Your Bank's Board of Directors have the pleasure of presenting the Bank's Annual Report on its Business and Operations along with the audited Balance Sheet, Profit & Loss Account for the year ended March 31,2026.

Domestic Business:

• Domestic Business of the Bank registered a growth of YoY 15.10% to reach Rs14.55 lakh crore as on 31.03.2026 as against Rs12.64 lakh crore as on 31.03.2025.

• Current Account and Savings Account (CASA) Deposits increased YoY by 7.29% and stood at Rs 3.01 lakh crore as on 31.03.2026 and CASA Ratio stood at 37.64%.

• Total Domestic Deposits grew by 14.30% YoY to reach Rs 8 lakh crore as on 31.03.2026 as against Rs 7 lakh crore as on 31.03.2025.

• Gross Domestic Advances registered growth of 16.10% YoY, reached Rs 6.54 lakh crore as on 31.03.2026 from Rs 5.64 lakh crore as on 31.03.2025.

• Share of Retail, Agriculture and MSME (RAM) Advances, with an outstanding of Rs 3.84 lakh crore, stood at 58.74% of total advances as on 31.03.2026, compared to 57.26% as on 31.03.2025.

• Priority Sector Lending constituted 46.36% of Adjusted Net Bank Credit against regulatory threshold of 40%.

• Share of Agricultural Credit to Adjusted Net Bank Credit was 19.56% as on 31.03.2026, against the regulatory requirement of 18%.

• Retail Credit grew by 21.19% YoY from Rs 1.34 lakh crore as on 31.03.2025 to Rs 1.62 lakh crore as on 31.03.2026.

• MSME Credit registered growth of 17.68% from Rs 0.91 lakh crore as on 31.03.2025 to Rs 1.07 lakh crore as on 31.03.2026.

• The Domestic CD Ratio stood at 81.74% as on 31.03.2026.

International Business:

• Overseas Business has increased by 11.51% and reached at Rs 2.44 lakh crore as on 31.03.2026 from Rs 2.19 lakh crore as on 31.03.2025.

• Gross International Advances increased by 14.25% and reached at Rs 1.17 lakh crore as on 31.03.2026 from Rs 1.02 lakh crore as on 31.03.2025.

• Total International Deposits increased by 9.11% and reached Rs 1.27 lakh crore as on 31.03.2026 from Rs 1.16 lakh crore as on 31.03.2025.

• The International Business of the Bank accounted for 14.36% of its global business as of 31st March 2026.

Global Business:

• Gross Business of the Bank registered a growth of 14.57% and reached Rs 16.98 lakh crore as on 31.03.2026 from Rs 14.83 lakh crore as on 31.03.2025.

• Total Deposits increased 13.56% and reached Rs 9.27 lakh crore as on 31.03.2026 from Rs 8.17 lakh crore as on 31.03.2025.

• Gross Advances increased by 15.82% and reached Rs 7.71 lakh crore as on 31.03.2026 from Rs 6.66 lakh crore as on 31.03.2025.

Financial Parameters:

• Operating Profit increased by 4% YoY and reached Rs 17,049 crore for FY'26 as against Rs 16,412 crore for FY'25.

• Your Bank has reported Net Profit of Rs 10,527 crore in FY'26 as against Rs 9,219 crore in FY'25 exhibiting a growth of 14% YoY.

• Capital Adequacy Ratio stood at an improved level of 18.01% as on 31.03.2026 as against 17.77% as on 31.03.2025.

• Net Worth increased by 13.96% YoY to Rs 75,278 Crore as on 31.03.2026 from Rs 66,059 Crore as on

31.03.2025.

• Book Value per share was Rs 165.35 as on 31.03.2026.

Asset Quality:

• Gross Non Performing Asset (NPA) - Global declined by 29.62% YoY from Rs 21,749 crore as on 31.03.2025 to Rs 15,306 crore as on 31.03.2026.

• Gross NPA Ratio improved to 1.98% as on 31.03.2026 from 3.27% as on 31.03.2025.

