Bank Of India Company Information
Bank Of India
Company History
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.Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks.
The Bank has 2644 branches in India spread over all states/ union territories including 93 specialised branches. These branches are controlled through 48 Zonal Offices . There are 24 branches/ offices (including three representative offices) abroad.
The Bank came out with its maiden public issue in 1997. Total number of shareholders as on 30/09/2006 is 2,25,704.
While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The Bank is also a Founder Member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.
The Bank’s association with the capital market goes back to 1921 when it entered into an agreement with the Bombay Stock Exchange (BSE) to manage the BSE Clearing House. It is an association that has blossomed into a joint venture with BSE, called the BOI Shareholding Ltd. to extend depository services to the stock broking community. 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 23 branches (including three representative office ) at key banking and financial centres viz. London, Newyork,Paris,Tokyo,Hong-Kong,and Singapore. The international business accounts for around 20.10% of Bank’s total business.
Company Background
Industry Name : Finance - Banks - Public Sector
House Name : Public Sector
Regd. Office
Address : Star House, C-5,, ‘`G’- Block,’
District : Mumbai
State : Maharashtra
Pin Code : 400051
Tel. No. : 022-66684444
Fax No. : 022-56684491
Email : hoshares@bankofindia.co.in
Internet : http://www.bankofindia.com
Auditors : Brahmayya & Co.
Registrars
Name : Sharepro Services Ltd.
Address : Satam Estate, 3rd Floor, Cardinal Gracious Road, Above Bank Of Baroda, Mumbai - 400099, Maharashtra
Tel. No. : 28215168,28329828,28215991,28347719, 28348218
Fax No. : 28375646
Email : sharepro@vsnl.com
Internet : http://www.indagegroup.com
BSE: 532149
NSE: BANKINDIA
List Of Directors
1 T S Narayansami Chairman and Managing director
2 A D Parulkar Executive Director
3 Tarun Bajaj Director
4 V B Kaujalgi Director
5 Deepak P Patil Director
6 Shantaben Chavda Director
7 M N Gopinath Director
8 K R Kamath Executive Director
9 K K Gupta Director
10 A V Sardesai Director
11 Rameshwar Prasad Director
12 Prabha K Taviad Director
13 V Eswaran Director
14 K S Sampath Nominee Director
15 Indresh Vikram Singh Nominee Director
Location Details
Head Office
Star House, C-5, `G’- Block, Bandra Kurla Complex,
Mumbai - 400051
Maharashtra - India
Phone : 66684444
Fax : 56684491
Email : hoshares@bankofindia.co.in
Shares Department
8th Floor, Star House, C - 5, G Block, Bandra Kurla Complex,
Mumbai - 400051
Maharashtra - India
Phone : 66684444
Fax : 66684491
Email : hoshares@bankofindia.co.in
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