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Bank of India's Global Business Jumps 11.8% in Q2
7 Oct
Summary
- Bank of India's domestic deposits rise 8.5% YoY
- Gross domestic advances increase 14.62%
- Global total business grows 11.8% to ₹15.62 lakh crore
On October 7, 2025, Bank of India Ltd reported robust growth in its global business during the second quarter of the fiscal year 2026. The bank's stock opened higher on the news, trading at ₹126.33, up 0.23% in early trade.
According to the bank's provisional quarterly update, its domestic deposits rose 8.5% year-over-year to ₹7.3 lakh crore, while gross domestic advances increased 14.62% to ₹5.97 lakh crore. Globally, Bank of India's total business grew 11.8% to ₹15.62 lakh crore, with global gross advances rising 13.94% to ₹7.09 lakh crore and global deposits up 10.08% to ₹8.53 lakh crore.
The bank's strong performance in the second quarter has led to a positive market reaction, with the stock trading near its 52-week high of ₹130.24. The bank's consistent growth in both domestic and global operations has contributed to its overall success in the current fiscal year.
