Dr. Vinod Chandrashekhar Dixit
On September 7, 1906, Bank of India (BOI) began its journey with a vision to serve the nation. Today, as we celebrate the 121st Foundation Day, BOI stands tall as one of India’s most trusted financial institutions. Over 12 decades, the bank has grown from strength to strength, becoming a symbol of stability, progress, and people-first banking.
With a rich legacy spanning more than a century, BOI has consistently demonstrated its commitment to excellence. The bank has adapted to changing times while upholding its core values, leveraging cutting-edge technology and best-in-class capabilities to deliver exceptional services to millions of customers.
Built on a strong foundation, BOI has evolved to meet the changing needs of its customers by offering a wide range of banking products and services for retail, MSME, corporate, and rural segments. The bank’s emphasis on innovation, customer-centricity, and robust risk management has enabled it to stay ahead.
Today, BOI is stronger, bigger, more vibrant, and confident. Several structural reforms have been introduced to strengthen the credit appraisal and recovery mechanisms. Mission Samadhan has played a vital role in reducing Net NPA by effectively addressing large corporate and ARC accounts. The bank is continuously working on process improvement on a quarter-on-quarter basis, with a clear focus on asset quality, composition, and capital maximization — prioritizing sustainable growth over mere business expansion. New customer acquisition drives, campaigns, and product launches have also given fresh impetus to growth.
BOI has been a pioneer with several firsts to its name and has always been at the forefront of introducing new concepts in the Indian banking sector. The bank enjoys a commanding presence in the nation’s corporate-industrial space and remains one of the front-runners in Financial Inclusion initiatives and implementation of government schemes.
At its core, BOI believes in nation building, ethics & integrity, value for customers, pride for employees, profitable growth, and contribution to society. Under the guidance of Top Management, the bank has initiated key reforms and is reviving rapidly. BOI’s unique culture, built on sound principles and enriched by successive generations, continues to be its greatest strength.
The adoption of best-in-class technology — including digital banking platforms, mobile apps, UPI, and other innovative solutions — has ensured seamless transactions and an enhanced customer experience.
The dedicated workforce of BOI has the spirit to go the “Extra Mile” by “Working More and Working Better.” This commitment will help the bank deliver strong results in March 2027. BOI’s consistent ranking among the most trusted banks in the country reflects the faith and confidence of its customers.
Through its unwavering commitment to excellence and service, Bank of India has earned the trust of millions and cemented its position as a household name and a driving force in India’s banking sector.
For 120 years, Bank of India has stood for trust, resilience, and progress. As we move ahead, we remain committed to our customers, our people, and our country. As Edwin C. Bliss said, “Success doesn’t mean the absence of failures; it means the attainment of ultimate objectives. It means winning the war, not every battle.” BOI continues to win that war — one customer, one community at a time. |
