Mumbai, July 29 -- Public lender Bank of India today announced that its net profit for first quarter (Q1) for Financial Year 2025-26 ended June 30 increased by 32 percent year-on-year (YoY) to Rs 2,252 crore.
Return on assets (ROA) and return on equity (ROE) for Q1FY26 stood at 0.82 percent and 13.55 percent, respectively.
The bank's net interest margin (NIM) of global and domestic for Q1FY26 stood at 2.55 percent and 2.82 percent, respectively.
Bank's global advances grew by 12.02 percent while domestic advances grew by 11.24 percent YoY.
On asset quality front, Net NPA ratio stood at 0.75 percent improved by 24 basis points (bps) YoY an PCR improved by 83 bps YoY and stood at 92.94 percent.
Slippage ratio for FY26 improved by two...