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Old 5th October 2016, 11:34 AM
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Default Bank Of India History Pdf

Hello sir, my father wants to know history of Bank of India. Is there any one can provide me history detail of bank of India in PDF form?
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Old 5th October 2016, 12:21 PM
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Default Re: Bank Of India History Pdf

In India the 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.

As per provided detail by bank of India the Bank has 4963 branches in India spread over all states/ union territories including specialized branches.

These branches are controlled through 54 Zonal Offices. There are 60 branches/ offices and 5 Subsidiaries 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.

1985
Rs 43 crores capital contributed by Government.

1986
Rs 27 crores capital contributed by Government.

1988
Rs 35 crores capital contributed by Government.

Bank of India history:
(Image)



Contribution of foreign branches in the global business of the Bank as at 30.06.2015 is as under:

Deposits 25.95%
Advances 28.97%
Business Mix 27.27%

Data of 94 banks in India failed between 1913 and 1918 as indicated in the following table

Years Number of banks that failed Authorised Capital(₹ Lakhs) Paid-up Capital(₹ Lakhs)
1913 12 274 35
1914 42 710 109
1915 11 56 5
1916 13 231 4
1917 9 76 25
1918 7 209 1
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