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About Us

The Bank has over 5100+ branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 69 Zonal Offices and 13 FGMO Offices.

To provide superior, proactive banking service to niche markets globally, while providing cost effective, responsive service to others in our role as a development bank, and in doing so, meet the requirements of our stakeholders.


To become the bank of choice for corporates, medium business and upmarket retail customers and developmental banking for small business, mass market and rural markets.

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.

Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalized banks.

Presently Bank has overseas presence in 15 foreign countries spread over 5 continents – with 47 branches/offices including 4 Subsidiaries, 1 Representative Office and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Paris, New York, DIFC Dubai and International Banking Unit (IBU) at GIFT City Gandhinagar.

  1. Gujarat International Finance Tech-city (GIFT) is divided into mainly two areas: SEZ area and Non-SEZ area.
  2. BANK OF INDIA IFSC Banking Unit is situated at GIFT CITY SEZ, Gandhinagar.
  3. Commenced operations at IFSC Banking Unit on 08th June 2023.
  4. Gujarat International Finance Tech-city (GIFT) SEZ is India’s first International Financial Services Centre (IFSC) under Special Economic Zone Act,2005 (“SEZ Act 2005”)
  5. GIFT City is a new Financial and Technology Gateway of India.
  6. BOI IFSC is having the advantage of both being situated in India providing benefit of the time zone window for its counterparts located globally with competitive pricing and quick processing time from experienced personnel.

You may bank upon us for offering services due to following reason:

  1. Having International Presence across the globe Since 1946.
  2. Catering to the global customer’s demand since so many decades.
  3. Expertise in international market.
  4. Highly qualified and experienced team.
  5. Smooth and Hassel Free Process.

BOI IFSC BANKING UNIT GIFT CITY is headed by Deputy General Manager, designated as the Chief Executive Officer and assisted by a team of professionals.

Sr. No Name Designation Department
1 Mr. Arvind Singh Chief Executive Officer Centre Head
2 Mr. Omkar Nath Upadhyay Dy. Chief Executive Officer Dy. Centre Head
3 Mr. Anil Dangi Credit Head Credit
4 Mr. Sonu Compliance Officer Compliance
5 Mr. Abhishek Kaushik Risk Officer Risk
6 Mr. Hemant Kumar Dealer Treasury
7 Mrs. Reena Sharma Nagaich Operations Head Operations and HR
8 Mr. Gian Singh Chief Manager-Credit Credit
9 Mr. Jitendra Kumar Sharma Senior Manager Trade Finance
10 Mr. Amrat Bar Manager Back office

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