Located in Bengaluru, Mumbai and New Delhi, the branches will offer banking services to startups under one roof, serving as a hub for entrepreneurs in the ecosystem with a dedicated relationship manager.
The bank says it plans to add another nine branches as it backs the government’s Start-Up India initiative.
Shri Rajneesh Karnatak, CEO, Bank of India, says: “These start-up branches will add to the MSME book of Bank of India, which is the thrust area for our bank and the country.”