Bank of India

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks. The Bank has over 5000 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 54 Zonal Offices and 8 NBG Offices. There are 60 branches/ offices and 5 Subsidaries and 1 joint venture abroad. The Bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008. While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The Bank is also a Founder Member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio. Presently Bank has overseas presence in 22 foreign countries spread over 5 continents – with 60 offices including 5 Subsidiaries, 5 Representative Offices and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Jersey, Paris and New York

Bank Name Bank of India
Stock Exchange NSE
Sector Financial Services
Industry Banks – Regional – Asia
Country India
World Region Asia
CEO Mr. Dinabandhu Mohapatra
Employees 47750
Registered Year 1906


Currency in INR        
  2018 2017 2016 2015
  ₹ cr ₹ cr ₹ cr ₹ cr
Total interest income 38.31 39.59 42.09 43.68
Total Interest Expenses 27.68 27.61 30.25 32.22
Net Interest income 10.63 11.98 11.85 11.46
Total Net Revenue 16.48 18.80 15.52 15.74
Earnings per share        
Basic 0.01 0.00 0.01 0.00
Diluted 0.01 0.00 0.01 0.00
Total current assets 96.02 100.17 106.16 81.09
Other assets 370.49 392.56 379.28 415.09
Total assets 615.18 632.03 616.63 625.28
Total current liabilities 523 546.2 519.17 538.28
Total liabilities 578.27 598.32 583.19 592.59
Total Equity 36.76 33.63 33.35 32.52
Net income        
Net cash provided by operating activities 6.62 18.31 14.64
Net cash used for investment activities 0.37 0.61 0.75
Net cash provided by financing activities 3.96 4.86 1.30
Currency in Rupees, All Numbers in Crores.