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Bank of IndiaIndia
Active
This profile is actively maintained
Last update: 2022-11-22 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: 2022-11-22 00:00:00
About
| Website | http://www.bankofindia.co.in |
| Headquarters |
Star House C-5 400 051
Mumbai
India
|
| CEO/chair |
Shri Atanu Kumar Das Managing Director and CEO |
| Supervisor | |
| Ownership |
listed on Bombay Stock Exchange
Government-owned since nationalisation in 1969 |
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
Policies
Voluntary standards
Bank of India does not have publicly available investment policies nor a web page on corporate social responsiblity. In its annual report of 2018-2019 (p. 43) the bank devotes a small section to corporate social responsibility.
Bank of India has committed itself to the following voluntary standards:
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.
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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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