Bank of India - Q4 FY 25 RESULTS

Q4 Financial Year 2025 RESULTS

Balance Sheet :

• Bank’s Global Advances grew by 13.74% with Domestic Advances grew by 14.45% YoY. Bank’s Global Advances crossed ₹ 6 Lakh crores. • Overseas Advances grew by 9.97% YoY. • Retail Advances grew by 19.93% YoY, MSME Advances grew by 18.39% YoY followed by Agriculture Advances which grew by 16.30% YoY and Corporate Advances grew by 9.59% YoY. • Bank’s Deposits grew by 10.65% YoY with Domestic Deposits grew by 11.21% YoY. CASA Deposit grew by 3.86% YoY and CASA ratio stands at 40.28% as on 31st March, 2025. Profitability : • Operating Profit for FY25 grew by 17% YoY to Rs.16,412 crores while Operating Profit for Q4FY25 grew by 37% YoY to Rs.4,885 crores. • Net Profit for FY25 stands at ₹9,219 crores witnessing growth of 46% YoY. Net Profit for Q4FY25 grew by 82% YoY to ₹2,626 crores, • Bank’s ROA and ROE for FY25 stand at 0.90% and 15.27% respectively. • Net Interest Income (NII) for FY25 increased by 6% YoY. • Net Interest Margin (NIM) of Global and Domestic for FY25 stand at 2.82% and 3.10% respectively. • Global and Domestic NIM for Q4FY25 stand at 2.61% and 2.91% respectively. Asset Quality : • Gross NPA ratio at 3.27% improved by 171 bps YoY. • Net NPA ratio at 0.82% improved by 40 bps YoY. • PCR improved by 180 bps YoY and stands at 92.39%. • Slippage Ratio for FY25 improved by 22 bps YoY and stands at 1.36%. Slippage Ratio for Q4FY25 improved by 6 bps YoY and stands at 0.32%. • Credit Cost for FY25 improves by 2 bps YoY to 0.76%. Capital Adequacy: • Capital Adequacy Ratio (CAR) as at the end of FY25 stands at 17.77%. Alternate Channels: • Over 440 services available in Mobile Banking App “BOI Mobile Omni Neo Bank”. • Share of Alternate

Balance Sheet : 

• Bank’s Global  Advances grew by 13.74% with Domestic Advances grew by 

14.45% YoY. Bank’s Global Advances crossed ₹ 6 Lakh crores. 

• Overseas Advances grew by 9.97% YoY. 

• Retail Advances grew by 19.93% YoY, MSME Advances grew by 18.39% YoY 

 

followed by Agriculture Advances which grew by 16.30% YoY and Corporate Advances  grew by 9.59% YoY. 

• Bank’s Deposits grew by 10.65% YoY with Domestic Deposits grew by 11.21% YoY.  CASA Deposit grew by 3.86% YoY and CASA ratio stands at 40.28% as on 31st March, 2025. 

Profitability : 

• Operating Profit  for FY25 grew by 17% YoY to Rs.16,412 crores while Operating Profit for Q4FY25 grew by 37% YoY to Rs.4,885 crores. 

• Net Profit for FY25 stands at ₹9,219 crores witnessing growth of 46% YoY. Net Profit for Q4FY25 grew by 82% YoY to ₹2,626 crores, 

• Bank’s ROA and ROE for FY25 stand at 0.90% and 15.27% respectively. 

• Net Interest Income (NII) for FY25 increased by 6% YoY. 

 

• Net Interest Margin (NIM) of Global and Domestic for FY25 stand at 2.82% and 3.10% respectively.  

• Global and Domestic NIM for Q4FY25 stand at 2.61% and 2.91% respectively. 

Asset Quality : 

• Gross NPA ratio at 3.27% improved by 171 bps YoY. 

• Net NPA ratio at 0.82% improved by 40 bps YoY. 

• PCR improved by 180 bps YoY and stands at 92.39%. 

• Slippage Ratio for FY25 improved by 22 bps YoY and stands at 1.36%. Slippage 

 

Ratio for Q4FY25 improved by 6 bps YoY and stands at 0.32%.  • Credit Cost for FY25 improves by 2 bps YoY to 0.76%. 

