Bank of India
Indian public sector bank / From Wikipedia, the free encyclopedia
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Not to be confused with The Bank of India (1828).
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.
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Quick Facts Company type, Traded as ...
Company type | Public |
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BSE: 532149 NSE: BANKINDIA | |
ISIN | INE084A01016 |
Industry | |
Founded | 7 September 1906; 117 years ago (1906-09-07) |
Headquarters | Mumbai, Maharashtra, India |
Number of locations |
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Key people |
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Products | |
Revenue | ₹66,804 crore (US$8.4 billion) (2023)[2] |
₹4,828 crore (US$600 million) (2023) | |
₹3,839 crore (US$480 million) (2023)[3] | |
Total assets | ₹826,035 crore (US$100 billion) (2023)[3] |
Owner | Government of India[4] |
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)[3] |
Website | www |
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As on 31 December 2023, Bank of India's total business stands at ₹1,272,887 crore (US$160 billion),[3] has 5,139 branches and 8166 ATMs & CRM around the world (including 22 overseas branches).[3]