• Net NPA declined by 20.68% YoY and stood at Rs 4,250 crore as on 31.03.2026 as against Rs 5,358 crore as on 31.03.2025.

• Net NPA Ratio improved to 0.56% as on 31.03.2026 from 0.82% as on 31.03.2025.

• Total Special Mention Account (SMA) Portfolio in the Rs 5 crore and above bracket declined to Rs 4,713 crore as of 31st March 2026, as against Rs 5,921 crore on 31st March 2025.

• SMA Portfolio was 0.62% of the Total Gross Advances as on 31st March 2026, compared to 0.92% as on 31st March 2025.

• Provision Coverage Ratio (PCR) of your Bank stood at a healthy 93.57% as of 31st March 2026, as against 92.39% as on 31st March 2025.

The financial performance of the Bank for the year 2025-26 is summarized below:

Key Financial Ratios are presented below:

2. Capital Raised:

During the financial year 2025-26, Bank has raised:

• Rs 2500 crore by way of Tier II bonds (Series XVIII) on

12.12.2025.

3. Funds raised by issuance of long term infrastructure bonds

• During the FY 2025-26, Bank has raised Rs10,000 crore by issue of Long Term Infrastructure Bond for a tenor of 10 years on 26.12.2025.

4. Capital Adequacy:

• As per Basel III Framework, Bank's Capital Adequacy Ratio was 18.01% as on 31.03.2026, which is higher than the regulatory requirement of 11.5%.

• Details of Capital Adequacy (Basel III) are as under:

Dividend:

• Your Bank has recommended a dividend of Rs 4.65 per equity share for the financial year 2025-26, amounting to a total payout of Rs 2,116.99 crore.

5. Key Business Initiatives

• During FY26, Your Bank has introduced Bharat Connect Biller Operating Services, designed to enhance digital payment capabilities for its corporate clients. Through this service, eligible corporate clients can get themselves on boarded as billers on the Bharat Connect Platform and offer their customers multiple digital payment options, ensuring wider reach, faster collections, and improved customer convenience.

• Under the Deen Dayal Jan Awas Yojana - Shehari (DJAY-S) scheme, the Bank is driving urban growth by providing loans up to Rs 20.00 lakh for JLGs, Rs 1.50 lakh for SHGs and Rs 4.00 lakh for individuals, specifically targeting youth and vulnerable occupational groups. This initiative features a supportive 5% interest subvention and CGTMSE cover to ensure affordable, low risk credit access. By fostering small scale manufacturing and financial inclusion, the Bank is committed to building a more resilient and self-reliant urban economy.

• On the occasion of its 120th Foundation Day, on 07.09.2026, Your Bank inaugurated 101 new branches across India, continuing its growth trajectory of adding a total of 201 new branches during FY26, bringing the total branch count to over 5,500. With this, and including the extensive network of ATMs, Cash Recycler Machines (CRMs) and Business Correspondents (BCs), Your Bank now has a growing network of over 38,000 customer touchpoints.

• During FY26, the Bank has launched two key One Time Settlement (OTS) initiatives: RsStar Sanjeevani 2025' for NPA accounts with outstanding up to Rs

1.00 crore, and RsBOI OTS 2025' targeting recoveries between Rs 1.00 crore and Rs 50.00 crore. Both the schemes cover Doubtful, Loss, and Regular Written- off categories, streamlining debt resolution across its portfolio.

• In a strategic move to provide better service to its enterprise partners, Your Bank is doubling its specialized corporate credit network by opening 10 new Emerging Corporate Credit Branches (ECCBs), bringing the total to 20 centers nationwide.

• Your Bank has revolutionized Supply Chain Finance (SCF) with the launch of the BOI Trade Easy (LMS) Platform. This digital interface offers corporate entities dashboard access for real time invoice management, seamless fund transfers, and automated Straight- Through Processing (STP) for disbursements. By simplifying dealer-vendor onboarding and utilizing FIFO-based invoice reconciliation, the Bank is providing its business partners with an agile, transparent, and highly efficient tool for liquidity management.

