BANK OF INDIABank of IndiaNSE:BANKINDIATechnicalAnalystSucritBank of India (currently trading at ₹117) is a leading public sector bank founded in 1906 and nationalized in 1969. Headquartered in Mumbai, it operates over 5,200 branches and 8,100 ATMs across India, with 22 overseas offices in financial hubs like New York, London, Dubai, and Singapore. The bank offers a full suite of services including retail banking, corporate credit, MSME lending, investment banking, and international trade finance. It is a founding member of SWIFT.With total assets exceeding ₹9.12 lakh crore and a business base of ₹14.46 lakh crore, Bank of India plays a pivotal role in India’s credit expansion and financial inclusion strategy. Bank of India – FY22–FY25 Snapshot • Sales – ₹48,500 Cr → ₹52,300 Cr → ₹56,700 Cr → ₹62,100 Cr Growth driven by loan book expansion and fee income • Net Profit – ₹4,028 Cr → ₹4,710 Cr → ₹5,540 Cr → ₹6,200 Cr Earnings uplift supported by NIM improvement and lower credit costs • Operating Performance – Moderate → Moderate → Strong → Strong Cost-to-income ratio declining; digital and retail yields improving • Dividend Yield (%) – 0.40% → 0.50% → 0.60% → 0.70% Progressive payout aligned with profit growth • Equity Capital – ₹3,000 Cr (constant) No fresh equity; capital adequacy comfortably above regulatory norms • Total Debt – ₹0 Cr (deposit-funded) Liabilities driven by CASA and term deposits; no standalone borrowings • Fixed Assets – ₹5,500 Cr → ₹5,700 Cr → ₹6,000 Cr → ₹6,300 Cr Capex focused on branch upgrades and digital infrastructure Institutional Interest & Ownership Trends Promoter holding stands at 73.38% via Government of India. FIIs and DIIs maintain selective exposure, citing asset quality recovery and digital traction. Delivery volumes reflect accumulation by PSU-bank and dividend-focused funds. Business Growth Verdict Bank of India is scaling retail and MSME loan segments while stabilizing corporate credit. NIMs have expanded from 2.8% to 3.1% as liability costs eased. Credit costs have normalized, with PCR rising to 75% from 68%. Digital transactions and fee income growth underpin long-term revenue diversification. Management Con Call • NIM in Q1 FY26 improved to 3.2%, with CASA ratio at 44% • Gross slippage ratio declined to 2.1% from 2.5% YoY; PCR at 75% • Retail loan book grew 18% YoY; corporate loans up 12% YoY • CASA deposits rose 15% YoY; overall deposits grew 14% • FY26 outlook: loan growth guidance of 12–15%, NIM target 3–3.3%, credit cost ~0.9% Final Investment Verdict Bank of India offers a high-conviction PSU-bank play on India’s credit revival and digital banking drive. Its improving NIMs, steady asset-quality recovery and deposit franchise support durable earnings growth. With capital buffers intact, a rising PCR and strong retail-MSME momentum, it’s suitable for accumulation by investors seeking a value-oriented financial-services exposure.