September 17, 2019

Bank of India

Information about Public Sector Banks in India - Bank Of India

BANK OF INDIA

Information about Public Sector Banks in India - Bank Of India

PUBLIC SECTOR BANKS OF INDIA – BANK OF INDIA

Information about Public Sector Banks in India - Bank Of India

Bank of India (BoI) is a state-owned commercial bank with headquarters in Mumbai City In India. Government-owned since nationalization in 1969, it is India’s 4th largest bank, after State Bank of India, Punjab National Bank and Bank of Baroda. It has 3415 branches including 29 branches outside India.

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Public Sector Banks in India - Bank Of India

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BoI is a founder member of Society for Worldwide Inter Bank Financial Telecommunications (SWIFT) which facilitates provision of cost-effective financial processing and communication services. The Bank completed its first one hundred years of operations on 7 Sep, 2006.The first board of directors of the bank Of India consisted of Sir Sassoon David, Sir Cowasjee Jehangir, J.Cowasjee Jehangir, Sir Frederick Leigh Croft, Ratanjee Dadabhoy Tata, Gordhandas Khattau, Lalubhai Samaldas, Khetsety Khiasey, Ramnarain Hurnundrai, Jenarrayen Hindoomull Dani, Noordin Ebrahim Noordin.

Information about Public Sector Banks in India - Bank Of India

The earlier holders of the Bank of India name had failed and were no longer in existence by the time a diverse group of Hindus, Muslims, Parsees, and also Jews helped establish the present Bank of India in 1906. It was the first in India promoted by Indian interests to serve all the communities of India.

Information about Public Sector Banks in India - Bank Of India