Latest Bank of India News: Finextra Research

Bank of India opens startup-focused branches

Bank of India has opened three branches dedicated to serving the country's startup companies.

25 July 2023

Bank-backed RuPay lays down the gauntlet to card schemes in India

The National Payments Corporation of India has launched RuPay, a bank-backed debit card scheme to rival Visa, MasterCard and America Express.

02 April 2012

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Indian central bank approves Equifax joint venture

The Reserve Bank of India has greenlighted a joint venture between Equifax and six Indian financial institutions to create a nationwide credit information agency.

30 March 2010

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Hackers hi-jack Bank of India Web site

The Bank of India has been forced to shut down its Internet banking site after discovering it had been hi-jacked by fraudsters to download malware to customers' PCs.

03 September 2007

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Bank of India licenses FinArch compliance software

Belgium's Financial Architects (FinArch) has signed Bank of India to its automated financial reporting and compliance software.

14 August 2007

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Bank of India awards HP ten-year IT outsourcing deal

Bank of India has awarded Hewlett-Packard a 10-year, IT infrastructure and applications outsourcing contract valued at $150 million.

25 February 2004

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Misys commits to platform independent, global processing model

Misys Wholesale Banking Solutions, which is demonstrating its MidasPlus Global Processing service at Sibos in Singapore, has revealed its intention to move its other products, such as Trade Innovation and Opics, to a platform independent model.

21 October 2003

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Indian banks sign MOU for shared ATM network

EFT processor India Switch Company has been selected to implement and manage a shared ATM network for Bank of India, Indian Bank, Punjab National Bank, Syndicate Bank and United Bank of India.

14 April 2003

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Brief: Bank of India signs with Misys for MidasPlus

Misys Wholesale Banking Systems has signed one of its largest banking software contracts in Asia, with Bank of India.

24 March 2003

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