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
-
2nd UPDATE: Bank Of India Net Profit Down 58%; Shares Down Near 2-Month Low
News & Analysis
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bank of india - All News and Analysis
INDIA
Stock markets Shares fell 3.4 per cent after an interim budget failed to deliver on investor expectations on a stimulus plan for sectors such as autos and construction. The BSE index fell 329.3 to 9,305.5. Bank stocks fell after acting Finance minister Pranab Mukherjee proposed an increase...
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...
BankServ Enables Union Bank of India to Meet SWIFTNet Phase 2 C1 Country Deadline.
SAN FRANCISCO, September 18 /PRNewswire/ -- - Leading Indian bank is live with latest version of BankServ's TurboSwift BankServ (http://www.bankserv.com), worldwide experts in electronic payments, announced today that Union Bank of India, the leading public sector Indian bank, has successfully...
Singapore QFB licence for SBI, BoI, BoB likely.
Sep. 9--NEW DELHI -- The Monetary Authority of Singapore may finally grant qualifying full banking QFB licence to three Indian banks -- State Bank of India SBI, Bank of India BoI and Bank of Baroda BoB. The QFB status in Singapore will permit Indian banks to ...
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...
BIGGEST BANK OF INDIA TO SET UP ITS FIRST CHINESE BRANCH
According to fdi.gov.cn: After setting up a representative office in Shenzhen in 2003, Bank of India, the most powerful bank in India officially set up a branch in Shenzhen carrying out overall bank service of foreign exchange. This is the first branch opened in Chinese mainland. Expert believes that as...
CHINA: BIGGEST BANK OF INDIA TO SET UP ITS FIRST CHINESE BRANCH.
According to fdi.gov.cn: After setting up a representative office in Shenzhen in 2003, Bank of India, the most powerful bank in India officially set up a branch in Shenzhen carrying out overall bank service of foreign exchange. This is the first branch opened in Chinese mainland....
Reserve Bank of India questions HTIL's holding in Hutch-Essar.
Byline: R Sriram Mar. 26--MUMBAI, India -- The Reserve Bank of India RBI has said that a multi-layered holding structure put in place by Hutchison Telecom for a 12.26 percent stake -- the stake that the company could not own directly in Hutch-Essar --...
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 |
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 | 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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