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Old November 13th, 2017, 05:09 PM
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Default Bank of India Owner

Do you know who is owner of Bank of India? Tell me about history of Bank of India with information about Owner of this Bank?
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Old November 14th, 2017, 09:37 AM
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Default Re: Bank of India Owner

The Bank of India was founded on 7th September, 1906.

It was set up 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.

It was beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees.

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.

The Bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008.

Presently Bank has overseas presence in 22 foreign countries spread over 5 continents – with 60 offices including 5 Subsidiaries, 5 Representative Offices and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Jersey, Paris and New York.

The Present Managing Director & CEOis “Shri Dinabandhu Mohapatra”.

Shri G. Padmanabhan ( Non-Executive Chairman )
Shri Dinabandhu Mohapatra (Managing Director & CEO)
Shri R A Sankara Narayanan (Executive Director)
Shri Neelam Damodharan (Executive Director)
Shri Atanu Kumar Das (Executive Director)
Shri Girish Chandra Murmu (Govt. Nominee Director )
Smt.R.Sebastian (RBI Nominee Director)
Ms. Veni Thapar (Part-time Non-official Director)
Shri Neeraj Bhatia (Shareholder Director) (From 25.10.2014)
Shri Sanjiv Kumar Arora (Shareholder Director) (From 25.10.2014)

Executive Director:
Shri R A Sankara Narayanan

Address of Head Office:
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051.
Ph: 022-66684444
Answered By StudyChaCha Member
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