Bank of India Share Price Target 2026, 2027, 2028, 2030, 2040, 2050

Join WhatsApp Group

When looking at the Indian banking sector, Public Sector Undertaking (PSU) banks like Bank of India hold a unique place. After a period of challenges, many PSU banks are now showing strong signs of recovery. This article provides a detailed Bank of India share price target for the years 2026, 2027, 2028, 2030, 2040, and 2050.

We will explore the bank’s history, its current financial health, the factors that could drive its growth, and the risks it faces.

Share price target

Bank of India (BOI) is one of India’s oldest and most prominent nationalised banks. It was founded in 1906 and was later nationalised by the Government of India in 1969 along with 13 other major banks. This move was aimed at spreading banking services across the country.

With over a century of experience, Bank of India has built a strong domestic and international presence. It offers a full range of banking products and services to its customers, including:

Retail Banking: Savings accounts, fixed deposits, and loans for individuals (home, car, personal).
Corporate Banking: Working capital, term loans, and other services for businesses.
Treasury Operations: Managing investments, foreign exchange, and money market operations.
International Banking: It has a significant network of branches and offices overseas, serving a global customer base.

Its core strength is its vast branch network, especially in semi-urban and rural areas, and its deep trust among customers.

Business Overview: The Scale of a Public Sector Bank

Bank of India operates on a massive scale, which is typical of India’s PSU banks. Here’s a quick look at its business footprint:

Wide Network: The bank operates thousands of branches across India and several international offices.
Large Customer Base: It serves millions of customers, from individuals to large corporations.
Government Backing: As a public sector bank, it has the implicit backing of the Government of India, which provides stability.
Digital Push: Like its peers, BOI is actively investing in digital banking platforms to improve customer service and compete with private banks.

Recent Financial Performance and Key Challenges

The past decade has been a story of transformation for Bank of India and many other PSU banks. They faced significant challenges with high levels of bad loans (Non-Performing Assets or NPAs), which hurt their profitability.

However, the bank has made a remarkable comeback in recent years. Key recent trends include:

Improved Asset Quality: The bank has been aggressively resolving bad loans and recovering dues. This has led to a significant reduction in its Net NPA ratio, a key indicator of health.
Return to Profitability: After reporting losses, the bank has returned to consistent profitability, driven by lower provisions for bad loans and steady growth in its core income.
Credit Growth: The bank is now focusing on expanding its loan book, especially in retail and SME segments, which are considered less risky.
Strong Net Interest Income (NII): The fundamental business of taking deposits and giving out loans remains strong, with NII showing steady growth.

The main challenges remain: competition from agile private banks, the need to maintain asset quality in a growing economy, and the inherent bureaucracy that can sometimes slow decision-making in PSUs.

Predicting stock prices so far into the future is highly speculative. The following Bank of India future prediction table is based on an analysis of the bank’s fundamentals, the overall health of the Indian economy, and the potential for PSU bank stocks to be re-valued. These figures are not guarantees but potential scenarios.

Year	Minimum Target (₹)	Average Target (₹)	Maximum Target (₹)
2026	180	200	240
2027	220	250	300
2028	260	300	370
2030	350	420	550
2040	1,200	1,800	2,800
2050	3,500	5,500	9,000

Note: The above targets assume that the bank maintains its improved asset quality and benefits from India’s economic growth. Stock splits or bonuses are not considered.

By 2026, we expect Bank of India to have firmly established its new phase of stable and profitable growth. The focus will be on sustaining its improved asset quality and showing consistent growth in its loan book. If the Indian economy continues to perform well, the Bank of India share price target for 2026 could see an average of around ₹200, with potential to reach ₹240 if it continues to surprise the market with strong earnings.

Moving into 2027, the benefits of a clean balance sheet should be fully visible. With lower money set aside for bad loans, more profit can be passed on to shareholders or reinvested for growth. Our Bank of India stock forecast for 2027 suggests an average price of ₹250, with an optimistic target of ₹300 if credit growth accelerates significantly.

The 2028 target is based on the expectation that Bank of India will be seen as a stable and efficiently run PSU bank. Successful execution of its digital strategy and gaining market share will be key. The average share price target for 2028 is projected to be around ₹300, with a bullish scenario pushing it towards ₹370.

Looking at Bank of India’s long-term targets, 2030 is a key milestone. Over this period, the bank is expected to grow in line with the Indian economy. If it maintains a healthy growth rate, the stock could trade at an average price of ₹420. In a best-case scenario where PSU banks as a whole get higher valuations from investors, the price could even approach ₹550.

Forecasts for 2040 and 2050 are highly visionary. They are based on the long-term compounding power of being part of India’s financial growth story. If India becomes a major global economy, large banks like BOI will be at the heart of this growth. The Bank of India share price target 2040 could see the stock between ₹1,200 and ₹2,800. By 2050, in a scenario of sustained economic prosperity, the price could potentially reach a range of ₹3,500 to ₹9,000. These targets are speculative and depend on decades of stable economic and bank performance.

Key Growth Drivers for Bank of India

Several factors could help Bank of India achieve these price targets:

Indian Economic Growth: A growing economy means more demand for loans from businesses and individuals, directly benefiting banks.
Cleaner Balance Sheet: The resolution of the NPA problem makes the bank stronger and more capable of lending.
Government Infrastructure Push: Massive government spending on infrastructure projects leads to huge lending opportunities for PSU banks.
Digital Transformation: Improved digital services can help retain customers and reduce operational costs.
Potential for Re-rating: As PSU banks become more profitable, investors may be willing to pay a higher price for their shares, leading to a re-rating.

Major Risks and Challenges

Investors must also be aware of the potential downsides:

New NPA Formation: Any future economic downturn could lead to a fresh rise in bad loans.
Competition: Intense competition from private banks and new fintech companies can pressure profit margins.
Political and Regulatory Influence: As a government-owned bank, it may face pressure to undertake certain social or political lending programs that may not be highly profitable.
Interest Rate Risk: If the Reserve Bank of India changes interest rates frequently, it can impact the bank’s profitability.
Execution Risk: The bank’s ability to adapt quickly to new technologies and market changes is critical.

Conclusion

Bank of India represents a compelling “recovery and growth” story within the PSU banking space. The worst appears to be behind it, and the future looks promising if it can maintain its current momentum. The Bank of India share price target for 2026 to 2050, as outlined, suggests a potential for steady, long-term growth for patient investors. It offers a way to invest in the broader growth of the Indian economy through a trusted, established institution.

Disclaimer

This article is for educational and informational purposes only. It is not a recommendation to buy or sell any stock or security. The share price targets and forecasts are speculative and based on certain assumptions which may not materialize. The stock market is subject to risks, and past performance is not indicative of future results. Please consult with a qualified financial advisor before making any investment decisions.