Bank of India - Company Profile
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Bank of India (BOI) is a provider of a range of retail and corporate banking and related financial solutions. The bank's main activities include offering retail banking products such as current and savings accounts, term deposits, and lending solutions for personal, agricultural, commercial, car, and housing purposes. BOI also provides corporate clients with cash management services, export finance, channel credit, trade and project finance, and syndication services. The bank serves individual customers, corporate clients, and micro, small, and medium enterprises with its diverse financial products and services. BOI's offerings are utilized across various sectors, including personal finance, agriculture, commerce, and housing. The bank operates through a network of branches and authorized dealer branches to reach its customers. BOI targets markets in rural and urban areas, providing services like e-trade, internet banking, and remittance services. BOI is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Express Towers, Nariman Point, Mumbai, Maharashtra, 400051
Website
bankofindia.co.in
Telephone
91 80 01031906
No of Employees
51,010
Industry
Financial Services
Ticker Symbol & Exchange
BANKINDIA (NSE)
Revenue (2025)
$9.8B
6.5%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
7.9%
(2025 vs 2024)
Market Cap*
$6.6B
Net Profit Margin (2025)
XYZ
1.4%
(2025 vs 2024)
* As of and is in US$
Bank of India premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | Cash Management |
| Current Accounts | Depository Participant |
| Term Accounts | Fixed Income and Money Market Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In February, the bank sold its 0.03% stake to Maithan Alloys Ltd. |
| 2025 | New Products/Services | In October, the bank launched four digital banking solutions at GFF 2025. |
| 2025 | Corporate Changes/Expansions | In October, the bank opened a new branch at Siruseri in Chennai, Tamil Nadu, India. |
Competitor Comparison
| Key Parameters | Bank of India | State Bank of India | HDFC Bank Ltd | ICICI Bank Ltd | Bank of Baroda |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Baroda |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Gujarat |
| No. of Employees | 51,010 | 245,131 | 215,739 | 129,177 | 75,515 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rajneesh Karnatak | Managing Director; Chief Executive Officer; Director | Executive Board | 2023 | 52 |
| Rajiv Mishra | Director | Executive Board | 2024 | - |
| P R Rajagopal | Director | Executive Board | 2020 | - |
| Subrat Kumar | Director | Executive Board | 2022 | - |
| Satyendra Singh | Chief Information Officer | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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