Bank of India Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Rajneesh Karnatak

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.1yrs
CEO ownership	n/a
Management average tenure	1.1yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO

Rajneesh Karnatak (52 yo)

1.1yrs

Tenure

Mr. Rajneesh Karnatak serves as Managing Director, Chief Executive Officer and Director at Bank of India Limited since April 29, 2023. He served as a Non-Executive Director at Union Bank of India (UK) Limi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
P. Rajagopal	Executive Director	no data	₹3.90m	no data
M. Karthikeyan	Executive Director	3.2yrs	₹3.03m	no data
Subrat Kumar	Executive Director	no data	₹1.16m	no data
Rajneesh Karnatak	MD, CEO & Director	1.1yrs	no data	no data
B. Kumar	GM & CFO	1.9yrs	no data	no data
Yusuf Roopwalla	Chief Technology Officer	less than a year	no data	no data
Chandran Mouli	Assistant General Manager	no data	no data	no data
Abhijit Bose	Chief GM & Chief Compliance Office	no data	no data	no data
Prashant Thapliyal	Chief GM	less than a year	no data	no data
Sheoji Meena	General Manager of Marketing/CMO/Resource Mobilisation/Third party products	no data	no data	no data
Ashok Pathak	Chief General Manager	no data	no data	no data
Sudhiranjan Padhi	Chief General Manager	1.1yrs	no data	no data

1.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 532149's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
P. Rajagopal	Executive Director	4.2yrs	₹3.90m	no data
M. Karthikeyan	Executive Director	3.2yrs	₹3.03m	no data
Subrat Kumar	Executive Director	1.5yrs	₹1.16m	no data
Rajneesh Karnatak	MD, CEO & Director	1.1yrs	no data	no data
Rajiv Mishra	Executive Director	less than a year	no data	no data
Ashok Narain	Nominee Director	less than a year	no data	no data
Veni Thapar	Independent Shareholder Director	2.4yrs	no data	0.000010% ₹ 66.5k
Bhushan Sinha	Non-Executive Nominee Director	2.1yrs	no data	no data
Shenoy Vittal	Independent Shareholder Director	1.5yrs	no data	0.000010% ₹ 66.5k
Mangalam Kumar	Independent Part-Time Non-Official Non-Executive Chairman of the Board	less than a year	no data	no data
Munish Ralhan	Independent Part-Time Non-Official Director	2.2yrs	no data	no data

1.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 532149's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Bank of India Management

Management criteria checks 0/4

Key information

Recent management updates

Bank of India Limited Elevates Prashant Thapliyal from General Manager to Chief General Manager

Bank of India Limited Appoints Rajiv Mishra as Executive Director

Bank of India Limited Appoints M.R. Kumar as Part-Time Non-Official Director as Well as Non-Executive Chairman

Bank of India Limited Announces Appointment of Yusuf H Roopwalla as Chief Technology Officer

Bank of India Limited Announces Board Changes

Bank of India Limited Announces CFO Changes

Recent updates

Bank of India Limited Elevates Prashant Thapliyal from General Manager to Chief General Manager

Bank of India Limited Appoints Rajiv Mishra as Executive Director

Bank of India Limited Appoints M.R. Kumar as Part-Time Non-Official Director as Well as Non-Executive Chairman

Third quarter 2024 earnings released: EPS: ₹4.59 (vs ₹2.23 in 3Q 2023)

Investor sentiment improves as stock rises 15%

Price target increased by 9.2% to ₹135

Bank of India Limited to Report Q3, 2024 Results on Feb 02, 2024

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: EPS: ₹3.65 (vs ₹2.08 in 2Q 2023)

Bank of India Limited to Report Q2, 2024 Results on Nov 04, 2023

Price target increased by 7.8% to ₹111

Bank of India Looks to Put Bad Loans Worth INR 150,000 Million on the Block

First quarter 2024 earnings released: EPS: ₹3.81 (vs ₹1.60 in 1Q 2023)

