Bank Of India Receives Top Honours At PFRDA

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Bank of India
Bank of India

MUMBAI: The Bank of India (BOI) has been honored with multiple prestigious awards, recognizing its outstanding performance in various aspects of banking and financial inclusion. BOI has been felicitated with the Atal Pension Yojana Annual Award for FY2023-24 by PFRDA (Pension Fund Regulatory and Development Authority Awards) for the second consecutive year. Additionally, the Bank has been awarded the APY Ultimate Champions Cup while three of its branches have been recognized among the top five branches across India.

In a testament to its leadership role, the State Level Bankers’ Committee (SLBC) Jharkhand, led by Bank of India, received the prestigious ‘Award of Ultimate Leadership’ for exemplary contributions to APY enrolments in the state. The Bank’s commitment to financial inclusion was further highlighted as BOI-sponsored Regional Rural Banks – Aryavrat, MPGB, and VKGB – were also felicitated for their APY enrolment achievements.

The awards were presented by the Secretary of the Department of Financial Services, in the presence of the PFRDA Chairperson and senior executives from public sector banks. Mr M Karthikeyan, Executive Director of Bank of India, accepted the awards on the Bank’s behalf.

Rajneesh Karnatak, Managing Director & CEO – Bank of India, stated: “These awards reaffirm our unwavering commitment to financial inclusion and excellence in banking services. Such recognitions motivate us to continue innovating and expanding our reach to serve every segment of society.”

These accolades underscore the Bank of India’s dedication to promoting financial security, retirement planning, and overall banking excellence.

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