Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded on September 7, 1906, it has been government-owned since its nationalisation in 1969. BoI is one of India's leading commercial banks, offering a wide range of banking products and financial services to corporate, retail, and MSME customers through its vast network of over 5,000 branches in India and numerous overseas branches, subsidiaries, and representative offices. The bank is committed to providing customer-centric services and contributing to India's economic development.
The headquarters serves as the central administrative and strategic hub, overseeing all domestic and international operations, policy formulation, risk management, and corporate governance for the entire bank.
A modern, multi-storied office building situated in a prime business area, equipped with contemporary infrastructure to support large-scale banking operations.
The work culture is typical of a large public sector undertaking in India, characterized by a hierarchical structure, emphasis on regulatory compliance, job security, customer service focus, and a blend of traditional and modern banking practices.
The headquarters is the nerve center of one of India's oldest and largest public sector banks, playing a critical role in directing its contribution to the nation's financial system and economic growth.
Bank of India maintains a significant global presence with operations spanning several continents. Its international network includes branches, representative offices, subsidiaries, and joint ventures in key financial centers like London, New York, Paris, Singapore, Hong Kong, Tokyo, Dubai, and various locations in Africa. Globally, the bank supports functions such as international trade finance, foreign currency operations, syndicated loans, correspondent banking, remittance services, and specialized NRI (Non-Resident Indian) banking services, connecting India with the global economy.
Star House, C-5, "G" Block, Bandra Kurla Complex, Bandra (East)
Mumbai
Maharashtra
India
Address: Zonal Office North Zone I, PTI Building, 4, Sansad Marg, New Delhi - 110001 (Example Zonal Office)
To cater to the diverse banking needs of individuals, businesses, and government entities in North India, driving growth and financial inclusion in the region.
Address: Bank of India, UK Head Office, 87-97 Bath Road, Hounslow, Middlesex, TW5 9AP, UK
To serve the financial needs of the Indian diaspora, support bilateral trade and investment between India and the UK/Europe, and manage correspondent banking relationships.
Address: 277 Park Avenue, New York, NY 10172, USA
To facilitate financial transactions and trade between the USA and India, serving corporate clients and financial institutions in the Americas.
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As of April 2025, Bank of India' leadership includes:
Bank of India has been backed by several prominent investors over the years, including:
In the last 12-14 months, Bank of India saw key leadership changes, including the appointment of one new Executive Director (S S Srimathy in May 2024) and the completion of term for its Non-Executive Chairman (M.R. Kumar in February 2024). The crucial Managing Director & CEO position was also filled by Rajneesh Karnatak in April 2023, marking a significant leadership update just over a year ago. These changes are pivotal for the bank's strategic direction.
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Bank of India generally employs standard corporate email formats. The most common patterns involve combinations of the employee's first name, last name, or initials, followed by the domain '@bankofindia.co.in'. Specific formats might vary by department or seniority.
[firstinitial][lastname]@bankofindia.co.in, [firstname].[lastname]@bankofindia.co.in
Format
r.kumar@bankofindia.co.in
Example
75%
Success rate
Business Standard • May 10, 2024
Bank of India reported a 7% year-on-year increase in its net profit to Rs 1,439 crore for the fourth quarter ended March 2024. The bank's Net Interest Income (NII) also saw a rise, indicating healthy operational performance....more
The Hindu BusinessLine • March 08, 2024
On International Women's Day, Bank of India launched a special non-callable term deposit scheme named 'Nari Shakti'. This scheme offers preferential interest rates for women depositors, aiming to promote financial empowerment among women....more
The Economic Times • April 16, 2024
Bank of India announced an increase in its marginal cost of funds-based lending rate (MCLR) by up to 10 basis points across various tenors. This move is likely to make loans linked to MCLR marginally more expensive for borrowers....more
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