Bank of India plans 130 branches this fiscal

Published on Wed, Mar 04, 2009 at 08:36 |  Source : Business Line

Updated at Wed, Mar 04, 2009 at 08:44  

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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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