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Bank of India Tanzania
Currency USD
Buying Rates
2309
Selling Rates
2339
Currency GBP/TZS
Buying Rates
--
Selling Rates
3035
Currency EUR/TZS
Buying Rates
Selling Rates
2755
Currency KSH/TZS
Buying Rates
Selling Rates
21.66
Currency USD/INR
Buying Rates
Selling Rates
73.05
Currency INR/TZS
Buying Rates
Selling Rates
32.04
Bank of India was founded on 7th September 1906 and was nationalized in 1969. Government of India holds 87.05% share in Bank of India. The Bank has over 5100 branches in India and 60 foreign offices, 5 subsidiaries and 1 joint venture abroad spread over 22 countries. It has presence at all the key financial centres of the world including New York, Tokyo, Singapore, Hongkong, London, Paris, Beijing, Nairobi, Johannesburg and Dar es Salaam.
Bank of India has been selected as the Top Indian Company under Banking Sector for the Dun & Bradstreet- Rolta Corporate Award 2008. It has also won the Award for Top Public Sector Bank under Best Bank category and adjudged overall Best Bank in Dun and Bradstreet Banking awards 2008.
Bank of India has a robust balance sheet size which is reflected in its business figures for the period ending 31st March 2019. These are as under:
| Business mix | 131.74 Billion USD |
| Operating profit | 1.18 Billion USD |