Bank of India Boosts National Presence with 111 New Branches, Including Five in Coimbatore Region

Bank of India (BOI) has significantly expanded its national network with the launch of 111 new branches across India, signaling a strong push for enhanced customer reach and financial inclusion. The virtual inauguration, spearheaded by Managing Director & CEO Rajneesh Karnatak, highlights the bank's strategic focus on broadening its footprint in key markets.
The expansion includes a notable strengthening of BOI's presence in Tamil Nadu, with ten new branches. Specifically, the Coimbatore Zone has seen the addition of five new branches – Coimbatore Emerging Corporate Credit Branch (ECCB), Kondarasampalayam, Neelambur, Thondamuthur, and Vellakoil.
"This expansion strategically augments our presence in vital urban and semi-urban hubs, bringing our services closer to our customer base," stated Mr. Karnatak. "By expanding our branch network, we aim to deliver improved accessibility, enhanced customer convenience, and a more tailored banking experience. 
We are dedicated to ensuring seamless financial access, supporting small and medium enterprises (SMEs), and empowering individual financial growth. This move is in line with our broader objective of driving financial inclusion and contributing to national economic development."
This expansion reflects BOI's commitment to bridging financial access gaps and fostering inclusive economic growth across the country, reinforcing its strategic position in the Indian banking sector.