Bank of India has handed over a dividend cheque of ₹1,553.50 crore to the Government of India for the financial year 2025–26, reflecting the public sector lender’s steady performance and continued contribution to the exchequer.
The cheque, dated June 17, 2026, was presented to Union Finance Minister Smt. Nirmala Sitharaman by Shri Rajneesh Karnatak, Managing Director & CEO, Bank of India. The presentation took place in the presence of Smt. Shalini Pandit, Joint Secretary, Department of Financial Services, along with all four Executive Directors of the bank.
Bank of India had declared a dividend of ₹4.65 per equity share, translating to 46.50% for FY 2025–26. The payout underlines the bank’s improved profitability and its focus on delivering value to shareholders, including the Government of India, which remains a key stakeholder in the public sector banking ecosystem.
For the full financial year 2025–26, Bank of India reported a net profit of ₹10,527 crore, registering a growth of 14.19% over ₹9,219 crore recorded in FY25. The bank’s annual performance was supported by consistent business growth, improved earnings momentum and better asset quality.
According to available market updates, Bank of India’s FY26 performance also reflected improvement in key operational indicators, including a rise in global business mix and a decline in gross non-performing assets. Its gross NPA ratio reportedly improved to 1.98%, while the bank’s global business mix grew 14.57% year-on-year to ₹16,98,662 crore.
The dividend payment comes at a time when several public sector banks have continued to strengthen their balance sheets, improve profitability and contribute higher dividends to the government. Such payouts not only reflect the financial health of state-owned banks but also support the government’s non-tax revenue collections.
With this dividend contribution, Bank of India has reaffirmed its commitment to sustainable growth, shareholder value creation and responsible banking. The development also highlights the bank’s role in strengthening India’s public sector banking framework through consistent returns and improved financial performance.
