BNET Industries
Last Fiscal Year Sales:$3.6B
- Public
- IN
Dow Jones Description
Bank of India is a premier and one of the oldest commercial banks in India, with presence all over India as also in all time zones of the world. The Bank has a glorious history dating back to the early years of this century. The Bank was founded in September 1906 and has all along maintained a position of pride among the top 5 commercial banks in the country. In July 1969, Bank of India was nationalized alongwith 13 other large Indian commercial banks. Since then, the Bank has made enormous contribution to India's efforts towards agricultural and rural development, industrial diversification and modernization and export development. Keeping pace with financial sector reforms in India, the bank has ventured into Merchant Banking, Mutual Funds, Housing Finance, Custodial & Depository through it's subsidiaries. Today the Bank has over 2594 branches spread all over India and 23 branches/offices overseas - in 10 countries, spanning all time zones. The Bank has a pre-eminent position in both wholesale banking and retail banking in India. Bank of India believes in "Total Package Approach" to meet all the financial and non-financial requirements of its customers. Entrepreneurs are not only assisted in establishing their projects, but are also helped in day-to-day operations by providing necessary working capital finance either on its own or through syndication. The Bank also provides guarantees, letters of credit, remittance facilities, supplier's credit, forward cover, advisory...
Assistant Vice President
Biswajit MishraNumber of Employees 40,616
Contact Information
Star House C-5 G Block Bandra Kurla Complex
Mumbai 400 051
(91) 22 5668 4444
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Bank of India may acquire Oriental Bank of Commerce
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2nd UPDATE: Bank Of India Net Profit Down 58%; Shares Down Near 2-Month Low
News & Analysis
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bank of india and state bank of india - All News and Analysis
Softer rates ahead? ; Days after Reserve Bank of India (RBI) Governor Y.V. Reddy maintained status quo on key interest rates, several banks, led by the state-owned State Bank of India (SBI) slashed their prime lending rates (PLR) by 25 basis points.
Days after Reserve Bank of India RBI Governor Y.V. Reddy maintained status quo on key interest rates, several banks, led by the state-owned State Bank of India SBI slashed their prime lending rates PLR by 25 basis points. Was it mere tokenism to please Finance Minister P. Chidambaram, who has...
State Bank of India wants to use post office network to sell its products.
Jun. 11--MUMBAI, India -- It could well turn out to be a formidable banking alliance. The country's largest bank -- State Bank of India -- is in talks with the ministry of communications to enter into an alliance. The alliance would enable the bank to sell its...
Moneris Solutions Expands Client Roster with the Addition of State Bank of India
CHICAGO -- Moneris Solutions, one of North America's largest electronic transaction processors, today announced an agreement to provide credit card processing services to State Bank of India California. The State Bank of India California is a Los Angeles-based bank whose parent, the State Bank of India, is the largest...
SBI net up 3 pc this fiscal.
May 14--KOLKATA, India -- State Bank of India SBI has reported a modest 3 percent jump in net profit for 2006-07 at Rs 4,541.31 crore compared to Rs 4,406.67 crore during 2005-06. Its operating profit grew 21.23 percent to Rs 10,000 crore (Rs 8,249 crore) while total...
State Bank of India to Offer Western Union Money Transfer Service; SBI Now Part of Western Union's Agent Network in India, Through an Alliance with Western Union's Authorized Agent, Kuoni Travels.(Company Profile)
DENVER, Jan 11, 2006 CCNMatthews via COMTEX -- Western Union, a worldwide leader in money transfer services, announced that its authorized Agent, Kuoni Travels, has entered into an agreement with the State Bank of India Ltd SBI to provide inbound money transfer services. The State Bank...
State Bank of India allies soar 48% on share split talk.
Sep. 14--Shares of the three listed associate banks of the State Bank of India soared by up to 48 percent in thin trade after group chairman AK Purwar said that SBI would follow up with the government about legal changes needed to split shares of its associate...
SBI commits Rs 200 cr to HDFC realty fund.
Mar. 24--MUMBAI, India -- State Bank of India SBI has committed Rs 200 crore to the country's first real estate fund -- HDFC India Real Estate Fund (HI-REF) -launched by Housing Development Finance Corporation HDFC. The fund is being launched through the venture capital...
INDIA: SBI EYES AFRICAN BANKS.(State Bank of India)(Brief Article)
According to "Business Line", State Bank of India said it was eyeing medium-sized banks in Asia and Africa in a bid to become a global entity. SBI chairman A K Purwar said he was hopeful that the deal to acquire a bank in Africa would be completed...
