532149 · Bank of India

Description

Bank of India engages in the provision of commercial and retail banking services. The firm’s products include home loan, personal loan, vehicle loan, education loan, savings account, salary account, debit card, credit card, prepaid cards, and term deposits. It operates through the following segments: Treasury Operations, Wholesale Banking Operations, Retail Banking Operations, Digital Banking, Other Retail Banking, and Other Banking Operations. The Treasury Operations segment deals with government and other securities, money market operations and forex operations including derivative contracts. The Wholesale Banking Operations segment provides all lending activities to trust, partnership firms, and companies. The Retail Banking Operations segment covers digital banking and other retail banking. The Digital Banking segment offers digital banking products acquired by DBUs. The Other Retail Banking segment is involved in all housing loan accounts and borrower accounts. The company was founded by Sassoon Jacob Hai David, J. Ratanjee Dadabhoy Tata, Gordhandas Khattau, Cowasjee Jehangir, Lalubhai Samaldas, Khetsey Khiasey, Ramnarain Hurnundrai, Jenarrayen Hindoomull Dani, Noordin Ebrahim Noordin, and Shapurji Broacha on September 7, 1906 and is headquartered in Mumbai, India.