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OpinionsBank of India a strong Bank

Bank of India a strong Bank

Date:

Vinod C Dixit

Bank of the most trust branded banks in India deserves praise for winning the “THINK – Banking Awards 2021 under 2 categories viz. “ The Most Efficient Bank” and “The Best Bank in Tier II” Think Business is encouraging innovation, prudence and stability in the banking sector by recognizing, awarding and celebrating exemplary performance in the sector.BOI has shown great commitment and changed the way banks do things from the old approach to a more focused one. These ethos have been recognised

Bank of India a premier banking institution has become one of “The Bank of Choice” for corporate medium businesses and up market retail customers. The Bank has over 5000 branches in India spread over all states/ union territories including specialized branches. BoI is a founding member of the Society for Worldwide Interbank Financial Telecommunication, also known as SWIFT.

BoI has several firsts to its name and has always been in the forefront for bringing about new concepts and changes in the Indian banking scenario. There is no doubt that BOI continues to have a commanding presence in the nation's corporate-industrial realm.BOI is being placed continuously amongst the most trusted brand in the banking industry reveals the trust of its customers in the bank.

It is said that “Change” is the only constant phenomenon. BoI's endeavour has always been to adapt to the “Change” in operative by converting it into an opportunity for growth.

In the banking sector, the bank has a good image, as it has already been judged the best bank in terms of customer service, among the nationalised banks. I would only say that today in the fast changing banking scenario in the country that has been adding fuel to the competitiveness in the industry and when it very clear that the fittest would survive the onslaught of fierce and cut throat competition, complete participation of staff members at all levels is a must to achieve the desired goals. BoI has been quick to realise the challenges facing the banking industry. BoI has taken various initiatives to strengthen internal systems and procedures so as to enhance customer convenience and boost competitive edge of the Bank .

Bank of India is alive to customer needs and is gearing up to further extend customer-friendly services &  innovative tailor made products at the most competitive pricing and is able to satisfy customers needs and demands. The greatest challenge before Bank of India is that it upholds the value systems and the business ethics laid down and practised over the years by Late Shri Cawasjee Jehangir who built this bank in its early formative years and grew it into this great Bank it is today. BOI is a bank that believes in nation building, ethics & integrity, value for customers, pride for its employees, profitable growth and contributing to society.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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