Bank of India has launched three new branches specifically designed to cater to startup companies in the country. These branches, located in Bengaluru, Mumbai, and New Delhi, will provide a comprehensive range of banking services and serve as a central hub for entrepreneurs, complete with dedicated relationship managers.
The bank has indicated plans to open an additional nine branches in support of the government’s Start-Up India initiative. Shri Rajneesh Karnatak, CEO of Bank of India, stated, “These startup branches will enhance the MSME portfolio of Bank of India, which is a key focus area for both our bank and the nation.”