Mumbai, March 4, 2025: Bank of India (BOI) has taken a significant step in expanding its footprint by inaugurating 111 new branches across the country. The virtual inauguration was led by the Managing Director & Chief Executive Officer, Mr. Rajneesh Karnatak, reinforcing the bank’s commitment to financial inclusion and enhanced customer accessibility.

The newly inaugurated branches span multiple cities, further strengthening Bank of India’s nationwide presence. Hyderabad FGMO (Field General Manager Office) has seen the highest increase, with seventeen new branches. Chennai FGMO has witnessed significant growth with fourteen new branches. Pune FGMO has expanded with thirteen and New Delhi FGMO has introduced twelve new branches. Bhopal FGMO has expanded with eleven. Chandigarh and Lucknow FGMO have each inaugurated ten branches each.

Commenting on the expansion, Mr. Rajneesh Karnatak, Managing Director & Chief Executive Officer, said: “This expansion strengthens our presence in key urban and semi-urban centers, bringing banking services closer to our customers. By increasing our branch network, we aim to enhance accessibility, improve customer convenience, and provide a more personalized banking experience. We remain bound to provide seamless financial access, supporting small businesses, and empowering individuals with the resources they need to grow and thrive. This initiative aligns with our broader vision of driving financial inclusion and contributing to the nation’s economic growth.”