Bank of India

Not to be confused with The Bank of India (1828).

Bank of India
Company typePublic
BSE: 532149
NSE: BANKINDIA
ISININE084A01016
Industry
Founded7 September 1906; 118 years ago (1906-09-07)
HeadquartersMumbai, Maharashtra, India
Number of locations
  • 5,139 Branches
  • 5,551 ATMs
 (March 2023)
Key people
Products
RevenueIncrease ₹66,804 crore (US$8.0 billion) (2023)[2]
Increase ₹4,828 crore (US$580 million) (2023)
Increase ₹3,839 crore (US$460 million) (2023)[3]
Total assetsIncrease₹826,035 crore (US$99 billion) (2023)[3]
OwnerGovernment of India[4]
Number of employees
50,944(March 2024)
SubsidiariesBOI Merchant Bankers Ltd

BOI Shareholding Ltd

Bank of India Investment Managers Pvt Ltd Bank of India Trustee Service Pvt Ltd
Capital ratio16.06% (Dec 2023)[3]
Websitewww.bankofindia.co.in

Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective financial processing and communication services.

As on 31 December 2023, Bank of India's total business stands at ₹1,272,887 crore (US$150 billion),[3] has 5,139 branches and 8166 ATMs & CRM around the world (including 22 overseas branches).[3]

  1. ^ "Rajneesh Karnatak appointed MD & CEO of Bank of India". The Times of India. 29 April 2023.
  2. ^ "Annual Report of Bank of India" (PDF). Archived from the original on 20 July 2021. Retrieved 20 July 2021.
  3. ^ a b c d e "Annual Report of Bank of India" (PDF). Archived from the original (PDF) on 20 July 2021. Retrieved 20 July 2021.
  4. ^ "Share Holding Pattern 2021" (PDF). Archived from the original (PDF) on 17 October 2021. Retrieved 17 October 2021.