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| Bank of India’s culture is not one created overnight, but passed down generations forming part of a legacy | | |
Vinod Chandrashekhar Dixit
On September 7, 1906, India was witness to a unique happening – the opening of a bank promoted by Parsis, Hindus, Muslims and Jew, all Indian national – a truly secular bank. BOI was founded in 1906 as the first bank during the British Raj that catered to the people of India rather than the colonial administration. Bank is celebrating its 115th Foundation day.
Bank of India the most trust branded banks in India is now a household name and synonymous with growth, development and efficiency. The survey of BOI being ranked amongst the top ten trusted service brands in India by A. C. Nelson reveals its continued faith of customers in Bank of India as provider of quality and reassurance. The contribution made by BOI to the Indian banking industry is well known. The bank showed an improvement in containing its slippages, or good loans turning bad. Bank has the best of technology and best of capabilities. BOI has travelled a long way gaining strength, braving strong winds of change. Spirit and culture has been a part of the BOI folklore. The BOI culture is not one created overnight, but passed down generations forming part of a legacy. BOI is such a bank that builds relationship with their clientele beyond transactions and treat them with emotions and aims at building ‘Relationships beyond banking’. BOI has a glorious past of 114 years and during these years BOI has witness many ups and downs. Bank has successfully defeated its adversities in the past and have always emerged as a winner. Generations of our countrymen have been witness to the immense contribution of BOI towards professionalization of banking and financial services in our country. Bank has brought smiles into the lives of millions of its customers, aptly considers this as “Relationship beyond Banking”. The Bank is fiercely proud of it status as keepers of trust, its culture of being ethical at all times and its value system which puts customers above all else. The Bank is fiercely proud of it status as keepers of trust, its culture of being ethical at all times and its value system which puts customers above all else.The Bank has always been supportive of the banking habit to the un-banked areas. BOI has a very loyal base of customers and it is in constant touch with customers for ensuring further strengthening of business relationship. There is no doubt that BOI continues to have a commanding presence in the nation’s corporate-industrial realm, it is also in our nature to reach out to every segment of society. |
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