Bank of India Ltd
NSE:BANKINDIA

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Bank of India Ltd
NSE:BANKINDIA
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Price: 103.17 INR 0.8% Market Closed
Market Cap: 469.7B INR
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Bank of India Ltd
Investor Relations

Bank of India Ltd., a stalwart in the Indian financial landscape, traces its origins back to 1906, when it was founded by the prosperous business community of Mumbai. It wasn’t just a bank but a financial beacon designed to support the economic independence of a nation stirring awake from colonial oversight. Its journey from a single office in Mumbai to over 5,000 branches today is nothing short of a testament to its resilience and foresight. The bank operates as a comprehensive financial institution offering a suite of services that cater to retail, corporate, and institutional clients. This diversity in its portfolio is crucial, allowing Bank of India to stabilize its earnings against the inevitable ebbs and flows of economic cycles. As a public sector bank, it also enjoys the implicit trust and support from the Indian government, further cementing its position in the industry.

The mechanics of its operations are built upon traditional banking pillars such as deposits and loans. However, in recent years, Bank of India has strategically expanded into non-traditional segments as well, like mutual funds, insurance, and mobile banking services, adapting itself to the digital age. Its primary revenues arise from the interest earned on the various lending products, including personal loans, commercial credit, and home financing. Simultaneously, it garners income through fees associated with services such as asset management and transaction processing. By balancing its traditional reliance on interest-based income with fee-based services, Bank of India ensures a symbiotic growth model. This business model not only supports its expansive but diversified structure but also aligns it with the evolving financial needs of its clientele and the overall economic aspirations of India.

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Management

Mr. Rajneesh Karnatak
MD, CEO & Director
No Bio Available
Mr. B. Kumar
GM & CFO
No Bio Available
Mr. Satyendra Singh
Chief Technology Officer
No Bio Available
Mr. Abhijit Bose
Chief GM & Chief Compliance Office
No Bio Available
Mr. Prashant Thapliyal
Chief GM, Functional Head-Asset Recovery, Cr Monitoring, Stress Asset Resolution & Legal Department
No Bio Available
Mr. P. R. Rajagopal
Executive Director
No Bio Available
Mr. Sudhiranjan Padhi
Chief General Manager
No Bio Available
Mr. Pinapala Hari Kishan
Chief General Manager & Chief Risk Officer
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
Star House, C - 5, G Block,, Bandra Kurla Complex, Bandra (East),
Contacts