Bank of India plans 130 branches this fiscal

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Bank of India plans 130 branches this fiscal

Bank of India is on a branch network expansion spree. “The bank has obtained license for opening 130 branches this fiscal. We have inaugurated around 100 new branches so far, taking the total branch network to 2,978,” said Mr T.S. Narayanaswamy, its Chairman and Managing Director.

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Coimbatore, March 3

Bank of India is on a branch network expansion spree. "The bank has obtained license for opening 130 branches this fiscal. We have inaugurated around 100 new branches so far, taking the total branch network to 2,978," its Chairman and Managing Director, Mr T.S. Narayanaswamy, said at the launch of the Tirumayam branch in Pudukottai district on Saturday.

The branch was inaugurated by the Union Home Minister, Mr P. Chidambaram.

Ten of the 100-odd branches opened this fiscal has been in Tamil Nadu, and the branch at Tirumayam is its 154th in the State.

Also Read: Bank of India Q3 net profit at Rs 872.2 cr

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