Bank of India, one of the leading banks of the country, organized Export Customers’ Meet in Kolkata. Renowned Exporters from different sector of the state like Steel, Agri Products, Marine Products, Garments and Engineering Goods etc. were present to be a part of this unique meet which was organized mainly to focus BoI’s Export Credit Policies which is designed for providing maximum benefits to the Exporters and to augment further export business.
Shri S.K. Aggarwal, General Manager NBG (East), Bank of India along with Shri Subir Das, Regional Manager, Export Credit Guarantee Corporation (ECGC), Shri E. Gopinathan, DGM NBG (E), Shri D.K. Basu, Zonal Manager, Kolkata Zone, Shri S.S. Das, ZM, Howrah Zone and Shri P. Harikishan, DGM LCB were present to elaborate various policies available and beneficial to the Exporters.
Shri S.K. Aggarwal said, “Exports are ENGINE of growth and it play a critical role in economic development of a nation. Shri Aggarwal also added, “BoI is one of the few Nationalized Banks which has maximum number of foreign branches and presently 61 Offices/Representative Office located in 22 countries.”
As on 31.03.2017 Export Credit outstanding was Rs.10942.81 Crores and it is as on 30.06.2017 gone up to Rs.12421.00 Crores total increase of about 13.92%. BoI offers almost all facilities pertaining to Pre & Post Shipment Credit in Rupee / Foreign currency.