• The Bank has established the BOI Social Foundation Trust to undertake, implement and monitor its CSR initiatives. This non-profit trust will ensure transparent, structured and sustainable implementation of the Bank's community and social welfare initiatives.

Fraud

• The Bank has deployed MuleHunter.AI, developed by Reserve Bank Innovation Hub (RBIH), for identification of mule accounts. The system enables real time detection and immediate debit freeze of accounts involved in fraudulent and suspicious activities.

• Velocity checks have been implemented for accounts with age up to six months. Accounts exceeding predefined thresholds - such as abnormal transaction volumes or transactions beyond 2-3 times the declared annual turnover - are flagged and immediately debit frozen subject to Enhance Due Diligence (EDD). Based on EDD outcomes, appropriate restrictions are imposed.

• The Bank has integrated Financial Fraud Risk Indicators (FRIs) for monitoring digital transactions. Transactions assessed as high risk, based on risk scores provided by the Department of Telecommunications (DoT), are declined in real time to prevent potential frauds.

• All transactions, along with alerts received from I4C, NPCI, and Law Enforcement Agencies (LEAs), are processed through an AI/ML based AML/CFT monitoring system: configured with 125 Red Flag Indicators (RFIs) including 23 related to Cyber enabled financial frauds, prescribed by FIU-IND and supported by 72 offline RFIs operationalized at branch level.

7. HR Transformation Initiative

• The Bank has expanded its Job Family framework from 8 to 11 distinct categories, adopting a data- driven approach to talent allocation. By aligning roles with employee preferences, qualifications, and performance, this policy integrates closely with Learning & Development through specialized training and Centers of Excellence. This initiative offers greater career flexibility, ensuring every employee has a clear, growth-oriented path tailored to their aspirations.

• To enhance customer service across diverse geographies, the Bank has introduced a voluntary Regional Language Training Program in collaboration with CIIL, Mysuru. This initiative encourages officers of the Bank to master local languages through a certification process. By bridging linguistic barriers, the Institution is fostering deeper community connections and delivering a more personalized banking experience.

• The Bank has launched a customized certificate program in Quantitative Finance & Risk Management (QFRM) in collaboration with the Indian Institute of Quantitative Finance. This initiative aims to build an elite pool of experts in advanced quantitative financing and risk management, ensuring its workforce is equipped with specialized skills needed for modern day banking challenges.

• As part of the StarLight Initiative, Bank of India has launched a new suite of Centers of Excellence (CoEs) to revamp staff training colleges into modern learning hubs designed to build future ready skills, boost professional growth, and foster a learning culture across the organization.

8. IT Transformation Initiatives

Under Project Star Nextech, the Bank has revamped its IT vertical to drive digital and technical transformation across all operations. A key milestone is the creation of the IT Governance & Excellence Department, aimed at fostering agility, innovation, and customer-centric approach. This strategic restructuring aligns its technical capabilities with global standards, ensuring enhanced collaboration, secure compliance, and robust talent management for a digital-first banking future.

9. Awards and Recognition: Unlocking our Potential

• Your Bank has been recognized as the 2nd Best Top Improver by the IBA at the EASE 7.0 Annual Citation Ceremony, achieving a remarkable 99.2% improvement over the baseline in Q4 FY25 and reaffirming its commitment to the EASENext Strategic 3-Year Roadmap for FY2025-27. Demonstrating strong performance in technological and operational development, the Bank also ranked 3rd under the EASE framework's Innovation theme during Q3 FY26.

• The Bank received the award for Best Bank for Promoting Social Schemes under the MSME Banking Excellence Awards 2025, recognizing its significant contribution toward promoting and implementing government backed social schemes across MSME sector.

• The Bank was awarded the Best Digital Adoption under CGTMSE during the CGTMSE Silver Jubilee Awards (2025) for achieving the highest guarantee coverage through digital mode using API based processes, which has improved turnaround time.

