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Business

Bank of India inaugurates new National Banking Group in Chandigarh

March 31, 2022 05:31 PM

Mumbai: Bank of India, one of India’s premier public sector banks, today announced the inauguration of itsnew National Banking Group (NBG) office in Chandigarh. NBG-Chandigarh, has been carved out fromNBG North-I at New Delhi and North-II at Lucknow. It will serve customers in Punjab, Himachal Pradesh, Jammu & Kashmir, Uttarakhandand northernpart of Haryana,covering 233 branches located in these states.
The move is a part of the Bank’s strategy to intense connect with branches and strengthen its relationship with its customers.NBG-Chandigarh will also ensure better control and supervision over banking activities in its jurisdiction and provideimproved services to its customer base in the five northern states. It will facilitate greater flexibility in banking operations and prompt decision making, deployment of staff based on their skills,explorelocalbusiness opportunities across the sectors and deepen financial inclusion. With this reorganisation, Bank of India will have 12 National Banking Group offices and 68 Zonal Offices with an estimated global business mix of Rs 11 lakh-crore as on March 31, 2022. Bank has vast network of 5105 branches for serving over 117.59 million customers from every section of the society. The bank aims to focus on each branch, closely monitor their operations, improve customer service and ensure that each branchcontributes for business growth.

 

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