BOI Shareholding Ltd Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai.
BoI is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective financial processing and communication services.
As on 31 December 2024, Bank of India's total business stands at ₹1,446,295 crore (US$170 billion),[5] has 5,200 branches and 8166 ATMs & CRM around the world (including 22 overseas branches).
[6] Beginning with one office in Mumbai, with a paid-up capital of ₹5 million (US$58,000) 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.
The Bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008.