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Bank of India

Bank of India was founded on 7 September 1906 by a group of eminent businessmen from Mumbai, Maharashtra, India. Now BOI is a India’s leading commercial bank with headquarters in the BKC, Mumbai is a financial services provider commercial bank founded in 1906, it has been government-owned since nationalisation in 1969. Bank of India has 5316 branches and having 48,807 emplyoees as of 31 March 2019, including 56 offices outside India, which includes five subsidiaries, five representative offices, and one joint venture. It is a type of a public company providing retail as well as commercial banking facility to the consumers controlled through 50 Zonal offices.


The bank provides specialized services for businesses (dealing in foreign exchange) NON RESIDENTIAL INDIANS merchant banking etc. They also have specialized branches that deal in asset recovery hi-tech agricultural finance lease finance and treasury and small scale industries. The Bank offers products such as mutual funds venture capital depository services bullion trading and credit cards.The Bank operates in three business segments namely Treasury Operations Wholesale Banking Operations and Retail Banking Operations. Treasury Operations includes the entire investment portfolio which include dealing in government and other securities money market operations and foreign exchange (Forex) operations. Wholesale Banking includes all advances which are not included under Retail Banking.

Presently Bank of India 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 YorkBank of India was incorporated on September 7 1906 by a group of eminent businessmen from Mumbai.

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