Exclusive: BoI's MD & CEO Rajneesh Karnatak On Q2 Earnings, NPA, MSME Lending, Deposits & FY25 Plans

Bank of India has delivered an outstanding performance in Q2 FY25, with profits soaring by 63% YoY to reach ₹2,374 crore. In an exclusive interview with Business Today TV, Rajneesh Karnatak, MD & CEO of Bank of India, shares insights into the impressive growth and upcoming plans. Key highlights include a 10% increase in operating profit to ₹4,147 crore and a 4% rise in Net Interest Income to ₹5,986 crore. Non-interest income saw a substantial boost of 49% YoY, reaching ₹2,518 crore. Notably, Global Business expanded by 12.05% YoY to ₹13,97,100 crore, with domestic advances growing 15.03% YoY and retail credit up by 21.61%. Despite a slight dip in NIM, the bank achieved significant improvements in Return on Assets (RoA) and Return on Equity (RoE). Watch this exclusive conversation to learn more about Bank of India’s robust performance and strategic vision for the future.