Bank of India is one of the major Indian banks. It has presence all over India and it has some branches in 12 other countries. Now, it is going to open branches in Tanzania, South Africa, Belgium, China, Indonesia and Qatar. So, you can see that the Bank is opening new branches in three continents- Asia, Africa and Europe. I am quoting from a report of the Hindu:
“The Bank of India will shortly embark on a massive expansion programme abroad by opening branches in Tanzania, South Africa, Belgium, China, Indonesia and Qatar.
"The bank which has 24 branches outside India in 12 countries plan to expand further in Tanzania, South Africa, Belgium, China, Indonesia and Doha," said M Balachandran Chairman and Managing Director of Bank of India.
Observing its centenary celebrations here, Balachandran said, "with a large number of Indian Corporate houses and entrepreneurs currently acquiring overseas assets, we are providing them necessary financial support.”
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