Capital Adequacy: 

 

• Capital Adequacy Ratio (CAR) as at the end of FY25 stands at 17.77%. 

 

Alternate Channels: 

 

• Over 440 services available in Mobile Banking App “BOI Mobile Omni Neo Bank”.  • Share of Alternate Channels in total transactions increased from ~93.9% in FY24 to  ~95.9% in FY25.

LIC launches online facility for ‘Premium payment through WhatsApp Bot’

In continuation with its commitment towards ‘Digital Transformation’ and introducing customer centric digital initiatives, Life Insurance Corporation of India (LIC) today unveiled online facility for “Premium payment through WhatsApp bot”.

This feature was launched at the hands of Shri Siddhartha Mohanty, CEO & MD in the presence of Managing Directors, Shri M. Jagannath, Shri Tablesh Pandey, Shri Sat Pal Bhanoo and Shri R. Doraiswamy and other Senior Officials of the Corporation on 9th May, 2025.

This option will provide LIC customers one more alternate option to pay Premium online. Registered Customer portal users can use WhatsApp number 8976862090 to find out the policies which are due for payment and directly make the payment through UPI/Net banking/Cards within the WhatsApp bot. The full Customer journey of identifying policies due for premium till payment and receipt generation happens within the WhatsApp bot.

Speaking on this occasion, Shri Siddhartha Mohanty, CEO & MD, LIC of India, said that this option will provide ease of operations for LIC’s Customers and will be a handy tool to pay LIC premiums from anywhere, anytime through the fast growing medium of WhatsApp. This option will help to enhance efficiency and productivity ensuring better services to LIC’s customers.

LIC’s customer portal has over 2.2 crore registered policyholders, with over 3 lakh customers logging in every day for availing various online services.

CREDAI-MCHI hosts expert panel to decode Bombay High Court’s GST relief verdict on redevelopment projects

(L-R)  Mr. Rohit Jain,  Mr. Sunny Bijlani, and Mr. Harsh Shah share expert insights on GST implications for redevelopment at CREDAI-MCHI’s seminar in Mumbai

 Mumbai, 9th May 2025: CREDAI-MCHI today hosted a focused knowledge seminar at its Mumbai office to decode the implications of the recent Bombay High Court order in the matter of M/s Shrinivasa Realcon Pvt. Ltd. vs. Deputy Commissioner, Anti-Evasion Branch, a ruling that has delivered significant GST relief for homeowners involved in redevelopment projects.

The seminar featured expert insights from a distinguished panel including Mr. Sunny Bijlani, Joint Secretary, CREDAI-MCHI, Mr. Rohit Jain, Deputy Managing Partner at Economic Laws Practice (ELP); and Mr. Harsh Shah, Partner at ELP. The Bombay High Court’s ruling clarified that GST is not applicable where homeowners appoint a developer to carry out redevelopment work, provided there is no sale or transfer of development rights (TDR) or Floor Space Index (FSI). The Court quashed the tax demand under Entry 5B of the relevant GST notification, noting that the agreement was purely for construction and did not involve any transfer of TDR or FSI as per Maharashtra’s Unified DCPR.

Mr. Sunny Bijlani, Joint Secretary, CREDAI-MCHI highlighted, “"If Mumbai is to realise its full redevelopment potential, we must address viability challenges head-on. The stark difference in approval costs—₹55,200 per square metre in Mumbai compared to ₹1,800 in Pune and ₹5,500 in Delhi—shows how disproportionately high our development charges are. When you add layers of GST and regulatory ambiguity to that, projects simply don’t take off. Solving these issues isn't just about helping developers—it's about providing safer homes to thousands living in dilapidated buildings, improving urban infrastructure, and unlocking housing supply. Fixing GST interpretation and aligning taxation to ground realities can significantly accelerate redevelopment. These are low-hanging fruits with massive economic and social impact, and we urge decision-makers to act swiftly."

