Bank of India (BOI) is a major Indian public sector bank headquartered in Mumbai. Founded in 1906, it became state-owned after nationalization in 1969. It provides commercial, retail, and international banking services, maintaining a wide domestic network and a global presence across several continents. Bank of India began as a privately held institution created by prominent Mumbai businessmen with a paid-up capital of ₹50 lakh and 50 employees. It was nationalized in 1969 along with thirteen other banks to expand financial inclusion. Over more than a century, it has grown into a major nationalized bank with operations in all Indian states and territories and a strong overseas footprint including branches in London, New York, Tokyo, Dubai, and Singapore.