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Bank of India. Bank of India ( BOI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective financial ...
Ketan Parekh is a former stockbroker from Mumbai, who was convicted in 2008 for involvement in the Indian stock market manipulation scam that occurred from late 1998 to 2001. [1] During this period, Parekh artificially rigged prices of certain chosen securities (informally referred to as K-10 stocks), using large sums of money borrowed from ...
History A 2010 stamp dedicated to Sorabji Pochkhanawala and the 100th anniversary of the Central Bank of India. The Central Bank of India was established on 21 December 1911 by Sir Sorabji Pochkhanawala with Sir Pherozeshah Mehta as chairman, and the first commercial Indian bank completely owned and managed by Indians.
Office. Managing Director and Chief Executive Officer of Bank of India. Predecessor. Atanu Kumar Das. Rajneesh Karnatak is an Indian career banker who serves as the managing director and chief executive officer (CEO) of Bank of India, [1] a public sector bank in India. [2] [3] He was appointed to this position by the government of India in 2023.
Bank of India (Kenya) is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the national banking regulator. [1] As of May 2015, Bank of India (Kenya) is a medium-sized financial services provider in Kenya. Its total assets were valued at approximately US$541 million (KES:51 billion).
Bank of India Uganda Limited opened in 2012 with an objective to become a key financial player for corporate, medium business and up-market retail customers and developmental banking for micro and small business, while providing cost effective services. It offers a wide range of products that include savings deposit, current account, fixed ...
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
Andhra Bank and Corporation Bank were merged into Union Bank of India. Syndicate Bank was merged into Canara Bank. Public Sector Undertakings (Banks) Nationalized Banks (Government Shareholding %, as at end-March 2023) State Bank of India (57.59%) Canara Bank (62.93%) Bank of Baroda (63.97%) Punjab National Bank (73.15%) Indian Bank (79.86% ...