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Bank of India

 

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. Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974. The Bank has sizable presence abroad, with a network of 29 branches (including five representative office) at key banking and financial centres viz. London, New York, Paris, Tokyo, Hong-Kong and Singapore. The international business accounts for around 17.82% of Bank's total business.

 
 

Bank of India HQ Location Map

Bank of India Head Office
Express Towers
Nariman Point
Mumbai-400 021

Email: HeadOffice.GOD@bankofindia.co.in


For all your enquiries, call:
022 4091 9191 (all days)
06:00 a.m. – 11:00 p.m. (IST)

Swift Code : BKIDINBB

 

 

 

Bank of India is one of 20 major nationalised commercial banks in India. Nationalised banks dominate the banking system in India. The major objective behind nationalisation was to spread banking infrastructure in rural areas and make cheap finance available to Indian farmers. With this, the Government of India held a control over 91% of the banking industry in India. After the nationalisation of banks there was a huge jump in the deposits and advances with the banks.

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