Right now, as of 2025, Bank of India is a decently large public sector bank in the country, and now, there are merger reports coming up, which can happen very soon, and right away, a lot of people are intrigued about this bank once again. So, this post is to give a little brief into this bank by talking about things like Bank of India Net Worth, CEO, Head Office, etc.
| Bank name | Bank of India |
| Establishment year | 1906 (7 September 1906) |
| Head Office | Mumbai |
| CEO name | Rajneesh Karnatak (MD & CEO) |
| Net worth (market cap) | ₹63,892 crore (NSE, today) |
| Total revenue | ₹66,804.34 crore total income (FY2023-24) |
Bank Profile
Well, first of all, this very bank was founded on 7 September 1906 in Mumbai by a group of BIG businessmen like Ramnarain Ruia, Ratanjee Dadabhoy Tata, and Sir Cowasjee Jehangir. It is true that the Bank of India operated as a private bank for some time and was later nationalized on 19 July 1969. It has expanded its reach from a single office in Mumbai to thousands of branches spread throughout India and even in foreign countries. Right now, their main head office is down there in Mumbai.
Net Worth (Market Capitalisation)
Could we tell you a straight-up and latest net worth number for the Bank of India? Well, that number is not readily available for most banks out there, but just to get the idea of the current valuation of this bank, you can pretty much look at the market cap numbers. So, in the case of Bank of India, this market capitalization number as of 6th Nov 2025 is standing at a huge ₹63,892 crore.
Recent Updates & Outlook
As per their financial reports, well, Q2 FY26 net profit increased 7.62% year-on-year to ₹2,555 crore, thanks to lower credit costs, according to the report. Talking about their global business, well, it was close to ₹15.62 lakh crore, with deposits and advances both growing at double-digit rates, and asset quality getting better with GNPA and NNPA ratios going down year-on-year. And there are reports that are coming up stating that there could be a merger of Bank of India very soon, though nothing is confirmed yet.
