Introduction of various schemes, Bank of India

11-04-09 In the press meet on April 2009 in Moti Mahal at 1 pm, Executive Director M. Narendra addressing the press explained about the financial growth of bank. Bank of India has made 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.

Bank of India’s network comprises of 3023 domestic branches and 28 overseas branches spread across 5 continents. The bank has the best IT infrastructure of its class in the country. Bank’s branches are fully computerized. Over 2593 branches are networked and cover 1553 centres. All networked branches are Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer (NEFT) enabled with capability to facilitate fund transfers to over 32,000 bank branches across the country. Bank of India is on its way to become a financial super market “a one-stop-shop for all banking needs” encompassing the entire gamut of banking and financial products etc.

Bank has pioneered introduction of various schemes for the benefit of trade, industry, commerce & agriculture. Apart from the traditional bank deposit and loan products, our bouquet of products and services offered include Treasury, Forex, Trade finance, Retail, Commercial loans to large & medium industries, Loans to SME’s agriculture finance etc.

 Manager Sudhakara Kotian, General Manager Kodana Rama were present in the occassion.

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