BoI eyes HNIs to counter deposit woes
Business Standard|November 18, 2024
Part of bank's plan to set up a wealth management business by March 2026
Abhijit Lele

Bank of India (BoI) will focus on 1,000 branches out of its 5,200-branch network to attract high net-worth individuals (HNIs) to garner durable money, amid growing pressure on its retail deposits. This is part of a plan to enhance the granularity of deposits and set up a wealth management business by March 2026.

This story is from the November 18, 2024 edition of Business Standard.

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This story is from the November 18, 2024 edition of Business Standard.

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