{
  "id": 16184212,
  "title": "Bank Of India Q2 Net Profit Jumps 25.34% To ₹3,202 Crore, Operating Profit Up 33.19%",
  "url": "https://urgent.news/2026/10/23/bank-of-india-q2-net-profit-jumps-25-34-to-3-202-crore-operating",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T11:50:03.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/bank-of-india-q2-net-profit-jumps-2534-to-3202-crore-operating-profit-up-3319"
  },
  "original_language": "en",
  "account": "Mumbai-based Bank of India announced a significant increase in its net profit for the second quarter of the financial year 2027, with profits jumping 25.34% to ₹3,202 crore. Operating profit also rose 33.19% year-on-year to ₹5,089 crore. For the first half of the fiscal year 2027, the bank's net profit grew by 30% to ₹6,270 crore, and operating profit increased by the same percentage to ₹10,140 crore. Net Interest Income (NII) for Q2 FY27 saw an 18.52% rise to ₹7,007 crore, while for H1 FY27, it grew by 16% to ₹13,840 crore. Gross Non-Performing Assets (NPA) decreased by 24.24% to ₹13,648 crore, and Net NPA fell by 21.47% to ₹3,557 crore. The Gross NPA ratio improved by 94 basis points to 1.60%, and the Net NPA ratio improved by 23 basis points to 0.42%. The bank's Cost to Income Ratio improved by 507 basis points to 47.95%. Global Business expanded by 21.13% to ₹18,92,601 crore, with Global Deposits increasing by 21.59% to ₹10,37,530 crore and Global Advances growing by 20.58% to ₹8,55,071 crore. The Bank of India Kolhapur Zone conducted vigilance awareness activities, and digital banking saw a 25% year-on-year increase in transactions to 2.21 billion. The bank operates a total of 38,566 customer touch points, including 5,611 domestic branches.",
  "summary": "Mumbai: Bank of India on Friday reported a net profit of ₹3,202 crore for the second quarter of financial year 2027, up 25.34 per cent from the previous year. Operating profit for Q2 FY27 stood at ₹5,089 crore, an increase of 33.19 per cent year-on-year. Half-Year Performance For the first half of FY27 (H1 FY27), the bank recorded a net profit of ₹6,270 crore, a 30 per cent improvement…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}