New Delhi — In a significant financial milestone, Bank of India (BOI) presented a dividend cheque of ₹1,353.05 crore to the Honourable Union Finance Minister Nirmala Sitharaman for the financial year 2024–25. This substantial payout reflects the bank’s robust financial performance and its continued commitment to delivering value to its stakeholders, including the Government of India.
Highest-Ever Payout Demonstrates Growth Momentum
This year’s dividend marks a substantial increase over the previous year’s payout of ₹935.44 crore for FY 2023–24, highlighting Bank of India’s upward growth trajectory and operational efficiency.
The bank’s ability to scale its dividend in line with growing profits also positions it among the top-performing public sector banks in terms of shareholder returns.
Record Date and Dividend Details
Earlier, the Bank of India board declared a final dividend of ₹4.05 per equity share on May 9, 2025. The record date to determine eligible shareholders for the dividend was fixed as June 20, 2025.
Symbol of Financial Prudence and Public Sector Strength
This impressive dividend payout not only reinforces BOI’s focus on financial discipline and transparency but also contributes significantly to the Government’s non-tax revenue—a critical component in fiscal planning.
The move reflects BOI’s broader strategy of balancing profitability, stakeholder returns, and capital adequacy, while supporting national financial priorities.
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About BOI
Bank of India (BOI) is a state-owned Indian banking and financial services company. It was founded in 1906 and is one of the oldest and largest public sector banks in India. BOI offers a wide array of banking and financial services to individuals, SMEs, and large corporations, including deposit accounts, loans, credit cards, insurance, and investment products.
