What is Bank of India Salem Contact?
Bank of India Salem is one of the branch locations of an Indian public sector bank known as "Bank of India". The bank is pioneered in offering a large number of banking and other financial services ranging from general banking services like savings and current accounts, consumer banking, commercial banking, merchant banking, investment banking and others. Bank of India divided into three business segments that are named as treasury operations, wholesale banking and retail banking.
History
Bank of India is an old bank that was founded back in the year 1906 by a group of individuals belonging to different religions consisting of Hindus, Muslims, Parsees, and Jews in Bombay presently known as Mumbai. The bank was formed in order to serve all the communities living in the country with an initial capital of 10 million Indian rupees divided into one lakh shares each of rupees hundred. Ratanjee Dadabhoy Tata, a famous business magnate was a member of the first team of board of directors of the bank. For providing support to their services, the bank have a customer care center employed with professionals.
Subsidiaries
Bank of India is having number of subsidiaries through which it offer their services in different parts of the world. The major ones are
Boi Shareholding Limited, Bank of India (New Zealand) Limited, Bank of India (Uganda) Limited, PT Bank of India Indonesia Tbk, Bank of India (Tanzania) Limited, Bank of India (Botswana) Limited, BOI
Axa Investment Managers Private
Limited and BOI AXA Trustee Services Private Limited.