About Bank of India
A nationalized bank providing a range of financial services with extensive domestic and international operations.
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 over 5000 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 54 Zonal Offices and 8 NBG Offices. There are 60 branches/ offices and 5 Subsidaries and 1 joint venture abroad.
Vision
To Become The Bank of choice for Corporates, Medium Business And Upmarket Retail Customers And Developmental Banking For Small Business, Mass Market And Rural Markets.
Mission
To provide superior, proactive banking service to niche markets globally, while providing cost effective, respective, responsive service to others in our role as a development bank, and in doing so, meet the requirement of our stakeholders.
Culture & Life
Bank of India fosters a culture of integrity, customer focus, and teamwork. The bank emphasizes ethical conduct, transparency, and accountability in all its operations. It is committed to creating a positive and supportive work environment for its employees and promoting diversity and inclusion.
A little more about Bank of India
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Frequently asked questions about Bank of India
What does Bank of India do?
Bank of India is a leading company in the Banking sector. It provides innovative solutions to clients across multiple industries globally.
Where is Bank of India headquartered?
Bank of India is headquartered in Mumbai, Maharashtra. The company operates across multiple locations in India and internationally.
How many employees does Bank of India have?
Bank of India employs 10001-50000 professionals worldwide. The company continues to grow and regularly hires across various functions and geographies.
When was Bank of India founded?
Bank of India was founded in 1906. Over the years it has grown into a globally recognised organisation in the Banking space.
Who is the CEO of Bank of India?
The CEO of Bank of India is Melwyn Rego. The leadership team is committed to driving innovation and employee growth.
Is Bank of India a good place to work?
Bank of India is widely regarded as a strong employer in the Banking sector. The company offers structured career paths, learning programmes, and a collaborative work environment.
What is the hiring process at Bank of India?
The hiring process at Bank of India typically includes an online application, aptitude or technical assessments, and multiple interview rounds. The process varies by role and experience level.
Does Bank of India hire freshers?
Yes, Bank of India actively recruits freshers through campus placement programmes and graduate hiring drives. Entry-level roles are available across technology, business, and operations functions.
What are the career growth opportunities at Bank of India?
Bank of India invests in employee development through structured learning platforms, mentorship programmes, and internal mobility. Employees can advance across technical, managerial, and leadership tracks.
What benefits does Bank of India offer to employees?
Bank of India offers a comprehensive benefits package that typically includes health insurance, paid leave, retirement benefits, and learning allowances. Specific benefits may vary by location and role level.