STATE BANK OF INDIA NOT TO HIKE LENDING RATES IN SHORT TERM.
NEW DELHI, Aug 31 Asia Pulse - State Bank of India today ruled out any immediate hike in lending rates amid fears of a rise in interest rates in the economy due to surge in inflation. "I am an advocate of stable rates. The short term outlook for...
STATE BANK OF INDIA TO OPEN SEPARATE UNIT FOR SMEs.
NEW DELHI, Aug 31 Asia Pulse - The country's largest bank State Bank of India SBI (BSE:SBI) will soon open a separate unit to cater to small and medium business in view of Government's focus on the sector. "The banking unit for small and medium businesses, which will...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Biswajit Mishra | Assistant Vice President |
| Manoj Das | Assistant Vice President |
| Shri A. K. Jalota | General Manager |
| Shri B.A. Prabhakar | Executive Director |
| Srinivasaraghavan Rajagopal | Manager |
| Shri P L Gairola |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| T. S. Narayansami | Chairman & Managing Director |
| A. V. Sardesai | Board of Directors |
| Amit Kumar Motayed | Board of Directors |
| B.A. Prabhakar | Board of Directors |
| Indresh Vikram Singh | Board of Directors |
| K. S. Sampath | Board of Directors |
| Kamal Kishore Gupta | Board of Directors |
| M. Narendra | Board of Directors |
| M.N. Gopinath | Board of Directors |
| P. M. Sirajuddin | Board of Directors |
| Prakash P. Mallya | Board of Directors |
| Rameshwar Prasad | Board of Directors |
| Shri A.K. Motayed | Board of Directors |
| Shri Indresh | Board of Directors |
| Shri Rameshwar Prasad | Board of Directors |
| Tarun Bajaj | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | General Manager | Current |
Shri B.A. Prabhakar has taken over as Executive Director of Bank of India with effect from 15th October, 2008. Prior to the present assignment, Shri Prabhakar was General Manager with Bank of Baroda, looking after it's treasury operations. Earlier, he has served as the Chief Executive of Bank of Baroda's operations in the United Kingdom. Born on 4th August, 1953 Mr. Prabhakar is a Chartered Accountant and a B. Com from the University of Mysore. He joined Bank of Baroda as a Direct Recruit Officer in 1977. He has worked extensively in the areas of Credit, Operations and Treasury for the Bank. He had been abroad twice on overseas assignments for nearly 8 years. He has also handled critical assignments in the Bank's Investment department for nearly 7 years.
| Organization | Position | Status |
|---|---|---|
| Bank of India | Executive Director | Current |
| Bank of India | Board of Directors | Current |
| Bank of Baroda | General Manager | Former |
| Bank of Baroda | Direct Recruit Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Chairman & Managing Director | Current |
| Bank of India | Board of Directors | Former |
Mr. Rajagopal is a former Dy. Director (Finance), Texuna Chemicals Inc., BVI, Kazakhstan & Dy. Zonal Manager, Bank of India, Orissa Zone. He holds a Baccalaureate in Science, Law. He is also a Certified Banker, Company Secretary, Cost Accountant. He ranked All India FIRST in ICSI examination and was awarded a medal. He served the Bank of India for 30 years and functioned in several key Senior Management positions including Chief Manger, Lucknow Branch, Regional Manager, Howrah & Madurai Region and Deputy Zonal Manager, Orissa Zone. His core area of exposure was in Project & Business Credit Appraisal and Administration & Forex. Mr. Rajagopal then moved to the private sector in 1995 and was AVP, Corporate Advisory Services, Sterling Holiday Financial Services Ltd., Chennai, Group Vice President, Lan Eseda Group of Companies, Chennai, Managing Director, Trident Finance Ltd., Chennai. He then went to Kazakhstan as the Dy. Director (Finance), Texuna Chemicals Inc. BVI, a Multi Million Dollar MNC in Phosphate Mining, Chemical and Fertilizer group. Currently he is a Netpreneur and Vice President, South India, FIIFA, First International Investment Association. He is knowledgeable in the following languages: English, Russian, German, French, Tamil, Telugu, Hindi, and Bengali.
| Organization | Position | Status |
|---|---|---|
| Fiifa Corporation | President | Current |
| Fiifa Corporation | Vice President of Fiifa South India | Current |
| Bank of India | Manager | Current |
| Bank of India | Chief | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Current | |
| Union Bank of India | General Manager | Former |
| University of Delhi | Lecturer | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of India | Board of Directors | Current |
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