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BANK OF INDIA

BANK OF INDIA

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Bank of India (BOI) was established on 7th September 1906 some businessmen from Mumbai. Its headquarters are at Bandra Kurla complex, Mumbai and was nationalized in 1969 hence ceased being under private ownership. With 5100 branches, as of 31 January 2017, it has 56 offices outside India which incorporate five subsidiaries, five representative offices and a joint venture. It’s also a founding member of SWIFT(Society for Worldwide Inter Bank Financial Telecommunications) whose main role is facilitation,provision of cost effective financial processing and communication services.

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