Bank of India (BOI) history, company profile (overview) and corporate video
Bank of India (BOI) is a public sector bank headquartered in Mumbai, India. It operates through the following business segments: personal banking, government business, corporate banking, rural, overseas banking, MSME, and digital banking.
The Bank offers deposits, loans, cards, insurance, mutual funds, remittances, foreign exchange, investments, wealth management, and others.
HISTORY
Bank of India (BOI) was founded in 1906 by a group of eminent businessmen from Mumbai.
In 1969, BOI was one of the 14 major banks that were nationalized and entered under government ownership.
In 1987, BOI took over three UK branches of Central Bank of India (CBI).
In 1997, the Bank of India was listed National Stock Exchange of India.
The Bank has an overseas presence in 18 foreign countries spread over 5 continents, with offices t key banking and financial centres, including Tokyo, Singapore, Hong Kong, London, Paris, New York, and DIFC Dubai.
With more than 50,000 employees and over 5,000 branches, Bank of India is considered one of India’s largest public sector banks. According to Forbes, it is considered one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and bankofindia.co.in.
**Video published on YouTube by “glintentertainment“