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Bank of India's Overview

Total employees48271
HeadquartersMumbai
Founded1906

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.

Where is Bank of India's Headquarters?

HQ Function

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.

Notable Features:

A modern, multi-storied office building situated in a prime business area, equipped with contemporary infrastructure to support large-scale banking operations.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The modern infrastructure in a key financial district reflects the bank's commitment to professionalism, efficiency, stability, and its significant role in India's financial sector.

Location:

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.

Street Address:

Star House, C-5, "G" Block, Bandra Kurla Complex, Bandra (East)

City:

Mumbai

State/Province:

Maharashtra

Country:

India

Bank of India's Global Presence

New Delhi, Delhi, 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.

London, United Kingdom

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.

New York, USA

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.

Buying Intent Signals for Bank of India

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Bank of India

As of April 2025, Bank of India' leadership includes:

Rajneesh Karnatak - Managing Director & CEO
M. Karthikeyan - Executive Director
Swarup Dasgupta - Executive Director
S S Srimathy - Executive Director
P. R. Rajagopal - Executive Director

Investors of Bank of India

Bank of India has been backed by several prominent investors over the years, including:

Government of India (Majority Shareholder)
Public Shareholders (Listed on Bombay Stock Exchange & National Stock Exchange of India)

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

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.

Departures

M.R. Kumar, M.R. Kumar completed his term as Part-time Non-Official Director and Non-Executive Chairman on February 20, 2024.

New Appointments:

S S Srimathy, S S Srimathy was appointed as Executive Director of Bank of India, effective May 10, 2024.
Rajneesh Karnatak, Rajneesh Karnatak was appointed as MD & CEO of Bank of India, taking charge on April 29, 2023.

Technology (Tech Stack) used by Bank of India

Discover the tools Bank of India uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Bank of India Email Formats and Examples

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

News and media

Business StandardMay 10, 2024

Bank of India Q4 Results: Net profit jumps 7% YoY to Rs 1,439 crore

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 BusinessLineMarch 08, 2024

Bank of India launches Nari Shakti non-callable term deposit scheme

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 TimesApril 16, 2024

Bank of India raises marginal cost of funds-based lending rate by up to 10 bps

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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