Bank of India Share Price

Bank of India was incorporated on September 7, 1906, by Ghanshyam Das Birla and four other industrialists. Headquartered in Mumbai, Maharashtra, it is a central public sector bank owned by the Government of India. The bank is listed on both NSE (BANKINDIA) and BSE (532149). Its core business includes retail banking, corporate and institutional lending, treasury services, trade finance, and wealth management across a network of over 5,200 domestic branches and 47 overseas offices.

Bank of India Business Segments and Revenue Model

Bank of India operates through three main divisions: Retail Banking (deposits, personal loans, home and auto loans, credit cards), Corporate and Institutional Banking (working capital, project finance, trade services), and Treasury & Forex (investment in securities, foreign exchange, derivatives). The bank generates revenue primarily from net interest income, which is interest earned on loans and advances minus interest on deposits, supplemented by fee income (from trade finance, credit cards, and investment banking services) and non-interest income from treasury operations and forex dealings.

Bank of India Key Milestones

• 1906: Incorporated in Mumbai by industrialists including G.D. Birla
• 1969: Nationalised by the Government of India
• 1970s–80s: Expanded retail & rural outreach; overseas offices opened
• 1990s: Introduced core banking solutions and modernised branch network
• 2000s: Expanded treasury, forex operations; embraced internet banking
• 2010: Formed joint ventures, like Bank of India Merchant Bankers
• 2020: Launched digital initiatives and strengthened fintech partnerships
• 2025: In May 2025, Q4 net profit rose 82% YoY to ₹2,626 crore; operating profit +37% YoY

Bank of India ESG and Sustainability

• CSR focus on rural development, financial inclusion, education, and healthcare.
• Promotes digital literacy and women empowerment through self-help groups.
• ESG goals include green lending, energy-efficient infrastructure, and supporting sustainable projects aligned to long-term socio-economic goals.

Bank of India Awards and Recognitions

• Recognised among top PSU banks for asset quality improvements
• Awarded for excellence in financial inclusion and rural lending
• Commended for treasury performance and digital banking innovations