Bank of India Logo PNG
The Bank of India logo reflects the organization’s Indian roots. The image’s mystical motifs suggest special protection from higher powers. The symbols convey the presence of branches and the organization’s network spreading throughout the country and beyond.
Bank of India is a major commercial bank and a member of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). Founded in 1906, it has opened more than 5300 branches to date, 56 of which are located outside the country. The financial institution has also established five subsidiaries and one joint venture. Additionally, it has five offices. Its headquarters are currently located in the Bandra-Kurla Complex, Mumbai, India.
BOI (its abbreviated second name) emerged as a counterbalance to financial institutions from Europe and America. In the previously colonized country, no one was representing the interests of the native population in the banking sector. Then, in September 1906, a group of influential local businessmen united and created their own bank. It was one of the first private structures of its kind. The significant event took place in the city of Mumbai (in the state of Maharashtra).
The head of the Bank of India became Sassoon J. David, a legendary figure, a shrewd merchant, the first baronet, a textile factory owner, and a member of the Baghdadi Jewish community of Bombay. He led the institution from its foundation until 1926, until the last years of his life.
In the 1950s, the bank intensified efforts to open foreign branches. The first branches were opened in Japan, Singapore, Uganda, Kenya, and Yemen. After a short break, it resumed its exploration of foreign markets. In 1969, along with thirteen other banks, it was nationalized and came under state control.
Meaning and History
Throughout this time, the financial institution has used the emblem approved at the beginning of its career. It has always accompanied financial operations, represented the company internationally, and brought luck, as it initially had a sacred meaning.
What is the Bank of India?
Bank of India is a national commercial bank owned by the Government of India and the Ministry of Finance. It was founded in 1906 by David Sassoon & Co. In 1969, it was transformed into a national bank. Currently, BOI has over 3,500 branches. The bank’s headquarters are located in Mumbai.
before 2011
The Bank of India logo comprises several elements. Its base is a large blue rectangle, beneath which runs a wide orange band of equal length. The name of the financial institution is written in two languages: Indian and English. In the first line, the symbols are white, and in the second, the Latin letters are the same color. A bold, grotesque font is used for them.
To the left is a large five-pointed star. Its triangular orange rays seem voluminous due to the combination of different colors. In the center of the star is a black pentagon with a white circle. It depicts a girl holding a trident and leaning on a lying lion. This may refer to the goddess Durga in ancient Indian mythology. She is a symbol of strength, power, and victory over evil. The lion, in turn, personifies strength and resilience.
2011 – today
The Bank of India (BOI) logo features several elements, each with its own symbolism.
The star’s orange color may symbolize energy, warmth, optimism, and determination, and also indicate the bank’s attractiveness and dynamism.
The pentagon at the center of the star symbolizes stability, protection, and security, and may also indicate the innovations and developments the bank strives to provide its clients. The blue color of the pentagon at the center of the star and of the background under the bank’s name is associated with peace, reliability, and calm.
The image of the girl with the trident and lion has symbolic significance. In Indian mythology, the trident symbolizes wisdom and knowledge and may indicate divine power and authority. The lion is often associated with strength, courage, and protection. The overall image may indicate the bank’s ability to protect and manage financial resources, as well as its pursuit of wisdom and innovation.
The combination of orange and blue colors may indicate the bank’s attractiveness. The image of the girl with the trident and lion emphasizes her pursuit of wisdom and protection.
Font and colors
The logo is a horizontally elongated rectangle with the bank’s symbol on the left and its graphic symbol on the right. The text consists of the name. It is written in clear and legible letters with optimal spacing. Standard grammatical rules are observed: the first letter in the word is capitalized, and the rest are lowercase. The exception is prepositions, which contain only lowercase letters.
To the right is a five-pointed star with unevenly elongated, sharp rays: four of them are equally short, and one is maximally long. Shadows give them a three-dimensional volume, making it seem that one side of the face is light and the other dark.
In the center, on a white background, is a classic deity, a representative of the Hindu pantheon, holding a trident. Beside it looms a lion impressively. The confident posture of both indicates that they are guardians protecting the financial structure from any misfortune and trouble. The circle is inscribed in an inverted pentagon, then in another, larger and correctly positioned.
The logo is written in a smooth, grotesque font from the Sans Serif family. It has its own differences: the letters “a” and “n” have identical slopes of the right legs, slightly slanted, smooth, maximally even, without transitions. The lowercase letter “i” has a tiny rectangle instead of a dot, which does not extend beyond the rest of the symbol.
The corporate palette includes three color options, each of which appears in the emblem. Specifically, these are Raspberry vermilion (#F33F26), mandarin Princeton Orange (#FA7F22), and Ocean Blue Boat Blue (#017DC7). White color is also present: it is used for inscriptions and the background of the star’s central figures.
FAQ
What does the Bank of India logo mean?
The logo of this bank signifies strength and protection. This is hinted at by the figures of the lion and the Indian religious pantheon, each holding a trident.
What does the Bank of India logo represent?
The Bank of India logo features a five-pointed star with an elongated upper ray. In the center is a Hindu deity holding a trident, and next to it lies a lion. To the left is the name in two languages: English and Indian. A horizontal blue rectangle is used as the background.
What font is used in the Bank of India logo?
The inscriptions in the Bank of India logo are done in a bold sans-serif font. The grotesque letters have a slightly rounded shape: one part is straight, and the other is curved. The exceptions are the letters “k” and “i,” both of which are straight.