Bank of India Reports 7% Rise in Q3 Net Profit with Improved Asset Quality

Bank of India reported a 6.7-7.5% rise in net profit for the third quarter of fiscal 2026, with figures ranging from Rs 2,705 crore to Rs 2,812 crore across sources. The growth was supported by a 6% increase in net interest income to around Rs 6,461 crore and a 30% rise in non-interest income. Asset quality improved, with gross non-performing assets falling to approximately 2.26%. Advances and deposits also grew, while net interest margin narrowed to about 2.57-2.6%. The bank aims to sustain loan growth amid margin pressures.