Bank of India has released its provisional financial figures for Q2 FY25, showcasing solid growth across various financial metrics. Here’s a snapshot of their performance:
Global Business & Deposits
- Global Business: The bank’s global business increased by 12% year-on-year, reaching ₹13.96 trillion as of September 30, 2024.
- Global Deposits: Deposits saw a growth of 10.15%, rising to ₹7.75 trillion.
- Global Advances: The bank’s advances showed a robust growth of 14.41%, reaching ₹6.21 trillion by the end of Q2.
Domestic Business Performance
- Domestic Deposits: There was a 12.34% increase in domestic deposits, which reached ₹6.72 trillion.
- Domestic Advances: The domestic advances saw a rise of 14.94%, totaling ₹5.20 trillion.
These figures are subject to review by the bank’s Statutory Central Auditors. The consistent growth across the bank’s business indicates strong performance and expansion both globally and domestically.
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Bank of India