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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comBank of India, one of India’s leading public sector banks, plays a crucial role in the country’s banking and financial ecosystem. With a strong domestic and international presence, improving asset quality, steady credit growth, and increasing focus on digital banking, Bank of India has regained investor attention in recent years.
Backed by government support, improving balance sheet strength, and rising dividend yield, the bank is positioned to benefit from India’s long-term economic expansion. In this article, we analyze Bank of India share price targets from 2026 to 2030 based on current market data, financial indicators, shareholding structure, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹166.16 |
| Previous Close | ₹166.42 |
| Day’s High | ₹166.30 |
| Day’s Low | ₹159.06 |
| VWAP | ₹162.35 |
| 52-Week High | ₹168.40 |
| 52-Week Low | ₹92.66 |
| All-Time High | ₹589.00 |
| All-Time Low | ₹8.80 |
| Market Capitalization | ₹72,683 Cr |
| Volume | 1,53,96,336 |
| Value (Lacs) | 24,580.25 |
| 20D Avg Volume | 1,28,52,372 |
| 20D Avg Delivery (%) | 38.71% |
| Face Value | ₹10 |
| Book Value Per Share | ₹159.03 |
| Dividend Yield | 2.54% |
| UC Limit | ₹183.06 |
| LC Limit | ₹149.78 |
| Beta | 1.02 |
Bank of India is a government-owned public sector bank with a legacy of over a century. The bank provides a wide range of services including retail banking, corporate lending, MSME finance, agriculture loans, treasury operations, and international banking services.
In recent years, the bank has focused heavily on improving asset quality, reducing NPAs, strengthening capital adequacy, and expanding its digital banking footprint. These initiatives have significantly improved its financial stability and investor perception.
Strong government backing as a public sector bank
Improving asset quality and declining NPAs
Attractive valuation compared to private sector peers
Rising dividend yield supporting long-term investors
Wide domestic and international branch network
Growing credit demand from infrastructure, MSMEs, and retail borrowers
Bank of India has shown consistent improvement in operational efficiency, supported by lower provisioning requirements and better recovery from stressed assets. Net interest income has strengthened due to improved credit growth and stable margins. Analysts also highlight that PSU banks, including Bank of India, are benefiting from India’s credit cycle uptrend and economic expansion.
| Investor Type | Holding (%) |
|---|---|
| Promoters (Government of India) | 73.38% |
| Other Domestic Institutions | 11.12% |
| Foreign Institutions | 5.82% |
| Retail & Others | 5.62% |
| Mutual Funds | 4.05% |
A high promoter holding reflects strong government confidence, while gradual institutional participation indicates increasing market trust in the bank’s turnaround story.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 190 | 215 |
| 2027 | 220 | 250 |
| 2028 | 255 | 290 |
| 2029 | 295 | 335 |
| 2030 | 340 | 390 |
These projections consider sustained credit growth, stable asset quality, improving profitability, and favorable PSU banking sector trends.
By 2026, Bank of India may benefit from consistent loan growth and reduced provisioning burden.
Growth Drivers:
Improving return on assets
Stable interest margins
Better recovery from legacy NPAs
Rising retail and MSME lending
Investment View: Suitable for conservative investors seeking value with moderate growth.
In 2027, operational efficiency and capital discipline are expected to further improve earnings visibility.
Growth Drivers:
Strengthening balance sheet
Controlled cost-to-income ratio
Improved digital adoption
Favorable interest rate environment
Investment View: Attractive for medium- to long-term PSU banking exposure.
By 2028, sustained economic growth and higher credit demand could significantly boost profitability.
Growth Drivers:
Infrastructure and corporate loan expansion
Stable credit quality
Improved cross-selling of financial products
Higher investor confidence in PSU banks
Investment View: Suitable for investors seeking steady compounding.
In 2029, the bank may witness stronger valuation re-rating if earnings growth remains consistent.
Growth Drivers:
Strong capital adequacy
Continued reduction in gross NPAs
Higher dividend payouts
Improved efficiency ratios
Investment View: Favors investors focused on stability and income generation.
By 2030, Bank of India could emerge as a fundamentally strong PSU bank with stable profitability and consistent returns.
Growth Drivers:
Long-term credit expansion in the Indian economy
Strong government-backed banking reforms
Improved return ratios
Stable dividend yield supporting valuations
Investment View: Ideal for long-term investors aiming for wealth preservation and moderate growth.
Bank of India offers a balanced investment opportunity for investors looking at public sector banks with improving fundamentals. While it may not deliver aggressive growth like private banks, its valuation comfort, dividend yield, and balance sheet stability make it appealing for long-term portfolios.
Attractive valuation relative to book value
Consistent improvement in asset quality
Strong government backing
Rising dividend yield
Beneficiary of India’s long-term credit growth
Sensitivity to interest rate changes
Slower growth compared to private sector banks
Policy and regulatory risks
Macroeconomic slowdown impacting credit demand
Monitoring quarterly results and asset quality trends is essential before making large investments.
Bank of India has made a notable turnaround through disciplined lending, improved asset quality, and stronger financial performance. With India’s banking sector expected to grow steadily over the next decade, the bank is well-positioned to benefit from rising credit demand and economic expansion.
Analysts project that Bank of India share price could reach ₹340 to ₹390 by 2030, supported by stable earnings, valuation re-rating, and consistent dividends. For investors seeking long-term exposure to PSU banks with improving fundamentals, Bank of India remains a promising option.
1. What is the current share price of Bank of India?
It is around the levels mentioned in the latest market data table and varies with market movements.
2. What is the Bank of India share price target for 2026?
The expected range for 2026 is ₹190 to ₹215.
3. Is Bank of India a good long-term investment?
Yes, for investors looking for value, dividend income, and stable growth from PSU banks.
4. What is the share price target for 2030?
The projected target range for 2030 is ₹340 to ₹390.
5. What factors influence Bank of India share price the most?
Asset quality, credit growth, interest rates, government policies, and overall banking sector performance.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making any investment decisions.
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