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Our Bureau

Mumbai, July 5

The Bank of India (BOI) has entered into a bilateral agreement with State Bank of India for both the banks to share each other's network of ATMs. The new arrangement will add another 5,500 ATMs of the SBI network for BOI clients, said a press release. BOI is also part of the `Cash Tree' and ` Bancs' network which together account for access to 7,000 ATMs.

With this tie-up, BOI clients will have access to a total of 12,500 ATMs. The charges offered by the various networks range from Rs 10-Rs 22, said the release.

More Stories on : Alliances & Joint Ventures | Public Sector Banks | State Bank of India

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