Bank Of India
Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founding member of SWIFT (Society for Worldwide Inter Bank Financ...
Key Metrics
EPS
14.42
Current ratio
0.11
Debt/Equity
12.09
Debt/EBITDA
78.57
Interest coverage ratio
-
Operating Cashflow to total debt
-0.01
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Expectation of strong support from the government
Established market position
Comfortable resource profile
Sustained improvement in asset quality and profitability with the bank reporting RoA of over 0.8% on a steady-state basis
Considerable improvement in capitalisation metrics with significant cushion over the regulatory requirement
Liquidity: Strong
Cons
Weak, albeit improving asset quality
Average earnings, however, on an improving trend
Decline in capital adequacy ratios below minimum regulatory requirements (including capital conservation buffer, which is Tier I of 9.5% and overall CAR of 11.5%) for an extended period
Material changes in shareholding and/or expectation of support from GoI.
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About Bank Of India bond.
This comprehensive profile covers key factual information about Bank Of India. Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective financial processing and communication services. As on 31 December 2023, Bank of India's total business stands at ₹1,272,887 crore (US$150 billion), has 5,139 branches and 8166 ATMs & CRM around the world (including 22 overseas branches). EPS in Mar-2024 was 14.42. Current ratio in Mar-2024 was 0.11. Debt/Equity in Mar-2024 was 12.09. Debt/EBITDA in Mar-2024 was 78.57. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.01. Total revenue for Mar-2025 (E) was ₹77428.33. Net income for Mar-2025 (E) stood at ₹7703.24. Total assets as of Mar-2024 were ₹925,922.26. Operating cash flow for Mar-2024 was ₹-4,436.94. Peers and comparison entities consist of Bank Of India, State Bank of India, Bank of Baroda Limited, Punjab National Bank. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Expectation of strong support from the government; Established market position; Comfortable resource profile; Sustained improvement in asset quality and profitability with the bank reporting RoA of over 0.8% on a steady-state basis; Considerable improvement in capitalisation metrics with significant cushion over the regulatory requirement; Liquidity: Strong. Key risks include: Weak, albeit improving asset quality; Average earnings, however, on an improving trend; Decline in capital adequacy ratios below minimum regulatory requirements (including capital conservation buffer, which is Tier I of 9.5% and overall CAR of 11.5%) for an extended period; Material changes in shareholding and/or expectation of support from GoI.. Leadership team details include Abhijit Bose (Chief General Manager), Ashok Kumar Pathak (Chief General Manager), Ashok Narain (Nominee Director), B Kumar (CFO & General Manager), Bhushan Kumar Sinha (Government Nominee Director), Geetha Nagarajan (General Manager), Kuldeep Jindal (General Manager), M Karthikeyan (Executive Director), M R Kumar (Non Executive Chairman), Munish Kumar Ralhan (Part Time Non Official Director), Nitin Govindrao Deshpande (Chief General Manager), P R Rajagopal (Executive Director), Prashant Thapliyal (Chief General Manager), Rajesh Sadashiv Ingle (Chief General Manager), Rajesh V Upadhya (Company Secretary & Compliance Officer), Rajiv Mishra (Executive Director), Rajneesh Karnatak (Managing Director & CEO), Rajnish Bhardwaj (General Manager), Subrat Kumar (Executive Director), Sudhiranjan Padhi (Chief General Manager), V V Shenoy (Shareholder Director), Veni Thapar (Shareholder Director), Vikash Krishna (General Manager), Vishnu Kumar Gupta (Chief Vigilance Officer), Vivekanand Dubey (General Manager). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.