Mr. Harsh Shah. Partner, Economic Laws Practice (ELP)added, "The confusion around the GST treatment of development rights has resulted in a wave of litigations across the country—with cases pending in Bombay, Delhi, Gujarat, and Karnataka High Courts. The judgement by the Nagpur bench of the Bombay High Court has been misinterpreted in some quarters as a blanket exemption from GST, which is inaccurate. The court merely ruled that GST on development rights is not payable under the reverse charge mechanism—it did not abolish the tax altogether. Until the GST Council or a larger bench of the High Court gives a conclusive verdict, developers remain exposed to legal and financial risk. A clear and consistent interpretation of GST law, in line with the nature of redevelopment transactions, is essential to restore confidence in the sector.”

Mr. Rohit Jain, Deputy Managing Partner, Economic Laws Practice (ELP) mentioned, "The redevelopment model is critical to achieving the goal of ‘Housing for All’, especially in urban centres like Mumbai. However, the current GST regime has inadvertently made many of these projects financially unviable. Developers today face up to four layers of GST—5% on sale to customers, 18% on transfer of development rights, 5% on units handed back to existing residents, and non-creditable GST on construction materials. These cascading taxes severely impact margins and slow down redevelopment. It is important to clarify that despite recent High Court rulings, GST is still applicable—either under forward or reverse charge mechanisms—and the confusion in interpretation must be addressed urgently. CREDAI-MCHI, along with several developers, has made detailed representations to the GST Council, and we hope for swift intervention to reclassify development rights as immovable property, which should not attract GST under prevailing laws."

According to CREDAI-MCHI, over 25,000 buildings in the MMR are eligible for redevelopment, with an estimated project value exceeding ₹30,000 crore. The Maharashtra Housing and Area Development Authority (MHADA) has already initiated structural audits for nearly 13,000 cessed buildings in South Mumbai, underscoring the urgent need for redevelopment.

The judgment is expected to stimulate redevelopment in Mumbai—a city where vertical growth remains the most practical solution amid limited land availability and aging infrastructure.

CREDAI-MCHI reiterated its commitment to facilitating smoother redevelopment processes and supporting housing societies with clearer legal frameworks. The organization also announced its upcoming initiatives, including the second edition of the EODR Exhibition, aimed at showcasing best practices and easing challenges in redevelopment.

 

ABOUT CREDAI-MCHI

CREDAI-MCHI is an apex body comprising members from the Real Estate Industry in the Mumbai Metropolitan Region (MMR). With an impressive membership of over 1800+ leading developers in MMR, CREDAI-MCHI has extended its reach throughout the region, establishing units in various locations such as Thane, Kalyan-Dombivli, Mira-Virar, Raigad, Navi Mumbai, Palghar-Boisar, Bhiwandi, Uran-Dronagiri, Shahapur-Murbad, and most recently in Alibag, Karjat-Khalapur-Khopoli, and Pen. Being the only Government-recognized body for private sector developers in MMR, CREDAI-MCHI is dedicated to promoting the industry’s organization and progress.

 

As a part of CREDAI National, an apex body of 13000 developers across the nation, CREDAI-MCHI has emerged as a preferred platform for regional discussions on housing and habitat by establishing close and strong ties with the government. It is committed to breaking barriers to create a strong, organized, and progressive real estate sector in the MMR.The vision of CREDAI-MCHI is to empower the Real Estate fraternity of the Mumbai Metropolitan Region as it preserves, protects, and advances the right to housing for all. To continue being a trusted ally, guiding their members, supporting the Government on policy advocacy, and assisting those they serve through the ever-evolving real estate fraternity.

 

Website: https://mchi.net/

Della Resorts & Adventure teams up with Hiranandani Communities and Krisala Developers for a ₹1,100 crore themed mega township in Pune

From R to L: Jimmy Mistry - Founder & Chairman of Della Adventures and Resorts, Dr.Niranjan Hiranandani - Chairman Hiranandani Communities & Sagar Agarwal, CMD,  Krisala Developers

With this project, Della Resorts & Adventure will introduce a new asset class in real estate, poised to deliver upto 9% on RE investments

Mumbai, 8th May: In a first-of-its-kind move in the Indian real estate sector, Della Resorts & Adventure has entered into a proprietary CDDMOTM Model with Hiranandani Communities and Krisala Developers to launch a landmark, Racecourse themed mega township in Pune with a revenue potential of INR 1,100 crore. The Themed based hospitality driven model unlocks a new investment class in real estate with a potential to yield upto 9% ROI. This model ensures that the value proposition extends far beyond real estate, creating a curated lifestyle ecosystem that blends unmatched luxury, community, and experiential hospitality.

