BANKINDIA

Business Profile

Bank of India operates across multiple segments: Retail Banking: Savings, current, and term deposits, home loans, personal loans, and credit cards. Corporate Banking: Working capital finance, term loans, and structured finance solutions for large enterprises. MSME Banking: Dedicated products for small and medium businesses under government credit schemes. Agriculture Finance: Loans for crop production, agri-equipment, and rural development. International Banking: Overseas branches in key financial centers including London, Singapore, Hong Kong, and Nairobi. Management and Ownership CEO & Managing Director: Shri Rajneesh Karnatak Executive Directors: Several senior bankers from public sector background. Ownership: The Government of India holds the majority stake (around 81%), making BOI a fully government-owned entity. Financial Performance (FY24–FY25 Highlights) Net Profit: Strong year-on-year growth driven by lower provisioning and higher NII (Net Interest Income). NII Growth: Improved margins due to better loan mix and repricing of assets. Asset Quality: Gross NPA reduced below 5%; Net NPA below 1.5%, reflecting improvement in credit discipline. Capital Adequacy Ratio: Above 15%, providing sufficient cushion for future credit growth. CASA Ratio: Around 40%, ensuring a stable and low-cost deposit base.