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| “Trusted Banking for a Better Tomorrow : Bank of India’s Vision | | | Vinod Chandrashekhar Dixit
Founded on September 7, 1906, Bank of India (BOI) is celebrating its 120th foundation day. BOI has evolved into a leading financial institution, synonymous with growth, development, and efficiency. With a rich legacy spanning over a century, BOI has consistently demonstrated its commitment to excellence, adapting to changing times while maintaining its core values. Bank of India (BOI) has established itself as a leading financial institution, with its name becoming synonymous with growth, development, and efficiency. Over the years, the bank has consistently demonstrated its commitment to excellence, leveraging cutting-edge technology and harnessing the best capabilities to deliver exceptional services. With a strong foundation and a rich legacy, BOI has evolved to meet the changing needs of its customers, offering a wide range of banking products and services. The bank’s emphasis on innovation, customer-centric approach, and robust risk management practices has enabled it to stay ahead of the curve. BoI is poised for a great leap in future. It is today stronger, bigger, more vibrant and confident bank. Several structural changes were introduced in Bank of India to strengthen the recovery mechanism and to strengthen the credit mechanism. Mission Samadhan has played an vital role in reducing the net NPA as it has helped a lot in dealing with big as well as ARC accounts. BoI is working on strengthening its processes on a quarter-on-quarter basis and is focussing on asset composition, quality and capital maximization which is more important than growing business. Customers acquisition and introduction of new projects, campaigns and products as well as services have given a new impetus. Bank of India’s name is now a household name and synonymous with growth, development and efficiency. The bank has the best of technology and best of capabilities. It has several firsts to its name and has always been in the forefront for bring 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. It is observed that amongst all banks BOI remains one of the front runners in the commitment and implementation of Financial inclusion initiatives. BOI is a bank that believes in nation building, ethics & integrity, value for customers, pride for its employees, profitable growth and contributing to society. Top Managements has initiated very good reforms in bank and is reviving very fast. BOI has been built on very sound principles with a unique culture, enriched by successive generations. BOI’s adoption of best-in-class technology has facilitated seamless transactions, efficient service delivery, and enhanced customer experience. The bank’s digital banking platforms, mobile apps, and other innovative solutions have empowered customers to manage their finances conveniently and securely. The huge force of BOI has the capacity to walk an Extra Mile and put in extra efforts by “Working More” and “Working Better”and will come out with decent figures in March 2026. BOI being placed continuously amongst the most trusted branch in the banking industry reveals the trust of its customers in the bank. Through its unwavering commitment to excellence and customer satisfaction, Bank of India has earned the trust and confidence of millions, cementing its position as a household name and a driving force in the country’s banking sector. Lastly, I would like to quote the words of Edwin C. Bliss “Success doesn’t mean the absence of failures, it means the attainment of ultimate objectives. It means winning the war, not every battle.” |
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