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Bank of India
Relationship beyond Banking
Bank of India HQ in BKC
Company type
Public
Traded as
BSE: 532149 NSE: BANKINDIA
ISIN
INE084A01016
Industry
Banking
Financial services
Founded
7 September 1906; 117 years ago (1906-09-07)
Headquarters
Mumbai, Maharashtra, India
Number of locations
5,139 Branches
5,551 ATMs
(March 2023)
Key people
Rajneesh Karnatak (MD & CEO)[1]
Products
Retail banking
Corporate banking
Investment banking
Mortgage loans
Private banking
Wealth management
Asset management
Investment management
Risk management
Mutual funds
Exchange-traded funds
Index funds
Credit cards
Insurance
Revenue
₹55,143 crore (US$6.9 billion) (2023)[2]
Operating income
₹4,828 crore (US$600 million) (2023)
Net income
₹3,839 crore (US$480 million) (2023)[2]
Total assets
₹826,035 crore (US$100 billion) (2023)[2]
Owner
Government of India[3]
Number of employees
51,355 (December 2023)
Subsidiaries
BOI Merchant Bankers Ltd
BOI Shareholding Ltd
Bank of India Investment Managers Pvt Ltd Bank of India Trustee Service Pvt Ltd
Capital ratio
16.06% (Dec 2023)[2]
Website
www.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$160 billion),[2] has 5,139 branches and 8166 ATM & CRM around the world (including 22 overseas branches).[2]
^"Rajneesh Karnatak appointed MD & CEO of Bank of India". The Times of India. 29 April 2023.
^ abcdef"Annual Report of Bank of India" (PDF). Archived from the original (PDF) on 20 July 2021. Retrieved 20 July 2021.
^"Share Holding Pattern 2021" (PDF). Archived from the original (PDF) on 17 October 2021. Retrieved 17 October 2021.
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Global Information
₹55,143 crore (US$6.9 billion) (2023)[2]