• The Bank was honored with the SKOCH Gold Award - MSME Growth (BFSI) in the Gold Category for BFSI, acknowledging its outstanding performance and strategic initiatives in expanding MSME financing and supporting economic development.

• The Bank was recognized as the Winner of APY Annual Awards by the PFRDA for FY 2024-25 for achieving 126% of its enrolment target.

• Bank of India was honored for Excellence in AML Measures at the FinCrime Expert Conclave in Mumbai, held on September 10, 2025. This recognition underscores the Institution's continued dedication to robust compliance frameworks, advanced fraud prevention, and safeguarding customer information against financial crime.

10. Advancing Value Creation through Environmental, Social, and Governance (ESG) Excellence

As a leading financial institution, the Bank is deeply committed to driving sustainable economic growth and fostering a resilient future for all our stakeholders. The Bank is actively integrating Environmental, Social, and Governance (ESG) criteria into its core lending frameworks and investment decisions, ensuring that capital is strategically directed toward businesses that champion green innovation and social equity.

• Your Bank crossed a total green finance exposure of Rs 14.000 crore.

• The Bank mobilized Rs 930.07 crore in green deposits during FY26.

• Rooftop solar power was sanctioned for more than 30.000 households.

• Through the Star Energy Saver Scheme, 672 SMEs received upgrades for energy efficient machinery.

• A sum nearing Rs 2,600 crore was sanctioned for Sustainable Water and Waste Management projects.

• All three Head Office buildings at BKC achieved the Leadership in Energy and Environmental Design (LEED) Gold Category Green Building Certification.

• A total of 30 owned administrative and residential premises were successfully solarized. These solarization efforts established a total installed capacity of 630 kW.

• Care Edge-ESG assigned the institution a premier RsCare Edge ESG-1' rating. This operational excellence is highlighted by an overall ESG score of 74.5.

• Financial Inclusion reached a milestone of 2.96 crore PMJDY accounts. Over 21 lakh farmers received critical support via Kisan Credit Cards (KCC).

• Financing extended to over 3.57 lakh women Self Help Groups (SHGs) to catalyze economic independence.

• Out of 47 lakh total MUDRA beneficiaries, women account for 37% of the total.

. Vision, Strategy and Future Outlook

• Expand the Bank's Retail, Agriculture and MSME (RAM) lending portfolio by deepening relationships with our existing customer base while actively expanding into new customer segments.

• Continue to optimize the funding profile while leveraging digital onboarding to capture high velocity, low cost deposits from emerging retail segments.

• Remain committed to fortifying asset quality by integrating robust assurance functions into credit lifecycle, utilizing early warning frameworks for predictive stress detection and compliance audits to ensure proactive NPA containment and disciplined NPA management.

• Adopt a multi-pronged approach to increase the Bank's Corporate Clientele and expand the Mid Corporate Segment through Emerging Corporate Credit Branches

• Harness the revamped IT architecture to drive digital straight-through processing and enhanced crossselling, while strengthening the assurance framework through rigorous monitoring, secure governance, and integrated risk management to ensure a seamless and compliant customer experience..

12. Directors' Responsibility Statement

The Directors confirm that in the preparation of the annual accounts for the year ended March 31,2026:

a) The applicable accounting standards have been followed along with proper explanation relating to material departures, if any,

b) The accounting policies framed in accordance with the guidelines of the Reserve Bank of India were consistently applied. Reasonable and prudent judgements and estimates were made so as to give a true and fair view of the state of affairs of the Bank and for preventing and detecting fraud and other irregularities,

c) Proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of applicable laws governing banks in India for safeguarding the assets of the Bank and for preventing and detecting fraud and other irregularities,

d) Annual accounts have been prepared on a going concern basis,

e) Internal financial controls system to be followed by the Bank were laid down and that such internal financial controls are adequate and were operating effectively,

f) Proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.