Bank of India

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
Headquarters	Mumbai, Maharashtra, India
Number of locations	5,139 Branches; 5,551 ATMs; (March 2023)
Key people	Rajneesh Karnatak; (MD & CEO);
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)
Operating income	₹4,828 crore (US$600 million) (2023)
Net income	₹3,839 crore (US$480 million) (2023)
Total assets	₹826,035 crore (US$100 billion) (2023)
Owner	Government of India
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)
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), has 5,139 branches and 8166 ATM & CRM around the world (including 22 overseas branches).

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.