• Advance growth & NIMs: Bank of India's RAM advances grew 20% YoY to form 58% of total advances, with a target to reach 65% over the next 3 to 4 years. Global NIM currently stands at 2.52% (domestic at 2.78%) and is guided between 2.55% and 2.60% over the coming year.
• Asset quality trends: Q1 fresh slippages of around ₹1,800 crore were elevated due to a one-off Maharashtra agriculture loan waiver, but improved YoY from ₹2,100 crore. The SMA book above ₹5 crore moderated to around ₹4,000 crore (0.52% of domestic standard book), with the full-year slippage ratio guided at 0.60%.
• CASA expansion initiatives: While the CASA mix stood at 36.5%, total CASA crossed ₹3,02,000 crore, supported by retail term deposits forming 44% of domestic deposits. The bank is driving deposit growth through over 100 salary account MoUs, dedicated zonal deposit resource centers, and the Star Udan campaign across 1,000 HNI branches.
• Credit cost & recoveries: Q1 credit cost was 0.15% and is expected to normalize around 0.50% for the full year. From a total NCLT book of around ₹31,000 crore, the bank recovered ₹700–750 crore in Q1 and aims to recover approximately ₹3,000 crore across the full year.