Spanning over 40 acres in Pune’s rapidly developing North Hinjewadi, the township will include an 8 Acre Racecourse & International Polo Club, 128 Private Villa Plots, 112 Resort Private Residences, 5-star luxury resort with 300 keys, 9 Wedding Destination Venues, 12 Corporate & MICE Venues, Extreme Adventure Park, Della Range Golf, wellness facilities, and experiential spaces anchored by Della’s signature design sensibilities. The township's Contemporary Organic and British Colonial architectural and design style resonates deeply with the aesthetic preferences of a new generation of homeowners and investors who value experiential living, steady returns, and long-term asset growth. 

The visionary behind this milestone development, Jimmy Mistry, Founder and Chairman of Della Resorts and Adventure, said, "This isn’t just another township—it’s the birth of a never-seen-before real estate model in India. With our CDDMOTM approach, we’re transforming real estate from a product into an experience, and from a static asset into a dynamic, yield-generating investment. This is the first time residential real estate is offering returns that exceed traditional industry norms of 3%—breaking conventional expectations giving assured returns of upto 9% on Real Estate investments. This is the luxury future fit living, curated with precision and powered by design, innovation, and operational excellence."

Industry veteran, Dr. Niranjan Hiranandani -Chairman- Hiranandani Communities shared his view on this partnership, “The Indian real estate landscape is undergoing a paradigm shift, driven by homebuyers' rising aspirations for lifestyle-focused living in integrated, one-stop destinations. The industry must embrace trends that emphasize the seamless integration of space and services to enhance customer centricity. As the preferences of modern homebuyers continue to evolve, real estate developers are being nudged to collaborate with allied industries to create innovative ecosystems tailored to meet the needs of aspirational Indian homeowners.

Innovation and trendsetting have always been hallmarks of Hiranandani. Our strategic joint venture with Krisala Developers on a 105-acre township in North Hinjewadi, Pune, marks the Hiranandani Group's entry into Pune’s rapidly growing real estate market. Furthermore, the development management agreement with Della Group strengthens our commitment to delivering curated experiential living spaces. This collaboration aims to redefine lifestyles, enhance the value proposition for both end-users and investors, and set a new standard in the Indian real estate sector.”

Enthused about this collaboration, Mr Sagar Agarwal, CMD, Krisala Developers said, “The 105-acre integrated township we have envisioned with Hiranandani Communities is built on the pillars of scale, sustainability, and smart urbanism. Our 40-acre collaboration with Della Townships is a natural extension of Krisala Developers’ core strength in forging strategic partnerships that elevate both vision and value. This segment will deliver multiple industry firsts in residential real estate, including premium private villa plots, signature residences, a racecourse, a resort, and an adventure park, bringing hospitality into the heart of urban living. Located in North Hinjewadi with seamless access to the Mumbai–Bangalore National Highway, the township is uniquely positioned to attract buyers and investors. Together with Della, we’re creating a destination that blends livability, aspiration, and high-value investment, setting a new benchmark new national benchmark for residential real estate.”

The project is currently in advanced planning stages, with land acquisition completed and design finalization underway. Phase 1 of the township is expected to launch in 3 months with possession slated for early next year for Resort & Villa plots and end 26 for private Residences. This Hospitality led themed Township aims to redefine urban living and become a Cultural Hotspot in Pune and serve as a replicable model across other emerging Indian metros.

About Della Group

Established in 1996 by visionary entrepreneur Jimmy Mistry, Della Group is a diversified enterprise spanning design, hospitality, real estate, and social impact. Renowned for pioneering experiential hospitality in India, Della Group's flagship ventures include Della Resorts, Della Adventure Park, and D.A.T.A. (Della Adventure Training Academy), the country's first military-themed resort offering counter-terrorism training experiences. 

