacy: Bank's total Capital Adequacy Ratio (CRAR) improved by 100 bps and stood at 16.63% as on 30.09.24 against 15.63% as on 30.09.23. CET-1 ratio stood at 13.52% as on 30.09.24. Result PDF