Overview

• BoM reported a net profit of Rs 1,593 crore for Q1 FY26, up 23% year-on-year.
• Total income grew to Rs 7,879 crore, driven by a 17.6% increase in net interest income to Rs 3,292 crore.
• Asset quality strengthened with gross non-performing assets falling to 1.74% and net NPAs to 0.18%.
• The board approved raising Rs 7,500 crore through a mix of debt and equity and issuing Rs 10,000 crore in infrastructure bonds.
• The bank aims for 17% credit growth over the year by opening 321 new branches in high-growth centres.