Bank of India Limited Announces Appointment of Yusuf H Roopwalla as Chief Technology Officer

Bank of India Limited to Report Q1, 2024 Results on Jul 28, 2023

Bank of India Limited Announces Board Changes

Bank of India Limited Approves Dividend for the Year 2022-2023

Bank of India Reportedly Looks to Sell INR 6,700 Million Loans of KSK Mahanadi Power

Upcoming dividend of ₹2.00 per share at 2.7% yield

Full year 2023 earnings released: EPS: ₹9.35 (vs ₹9.07 in FY 2022)

Bank of India Limited Announces CFO Changes

Bank of India Limited, Annual General Meeting, Jun 27, 2023

Full year 2023 earnings released: EPS: ₹9.35 (vs ₹9.07 in FY 2022)

Bank of India Limited Recommends Dividend for the Financial Year 2022-23

Price target increased by 23% to ₹113

Investor sentiment improves as stock rises 20%

Bank of India Limited Announces Resignation of Atanu Kumar Das as Managing Director and Chief Executive Officer

Third quarter 2023 earnings released: EPS: ₹2.23 (vs ₹2.43 in 3Q 2022)

Bank of India Limited to Report Q3, 2023 Results on Jan 17, 2023

Investor sentiment improved over the past week

Bank of India Limited Announces Directorate Appointments

Price target increased to ₹68.00

Less than half of directors are independent

Investor sentiment improved over the past week

Price target increased to ₹68.00

Investor sentiment improved over the past week

Bank of India Limited to Report Q2, 2023 Results on Nov 03, 2022

Bank of India Limited Announces Resignation Mr. P. N. Prasad Shareholder Director (Independent Director) from the Board of Directors

NPCI Reportedly to Pick Up Stake in ONDC

First quarter 2023 earnings released: EPS: ₹1.60 (vs ₹2.18 in 1Q 2022)

Bank of India Limited to Report Q1, 2023 Results on Aug 02, 2022

Bank of India Limited Approves Dividend for the Year 2021-2022

Bank of India Reportedly Scout for Buyers for INR 36.00B Distressed Loans

Upcoming dividend of ₹2.00 per share

Bank of India Limited, Annual General Meeting, Jul 15, 2022

Full year 2022 earnings released: EPS: ₹9.07 (vs ₹6.36 in FY 2021)

Bank of India Limited Recommends Dividend for the Fiscal Year 2022-2023

Bank of India Limited to Report Q4, 2022 Results on May 24, 2022

Bank of India Limited Announces Appointment of B. Kumar as Chief Risk Officer of the Bank in Place of Sripad D S Carapurkar

Less than half of directors are independent

Bank of India Limited Announces Change in Composition of Board of Directors

Phoenix ARC Reportedly in Talks with Banks to Acquire VVF India Loans

Investor sentiment deteriorated over the past week

Price target decreased to ₹57.75

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Bank of India Limited (BSE:532149) completed the acquisition of remaining 49% stake in BOI AXA Trustee Services Private Limited and BOI AXA Investment Managers Private Limited from AXA Investment Managers Asia Holdings Private Limited.

Second quarter 2022 earnings released: EPS ₹2.80 (vs ₹1.66 in 2Q 2021)

Price target decreased to ₹61.80

Bank of India Limited has completed a Follow-on Equity Offering in the amount of INR 25.500126 billion.

Full year 2021 earnings released: EPS ₹6.36 (vs ₹9.39 loss in FY 2020)

Price target increased to ₹53.86

Full year 2021 earnings released: EPS ₹6.36 (vs ₹9.39 loss in FY 2020)

Bank of India Non-Performing Assets Reportedly Up for Sale

Government Nominee Non-Executive Director has left the company

Bank of India Limited announced that it has received INR 30 billion in funding from India

Bank of India Limited Appoints Directorate

Price target raised to ₹45.57

Third quarter 2021 earnings released: EPS ₹1.86 (vs ₹0.42 in 3Q 2020)

New 90-day high: ₹57.40