Bank Of India Share Price Jumps After Reporting Q4 Deposits, Advances Growth

Bank of India saw its share price jump nearly 6% after it reported growth in both deposits and advances in the fourth quarter of fiscal 2025.

According to a business update, Bank of India's domestic deposits increased to Rs 7 lakh crore, up from Rs 6.8 lakh crore in the previous quarter.

Global deposits also saw a rise, reaching Rs 8.2 lakh crore, compared to Rs 7.9 lakh crore in the previous quarter. The bank's global business grew to Rs 14.8 lakh crore from Rs 14.5 lakh crore quarter-on-quarter.

In terms of advances, Bank of India reported global gross advances of Rs 6.7 lakh crore, up from Rs 6.5 lakh crore in the previous quarter. Domestic gross advances also increased to Rs 5.6 lakh crore from Rs 5.5 lakh crore quarter-on-quarter.

Bank of India, established in 1906, is one of the leading public sector banks in India. Headquartered in Mumbai, the bank has a vast network of branches and ATMs across the country, as well as international presence.

Shares of the lender rose as much as 5.96% to Rs 118 apiece. They pared gains to trade 2.79% higher at Rs 114.66 apiece, as of 2:40 p.m. This compares to a 0.34% down in the NSE Nifty 50.

The stock has fallen 21.18% in the last 12 months. Total traded volume so far in the day stood at 3.4 times its 30-day average. The relative strength index was at 71.

Out of four analysts tracking the company, three maintain a 'buy' rating, and one suggests 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 8.6%.