Bank Of India Share Price Today: Why BANKINDIA Is Rising 3.51% | 19 October 2026

NSE: BANKINDIA · 19 October 2026

Price
₹137.00
Change
+3.51%
High / Low
₹137.27 / ₹132.98
Prev. Close
₹132.36
Volume
1.38 crore
Price as of
19 October 2026 · 03:15 PM IST
Key Takeaways
  • Bank of India shares advanced 3.51% on Monday, closing at ₹137.00 after moving within a session range of ₹132.98 and ₹137.27.
  • Bank of India released its provisional business figures for the quarter ended September 30, 2026, reporting global business of ₹21,07,699 crore, marking a 21.07% year-on-year increase. Global deposits grew 21.60% year-on-year to ₹11,37,618 crore, while global gross advances rose 20.43% year-on-year to ₹9,57,924 crore. Domestic advances also registered strong performance, with RAM advances growing 18.57% to ₹4,12,271 crore.
  • Trading volume was 2.15 times the 20-day average daily volume.

Why is Bank Of India share price rising on 19 October 2026?

Bank of India shares advanced 3.51% on Monday, closing at ₹137.00 after moving within a session range of ₹132.98 and ₹137.27.

The broader market experienced a sharp downturn, with the Nifty falling 1.11%. Despite the weak broader market sentiment, Bank of India managed to register gains, outperforming headline indices as the stock built on a 2.70% return over the preceding five trading days.

The advance follows recent operational disclosures, including the bank's provisional business figures for the second quarter of fiscal 2027 released earlier in the month, which showed global business expanding to ₹21,07,699 crore alongside a 21.60% year-on-year growth in global deposits. While these underlying business updates provide background context on the bank's expansion, no single direct catalyst was officially announced to drive today's specific price action.

1.38 crore shares traded by 19 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 64.32 lakh shares (2.15 times). The five-day average daily volume was 78.41 lakh shares. Separately, the NSE report for 16 October 2026 showed 19.84 lakh shares delivered, representing 43.31% of that day’s traded volume. The same report recorded 26,466 trades.

Likely Reason
Stock-specific buying amid broad market weakness

Bank of India shares gained 3.51% on above-average volume despite a broader market decline led by a 1.11% drop in the Nifty. As no same-day catalyst was disclosed, the move reflects relative outperformance and continued momentum following recent positive return trends.

Latest Company Developments

Provisional Business Figures for Q2 FY27
3 October 2026

Bank of India released its provisional business figures for the quarter ended September 30, 2026, reporting global business of ₹21,07,699 crore, marking a 21.07% year-on-year increase. Global deposits grew 21.60% year-on-year to ₹11,37,618 crore, while global gross advances rose 20.43% year-on-year to ₹9,57,924 crore. Domestic advances also registered strong performance, with RAM advances growing 18.57% to ₹4,12,271 crore.

These figures offer a comprehensive view of the bank's deposit mobilization and credit expansion trends ahead of its detailed financial results.

Change in Repo Based Lending Rate
7 October 2026

The bank revised its Repo Based Lending Rate (RBLR) to 8.35% with immediate effect following the Reserve Bank of India's upward revision of the repo rate. The revised RBLR comprises a repo rate of 5.50% and a constant mark-up of 2.85%, up from the previous effective rate of 8.10%.

Adjusting the benchmark lending rate directly impacts floating-rate retail and corporate loan pricing and asset yields.

Original source →

Classification of NPA Account as Fraud
12 October 2026

Bank of India informed stock exchanges that a non-performing asset account associated with Future Enterprise Ltd., carrying an outstanding amount of ₹575.40 crore, has been classified as fraud and reported to the RBI. The bank has maintained a 100% provision of ₹575.40 crore against the account.

Full provisioning against the declared fraud account limits any unexpected bottom-line stress, though it highlights legacy asset quality challenges.

Original source →

Earnings / operating update
3 July 2026

Union Bank of India shares drop 5% post Q1 business update, global business decline marginally on quarterl.

Company update
4 September 2026

Schedule of Non-deal Roadshow with respect to fund raising through EMTN Program.

Original source →

Ownership & Transaction Activity

Shareholding
As of 30 September 2026
Promoter holding
73.38%
73.38% on 30 June 2026
FII/FPI
7.58%
6.87% on 30 June 2026
Institutional holding
20.97%
20.83% on 30 June 2026

NSE shareholding filing →

Mutual Fund Holdings

Mutual-fund ownership

Mutual funds held 4.12% on 30 September 2026. This compares with 4.13% on 30 June 2026, a change of -0.01 percentage points.

The filing reported 35 MF/UTI holders.

These are quarterly holdings, rather than purchases or sales on the article date.

NSE shareholding filing →

Research & Brokerage Views

Citi
16 October 2026
RatingBuy

Citi cuts target price after SC's Rs 8,415-cr AT-1 bond ruling; check rating Moneycontrol.com

Moneycontrol.com; not a WittyTrades recommendation.
Kotak
8 October 2026
RatingBuy

Top stocks to buy for short term: Kotak Neo's expert suggests IndiGo, Union Bank of India, Sona BLW – Target price Livemint

Livemint; not a WittyTrades recommendation.
HSBC
1 September 2026
RatingHold

HDFC Bank Downgraded To Hold By HSBC; Says Stock Needs Meaningful Reversal In Growth, Margins — Check Target Price NDTV Profit

NDTV Profit; not a WittyTrades recommendation.
Goldman Sachs
21 August 2026
RatingBuy

Sell YES Bank, PNB shares; buy HDFC Bank, ICICI Bank stocks, says Goldman Sachs

Business Today; not a WittyTrades recommendation.

Historical Bulk / Block Deals

GOLDMAN SACHS BANK EUROPE SE ODI
15 October 2026
Sell · 53.38 lakh shares · ₹316.00

Public NSE large-deal marketstats

What to Watch Next

  • Upcoming unreviewed financial results for the second quarter and half year ended September 30, 2026.
  • Management commentary regarding credit growth, net interest margins, and asset quality recovery.
  • Delivery percentage trends relative to today's 43.31% delivery rate to gauge institutional accumulation.
  • Credit rating assessments and updates concerning outstanding bond programs.

Other Dated Coverage

More Bank Of India news and dated analysis →

Frequently Asked Questions

What is the latest Bank Of India company news?

Bank of India released its provisional business figures for the quarter ended September 30, 2026, reporting global business of ₹21,07,699 crore, marking a 21.07% year-on-year increase. Global deposits grew 21.60% year-on-year to ₹11,37,618 crore, while global gross advances rose 20.43% year-on-year to ₹9,57,924 crore. Domestic advances also registered strong performance, with RAM advances growing 18.57% to ₹4,12,271 crore.

How strong was Bank Of India’s trading volume?

1.38 crore shares traded, 2.15 times the 20-day average daily volume. The price and volume data are dated 19 October 2026 · 03:15 PM IST.

Do the mutual-fund figures show buying today?

They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.

Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst

Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.

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