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Money & Banking - Public Sector Banks


Bank of India gets nod for office in South Africa

Our Bureau

Mumbai , Jan. 20

BANK of India has received RBI approval to open an office in Johannesburg, South Africa, said a press release from the bank. The bank now has 23 foreign offices in 12 countries.

The bank holds RBI approval for opening five new offices in four countries.

In the medium term Bank of India plans to take its overseas network to about 30 offices in 20 countries, the release said.

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