NEW YORK, NY (TIP): Bank of India Chairperson & Managing Director Mrs. V.R. Iyer visited New York on Jan 30 and 31 and met US clients. She also attended an Investors’ Meet. She was accompanied by Executive Director N. Seshadri and General Manager(International)S.K. Datta. It was Mrs. Iyer’s first visit to NewYork after she took over as CMD ofBank of India on November 5, 2012.Speaking at the reception hosted by Bank of India US Operations Chief Executive B.B. Joshi, Mrs.Iyer appreciated the cooperation of US clients.

She said the bank’s US operations were on a sound keeland that 31% of the bank’s international revenue came from US operations. She had a word of appreciation for Mr. Joshi and theUS team.Mrs. Iyer also spoke of plans tointroduce CORE banking technologyby the “end of the month” and thengo in for internet banking and retailbanking. The latter two needed tomeet some regulatory provisions ofthe US administration, she said.She also took a few questions.Mr. Seshadri also addressed thegathering and thanked the clientsfor reposing trust in the bank.

He said the effort is to come up withservices to the maximumsatisfaction of the customers.The event was attended by bank’sclients, community leaders and themedia.Earlier in his brief welcomeaddress, Mr.Joshi extended welcometo visiting BOI officials Mrs.Iyer, Mr.Seshadri and Mr. Datta. He said thatthough Mrs. Iyer has visited USAearlier too, as BOI CMD it was herfirst visit and he was very happy towelcome her. He extended a word ofwelcome to the Executive DirectorMr. Seshadri and the GeneralManager Mr. Datta. He thankedguests for having come to thereception “despite inclementweather”.