BANKS DODGY DEALS CAMPAIGNS
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Our projects
Tracking the NZBA
Banks and Russia
Banks and Steel
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Linkedin Login
Home › Banks ›
Bank
Bank of IndiaIndia

Active

This profile is actively maintained
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.

2019-12-17 00:00:00

KYC/AML/CFT Policy

Bank policy
2019-12-17 00:00:00 | Bank of India
2019-01-22 00:00:00

Code of conduct for directors

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

Code of conduct for general managers

Bank policy
2019-01-22 00:00:00 | Bank of India
2018-12-31 00:00:00

Anti-money laundering questionnaire

Bank policy
2018-12-31 00:00:00 | Bank of India
2015-09-21 00:00:00

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
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Major ‘coal banks’ refuse to stop financing coal power boom in Asia

To stop a wave of new coal development across Asia, the End Coal Finance coalition is asking likely financiers to pledge not to back new coal power projects.
2024-11-14 | Nijmegen | BankTrack, Inclusive Development International, Recourse
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coal Havens - Asia’s biggest banks still open for coal business after COP28

The largest banks in India and Indonesia – global hotspots of the coal industry's growth – have no coal exclusion policy
2024-01-23 | Will O'Sullivan – BankTrack
BankTrack news BankTrack blog Partner news Partner blog

The great Indian gold heist

2019-01-22 | Newsclick.in
Resources
Documents
Links
2024-07-31 00:00:00

Annual report 2023-2024

Annual report
2024-07-31 00:00:00 | Bank of India
2024-01-23 00:00:00

Coal Havens

The banks and loopholes keeping coal finance alive in Asia
BankTrack publication
2024-01-23 00:00:00 | BankTrack
2023-07-11 00:00:00

Annual report 2022-2023

Annual report
2023-07-11 00:00:00 | Bank of India
2022-11-22 00:00:00

CSR report 2021-2022

Annual report
2022-11-22 00:00:00 | Bank of India
2021-07-05 00:00:00

CSR Report 2020-2021

Annual report
2021-07-05 00:00:00 | Bank of India
2021-04-05 00:00:00

Annual report 2019-2020

Annual report
2021-04-05 00:00:00 | Bank of India
2020-07-01 00:00:00

CSR report 2019-2020

Annual report
2020-07-01 00:00:00 | Bank of India
2019-12-17 00:00:00

KYC/AML/CFT Policy

Bank policy
2019-12-17 00:00:00 | Bank of India
2019-01-22 00:00:00

Code of conduct for directors

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

Code of conduct for general managers

Bank policy
2019-01-22 00:00:00 | Bank of India
2018-12-31 00:00:00

Anti-money laundering questionnaire

Bank policy
2018-12-31 00:00:00 | Bank of India
2015-09-21 00:00:00

Corporate Social Responsibility

Bank policy
2015-09-21 00:00:00 | Bank of India

Fair Finance Guide India

Assesses how responsible Indian banks are with respect to the Environmental, Social and Governance (ESG) criteria.

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

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 200

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 200
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once


Average

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 209

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 209
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN%
NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 217

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 217
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 220

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 220
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 223

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 223
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN
Good Moves

Good moves

Year:
Send feedback on this profile
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature
Our projects
Tracking the NZBA Banks and Russia Banks and Steel Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Vismarkt 15
6511 VJ Nijmegen
The Netherlands
Contact@banktrack.org
Donate Mailing list Facebook Twitter Linkedin
©2023 BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted