Athira Sethu
Kochi, 13 Dec 2025
Public sectors banks are witnessing an all round development in their performances with improvement in asset quality. Leading banks like Bank of India and Union Bank posted sound Q2FY26 results.
Here is a snapshot:
Bank of India: Financial Overview for Q2 FY26
| Metric | Q2 FY26 | Q2 FY25 | Change YoY |
| Net Profit | ₹2,555 crore | ₹2,374 crore | +8% |
| Net Interest Income (NII) | ₹5,912 crore | ₹5,986 crore | -1.2% |
| Other Income | ₹2,220 crore | ₹2,518 crore | -12% |
| Net Interest Margin (NIM) | 2.41% | 2.81% | -40 bps |
| Gross NPA | 2.54% | 4.41% | -1.87% |
| Net NPA | 0.65% | 0.94% | -0.29% |
| Loan Loss Provisions | ₹472 crore | ₹1,427 crore | -67% |
| Gross Cash Recovery | ₹1,693 crore | – | – |
| Credit Cost | 0.28% | 0.97% | -69% |
Union Bank of India: Q2FY26:
| Metric | Q2 FY26 | Q2 FY25 | Change YoY |
| Net Profit | ₹4,249 crore | ₹4,720 crore | 9.97% ↓ |
| Net Interest Income (NII) | ₹26,66,481 lakh | ₹26,88,658 lakh | 2.6% ↓ |
| Net Interest Margin (NIM) | 2.67% | 2.9% | 23 bps ↓ |
| Gross NPA | 3.29% | 4.36% | 107 basis points improvement |
| Net NPA | 0.55% | 0.98% | 43 basis points improvement |
| Total Slippages | Rs 2,151 crore | Rs 5,219 crore | 59% ↓ |
