Bank of India opens corporate branch

Mumbai, Apr 22: Leading nationalised bank, Bank of India's (BoI) first large corporate branch was launched in Mumbai yesterday, by its Chairman and Managing Director M Balachandran, a release issued here stated.

The branch, a part of BoI's 600 branches already under its core banking network, will cater to corporate clients having credit requirements of Rs 50-crore and above.

Deploying the latest technology and credit expertise, this branch will offer not only conventional products for corporatss but also emerging products like derivatives, credit-linked notes, among others, the release added.

UNI