Committed to social impact, Jimmy Mistry founded the Della Leaders Club (DLC), the world's first business platform aimed at transforming lives of success into lives of significance. With a global presence across 15 chapters and over 2,300 members, DLC fosters a community of entrepreneurs, professionals, and young leaders dedicated to positive change.

Della Group exemplifies the integration of luxury, creativity, and social responsibility across every vertical it touches.

https://www.dellagroup.in/ 

https://www.dellaresorts.com/ 

https://www.della.in/townships/

https://www.delladata.com/  

About Krisala Developers

With quality, affordability, and tradition as its foundations, Krisala Developers is known for delivering quality homes and innovative construction solutions for over 13 years in Pune. The organisation has completed over 2.3 million sq. ft. of construction through various residential and commercial projects, earning trust through transparency and consistency. Pioneering quality construction in the real estate industry, Krisala Developers aims to provide world-class property experiences.

Operation Sindoor: India’s Decisive Action Against Terrorism Draws Responsible Global Responses

New Delhi/Mumbai, In the early hours of May 7, the Indian Armed Forces launched Operation Sindoor—a coordinated series of 24 high-precision strikes on nine terror camps across the border in Pakistan. The operation was a direct response to last month’s brutal terrorist attack in Pahalgam, which claimed numerous lives and sparked national outrage. Reaffirming India’s resolve, the Defence Ministry stated, “Those responsible for the attack will be held accountable.”

The international response has been a blend of concern, caution, and conflicting positions. U.S. President Donald Trump expressed regret over the violence and called for de-escalation, a sentiment echoed by Secretary of State Marco Rubio, who said the situation was being closely monitored. Russia’s Foreign Ministry spokesperson Maria Zakharova urged both countries to step back from the brink, while France’s Foreign Minister Jean-Noel Barrot in an interview highlighted the need to protect civilian lives and avoid further escalation. Japan’s Chief Cabinet Secretary Yoshimasa Hayashi and UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan also emphasized diplomacy and dialogue as the only sustainable path forward.

Amid the general calls for restraint, a few nations adopted firmer stances. Israel’s Ambassador to India, Reuven Azar, voiced unequivocal support for India, strongly condemning the Pahalgam attack and affirming India’s right to defend itself against terrorism. In contrast, China expressed concern but described India’s actions as “regrettable,” signaling disapproval. Turkey went further, siding with Pakistan and calling the strikes “unprovoked aggression”

United Nations Secretary-General António Guterres added a global perspective, urging maximum restraint from both sides and warning that the world cannot afford a confrontation between two nuclear-armed states. India has been proactive in its diplomatic outreach following the operation. External Affairs Minister Dr. S. Jaishankar spoke with Qatar’s Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani. Meanwhile, National Security Advisor Ajit Doval engaged with his counterparts across the U.S., UK, Saudi Arabia, UAE, Japan, Russia, China, and France, including U.S. Secretary of State Rubio and UAE’s Sheikh Tahnoon.

Additionally, India has briefed both the Permanent and Non-Permanent members of the United Nations Security Council on Operation Sindoor.

Offline retail remains remunerative in a disruptive online world

 

~Experts deliberate about bottom-line in offline over valuations in online retail~

Mumbai, May 7, 2025: While online is the disruptive buzzword, offline still rules the roost, according to experts speaking at the two-day Phygital Retail Convention 2025 organized by the Images Group.

“Online is a matter of discount in India,” said Kumar Nitesh, CEO - Ajio Business, Trend Footwear - Reliance Retail indicating that margins are much better offline. Average online business is 25%, experts at the panel discussion said beyond, which can drive valuations, but bottom-line bleeds and rest on the offline business. 

Earlier in the day, talking about profitability, P Senthilkumar, Senior Partner, Vector Consulting indicated that fast moving trends in fashions in India is leading to high gross working capital and in turn low inventory turnover.

