Bank of India Other Announcement
Bank of India revised its MCLR effective November 1, 2026, lifting the 3-month rate to 8.45%. Fixed Rate Spread rates were also changed.
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Bank of India revised its MCLR effective November 1, 2026, lifting the 3-month rate to 8.45%. Fixed Rate Spread rates were also changed.
Q2 FY27 net profit ₹3,202 Cr (+25% YoY); global business ₹18.93 lakh Cr (+21%); gross NPA 1.60% (from 2.54%). NIM 2.47%. Growth led by RAM; FCNR-scheme deposits.
Bank of India released its unaudited Q2 and H1 FY27 results, with Q2 net profit up 25.34% YoY to ₹3,202 Crore. Global business grew 21.13% YoY to ₹18,92,601 Crore.
Bank of India reported revenue from operations of ₹21,370 Cr (+15.4% YoY) and net profit of ₹3,309 Cr (+28.4% YoY) for Q2 FY27.
Bank of India filed its quarterly Reconciliation of Share Capital Audit Report for Q1 FY27. The routine SEBI Reg 76(1) compliance certificate contains no transaction or business event.
Bank of India will hold a board meeting on October 23, 2026. The board will consider and approve unaudited financial results for the quarter ended September 30, 2026.
Bank of India has declared an exposure of ₹575.40 Crore in Future Enterprise Ltd. as fraud, complying with regulatory disclosure requirements.
Bank of India has revised its Repo Based Lending Rate (RBLR) to 8.35% effective from October 7, 2026, following the RBI's repo rate hike.
Bank of India filed its half-yearly statement of outstanding debt securities as of September 30, 2026, pursuant to SEBI circulars. The total outstanding bond value is Rs. 31,190 Crore.
Bank of India released provisional business figures for Q2 FY27, including global business of Rs. 18,91,663 Crore and global deposits of Rs. 10,37,618 Crore as on September 30, 2026.
Bank of India received 'BBB' and 'BBB-' ratings from S&P and Fitch, respectively, for its newly established USD 1 billion Euro Medium Term Note Programme.
Bank of India redeemed Rs.1,800 Crore of its 7.14% Tier II Bonds Series XV. The bank also paid broken period interest of Rs.64.08 Crore.
Bank of India announced that its MCLR remains unchanged, while updating its Fixed Rate Spread (FRS) effective October 1, 2026. The 1-year MCLR stands at 8.80%.
Bank of India has established a USD 1 Billion Euro Medium Term Note (EMTN) Programme. This framework enables the Bank to issue debt notes in international markets.