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Bank of IndiaIndia

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Last update: 2024-10-29 00:00:00
Bank of India's head office in Mumbai. Photo: Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2024-10-29 00:00:00
About
Website http://www.bankofindia.co.in
Headquarters
Star House C-5 400 051
Mumbai
India
CEO/chair Shri Rajneesh Karnatak
Managing Director and CEO
Supervisor
Reserve Bank of India
Ownership
listed on Bombay Stock Exchange

Bank of India is majority-owned by the Indian Government (73.38%). The bank's complete shareholder structure can be accessed here.

Bank of India is an Indian state-owned commercial bank with headquarters in Mumbai, Maharashtra, India. It was founded in 1906 and was privately owned untill July 1969 when it was nationalised along with 13 other banks. The bank operates over 5,000 branches in India and has 60 offices abroad. The bank is the fifth largest bank in India and offers private and retail banking services as well as asset management.

Sustainability
Commitments
Policies
Voluntary standards

Bank of India does not have publicly available bank policies nor does it have a web page on its sustainability commitments.

KYC/AML/CFT Policy

Bank policy
2019-12-17 00:00:00 | Bank of India

Code of conduct for directors

Bank policy
2019-01-22 00:00:00 | Bank of India

Code of conduct for general managers

Bank policy
2019-01-22 00:00:00 | Bank of India

Anti-money laundering questionnaire

Bank policy
2018-12-31 00:00:00 | Bank of India

Corporate Social Responsibility

Bank policy
2015-09-21 00:00:00 | Bank of India
Bank of India has committed itself to the following voluntary standards:
Code of Conduct for Business TaxationTags: taxation | corruption
Dodgy Deals

Bank Of India is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Bank Of India's link to these deals.

Projects / Companies
Finance type
Year
News
Resources
Documents
Links
Accountability
Grievances

Bank of India operates an Online Grievance channel which can be accessed here.

This page evaluates Bank of India's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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