The long lead time to forecast a trend is leading to inaccuracy in predicting demand as product lifecycle is getting limited to four months, Senthilkumar said, “What was sold in the previous session is no more relevant in the next season in a fast paced industry with changing demand profile,” he said. 

Speaking later in the session, Shiv Shivakumar, Thought Leader and Management Thinker pointed out that apparel segment is all about buy two, get one free and where retail approach in being profit making has failed due to absence of innovation.

Drawing a parallel, Shivakumar said, unlike airlines where the revenue is in rupees and costs incurred in dollars unlike the IT services where it is the other way round, retail must look at the latter to manage their costs, de-risk their model and improve their bottom-line. Beyond fashion retail, experts at the conclave pointed out towards the changing retail universe led by 

experimental behavior among the new age consumers.

Participating in the session, B S Nagesh, Chairman, Shoppers Stop Ltd. & Founder, TRRAIN, called upon the conventional retail grocery stores to adopt technology and scale up their operations as has been established by some of the old age retailers.

Speaking on the changing consumer mindset from their study derived from over 700 voices, Nikhil Bhatia, Managing Director, Capital Markets & Land, CBRE India pointed out that entertainment is the new cornerstone of the experimental economy. According to their study, entertainment led segments had seen a 150% increase with family entertainment centers driving footfalls in metro cities like Pune, Bengaluru and Mumbai that include upscale bowling alleys and gourmet dining, Bhatia said.

About IMAGES Group:

IMAGES Group is the biggest retail intelligence association in South Asia and the Middle East, whose numerous items and administrations work as impetus for the productive development of present day retail through information stage initiative. The Group's knowledge platforms incorporate print and online reportage, research review, and significant yearly business occasions with Conferences, Master-Classes and Workshops serving multiple verticals/fragments/tasks of retail.

WAVEX 2025 Highlights Investment Potential of M&E Startups; working on dedicated angel network for M&E

30 startups were given one-on-one pitching opportunities at WAVES

Mumbai, 4 May 2025

 

WAVEX 2025, the flagship startup initiative under the World Audio-Visual Entertainment Summit (WAVES) being held in Mumbai is a promising intersection of innovation, entrepreneurship, and investment.

Shri Ashutosh Mohle, Joint Director at the Ministry of Information & Broadcasting (MIB), set the tone with a succinct overview of WAVEX, underscoring its vision of nurturing startups in the M&E space and providing a national platform to scale up their ideas.

Sandeep Jhingran, Chief Growth Officer, Internet and Mobile Association of India (IMAI), expressed satisfaction with the promising response to the initiative. “We received over a thousand applications. Thirty of them pitched directly to investors and over half of them are already in active conversations,” he revealed, emphasizing that such efforts are essential to give focused attention to M&E startups.

Investor voices added further perspective to the transformative potential of the initiative. Shri Rajesh Joshi, Venue Partner from Warmup Ventures, reflected on his personal journey from being a startup founder to becoming an investor. “Life has come a full circle…We’re now speaking with 11 startups,” he added.

Shri Mustafa Harnesswala, Founder of CABIL, highlighted the traditional reluctance in funding this space. “Many shy away from investing in media and entertainment. WAVES is shifting that mindset. We’re now working on creating a dedicated angel network for M&E, and even exploring global linkages through collaborations with international governments.”

The panel also fielded questions from the media, offering insight into the evolving startup landscape. When asked how investors differentiate meaningful content, Rajesh cited the example of “Giggle,” a startup app that is creating a platform that helps avoid cyberbullying and sexual content, calling it a benchmark for responsible innovation.

On gender representation, Sandeep acknowledged the limited participation of women entrepreneurs. “We’re committed to doing better. In the future editions we hope to see more women entrepreneurs coming in,” he added.

Expanding on the event’s format, Sandeep Jhingran shared that 30 startups were given one-on-one pitching opportunities in 2 days; Mustafa Harnesswala emphasized the need for monetization strategies for content creators, stating that initiatives like WAVES help bridge that gap.

WAVEX 2025 continues to establish itself as a game-changer in the startup ecosystem for the M&E sector, breaking old boundaries and fostering new opportunities for innovators across India.

 

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