Toronto Stock Exchange · Financial Services
Invest in The Bank of Nova Scotia stock from India
Indian and foreign residents can buy The Bank of Nova Scotia (BNS) shares directly through Paasa.
By Paasa · Updated
The Bank of Nova Scotia at a glance
- Price
- CA$129.41-CA$1.88 (1.43%)
- Market cap
- CA$157.76B
- Day range
- CA$129.32 – CA$131.13
- P/E
- 16.76
- Dividend yield
- 3.43%
- Volume
- 2.23M
- 1 month
- +2.00%
- 6 months
- +34.15%
- YTD
- +27.84%
- 1 year
- +43.80%
- 5 years
- +64.54%
The Bank of Nova Scotia statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$73.2B | CA$29.5B | CA$31.8B | CA$31.1B | CA$30.9B |
| Gross profit | CA$32.4B | CA$29.6B | CA$31.8B | CA$31.1B | CA$30.9B |
| Operating income | CA$10.5B | CA$8.8B | CA$8.7B | CA$28.1B | CA$12.5B |
| Net income | CA$7.8B | CA$7.8B | CA$7.4B | CA$9.9B | CA$9.6B |
| Earnings per share | CA$5.84 | CA$5.94 | CA$5.84 | CA$8.05 | CA$7.74 |
| EBITDA | CA$10.6B | CA$10.6B | CA$11.5B | CA$14.2B | CA$14.0B |
| Total assets | CA$1.5T | CA$1.4T | CA$1.4T | CA$1.3T | CA$1.2T |
| Total debt | CA$236.7B | CA$300.7B | CA$313.8B | CA$310.9B | CA$245.7B |
| Cash and short-term investments | CA$108.1B | CA$108.2B | CA$140.8B | CA$119.3B | CA$120.1B |
| Shareholders' equity | CA$86.9B | CA$82.4B | CA$76.9B | CA$73.2B | CA$70.8B |
| Operating cash flow | CA$10.5B | CA$15.7B | CA$11.5B | CA$16.9B | −CA$12.8B |
| Free cash flow | CA$10.1B | CA$15.2B | CA$31.3B | CA$16.4B | −CA$13.3B |
| Capital expenditure | −CA$347.0M | −CA$489.0M | −CA$442.0M | −CA$571.0M | −CA$462.0M |
Fiscal years as reported, the latest ending 31 Oct 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Toronto-Dominion Bank | TD.TO | CA$168.83 | CA$278.92B |
| Bank of Montreal | BMO.TO | CA$240.69 | CA$168.58B |
| Canadian Imperial Bank of Commerce | CM.TO | CA$158.57 | CA$146.93B |
| Manulife Financial | MFC.TO | CA$61.57 | CA$102.75B |
| Brookfield Asset Management | BAM.TO | CA$63.75 | CA$101.80B |
| National Bank of Canada | NA.TO | CA$207.80 | CA$80.03B |
| PayPal | PYPL.NE | CA$3.83 | CA$65.85B |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
- —
- High
- —
- Median
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- Consensus
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Ratings: 10 buy · 8 hold · 1 sell. Consensus: Buy.
Published sell-side 12-month targets in CAD, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in The Bank of Nova Scotia from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search BNS and buy
Find The Bank of Nova Scotia by name or by its ticker, BNS, and place your order.
Why invest in The Bank of Nova Scotia from India
What The Bank of Nova Scotia does
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments. The Bank of Nova Scotia operates in the Banks - Diversified industry within the Financial Services sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy The Bank of Nova Scotia stock from India?
Yes. Indian residents and NRIs can buy The Bank of Nova Scotia (BNS) shares directly through Paasa. The Bank of Nova Scotia is listed on the Toronto Stock Exchange, in the Banks - Diversified industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell The Bank of Nova Scotia shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.