PRESS RELEASE
FINANCIAL RESULTS FOR
Q4 / FY 2014-15
HIGHLIGHTS OF FY 2014-15:
Parameters
Growth
YOY Growth%
Global Business
10.60%
Global Deposits
11.52%
Global Advances
9.44%
CASA deposits
8.46%
Priority Sector Advances
9.76%
MSME Advances
20.68%
Retail Advances
15.38%
PROFITABILITY (Q4 OF 2014-15):
 Net Profit stood at Rs.-56 Crore
 Operating Profit stood at Rs.1,427 Crore
 Net Interest Income stood at Rs.2,846 Crore
 Non-Interest Income stood at Rs.1,122 Crore.
PROFITABILITY (FY 2014-15):
 Net Profit stood at Rs.1,709 Crore
 Operating Profit stood at Rs.7,488 Crore
 Net Interest Income stood at Rs.11,344 Crore
 Non-Interest Income stood at Rs.4,233 Crore.
Head office: Star House, C-5, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051
Website: www.bankofindia.co.in
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Global Business
 Global Business increased from Rs.8,53,202 crore in March 2014 to
Rs.9,43,633 crore in March 2015. (YoY growth: 10.60%).
 Global Deposits increased from Rs.4,76,974 crore in March 2014 to
Rs.5,31,907 crore in March 2015. (YoY growth : 11.52%).
 Global Advances increased from Rs.3,76,228 crore in March 2014 to
Rs.4,11,726 crore in March 2015. (YoY growth: 9.44%).
Domestic Business
 Domestic Business increased from Rs.6,27,850 crore in March 2014 to
Rs.6,87,515 crore in March 2015. (YoY growth: 9.50%).
 Domestic Deposits increased from Rs.3,63,590 crore in March 2014 to
Rs.3,98,000 crore in March 2015. (YoY growth: 9.46%).
 Domestic Advances increased from Rs. 2,64,260 crore in March 2014 to
Rs.2,89,515 crore in March 2015. (YoY growth: 9.55%).
International Business
 International Business increased from Rs.2,25,352 crore in March 2014 to
Rs. 2,56,118 crore in March 2015. (YoY growth: 13.65 %).
 International Deposits increased from Rs.1,13,384 crore in March 2014 to
Rs. 1,33,907 crore in March 2015. (YoY growth: 18.10%).
 International Advances increased from Rs.1,11,968 crore in March 2014 to
Rs. 1,22,211 crore in March 2015. (YoY growth: 9.14%)
CASA
 CASA Deposits increased from Rs.1,05,467 crore in March 2014 to
Rs.1,14,386 crore in March 2015. (YoY growth: 8.46%).
 Savings Deposits increased from Rs.87,136 crore in March 2014 to
Rs.96,389 crore in March 2015. (YoY growth: 10.62%).
 Current Deposits declined from Rs.18,331 crore in March 2014 to Rs.17,997
crore in March 2015. (YoY growth: -1.82%).
Head office: Star House, C-5, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051
Website: www.bankofindia.co.in
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Asset Quality
 Gross NPA ratio stood at 5.39% in March-15 as against 4.07% in Dec-14.
 Net NPA ratio stood at 3.36% in March-15 as against 2.50% in Dec-14.
 Provision Coverage Ratio stood at 52.40%.
Capital Adequacy Ratio

Capital Adequacy Ratio of the Bank under Basel III is 10.73% as on 31.03.15.

Tier I CRAR is 8.17% as on 31.03.15.

Tier II CRAR is 2.56% as on 31.03.15.
Branches & ATMs (Domestic):

As of March 31, 2015, Bank’s network distributed to 4,892 Branches and
6,771 ATMs, with increase of 246 Branches and 2,546 ATMs over 31.03.2014.
Important Ratios (FY 2014-15):

Global NIM stood at 2.11% and Domestic NIM stood at 2.49% for FY 2014-15.

Yield on Advances (Global) stood at 8.36% and Yield on Advances (Domestic)
stood at 11.06% for FY 2014-15.

Cost of Deposits (Global) stood at 5.70% and Cost of Deposits (Domestic)
stood at 7.26% for FY 2014-15.

Business per Employee increased from Rs.19.63 crore in March 2014 to
Rs.20.69 crore in March 2015 and Business per Branch improved from
Rs.182.50 crore in March 2014 to Rs.191.91 crore in March 2015.
Head office: Star House, C-5, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051
Website: www.bankofindia.co.in
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Awards & Accolades:

Bank received “Best MSME Bank” and “Best Bank for operational
performance” awards from CIMSME (Chamber of Indian Micro Small & Medium
Enterprises).

Bank received “Outlook Money Award” for “Best Home Loan Provider” under
Runner up category.

Bank received “Financial Inclusion & Payment System Award” by Elets Media
at New Delhi at the hands of Minister of Rural Development.

Bank received “PMJDY Excellence Award” from Honorable Union Minister

Bank received IBA Award for “Best Financial Inclusion Technology Initiative”
from IDRBT.

Bank received Skoch Group Financial Inclusion Deepening Award

Bank won IT excellence award by ETNOW and VMWare for effectively
implementing Virtualization in the Bank.

Bank received the Award CIO100 2014 for the product Startoken NG.

Bank has received Skoch award for IT innovation.

Bank received “Best HR Technology award, 2014” from Banking Frontiers at
Mumbai.
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Head office: Star House, C-5, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051
Website: www.bankofindia.co.in
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