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 Credit Counselling Service (Abhay)



Introduction

Bank of India being a major bank in the public sector always endeavours to strike a viable equilibrium between commercial objectives and social responsibilities. As a reaffirmation of our commitment to the corporate mission, we in our centenary year, started credit counseling services at free of cost to the Common People to enable them to lead a respectable life.

The Credit Counseling services were started under the aegis of the Trust "ABHAY " which was launched at the hands of His Excellency President of India Dr. A.P.J. Abdul Kalam at New Delhi on 25th August, 2006. The first center was inaugurated at Mumbai by Dr. Y.V.Reddy, Governor, Reserve Bank of India on 7th September,2006 which was followed by Centres at Wardha in Nagpur and Chennai.

The following are the main objectives of the Trust.

  • Advising on gaining access to structured financial system including banking

  • Creating awareness among the public about financial management

  • Counseling people who are struggling to meet the repayment obligations and helping debt resolution

  • Helping in rehabilitation of borrowers in

  • Friendly and timely guidance coupled with related support extended by the counselors will not only mitigate the immediate stress of the trapped individuals and their households, but it will also help to infuse confidence in others who are in distress, irrespective whether they are customers of Bank of India or other Banks. With the common objectives of counseling the borrowers, different focus is being given in metro/urban and rural areas, to meet their different needs.

    Our endeavour is continuing to be provide more and more social services in the years to come. The relationship we maintain is beyond banking

    For More Details :

    1) Address by CMD
    2) Inaugural Ceremony Photographs
    3) Details about the Credit Counselling Service
    4) Address & Contact Details of ABHAY Centers
    5) FAQ

    Announcement
    RECRUITMENT OF CLERKS
    PROJECT – 2009 Written Test held on 06.09.2009 – Result (Interviews will be held tentatively from 21.12.2009.)
     
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    Press Release
    The Quarter Ended 30th September 2009
     
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    Presentation
    Financial Results for Quarter Ended 30th September 2009
     
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    Financial Result
    for the Half Year ended 30th September 2009
     
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    In view of the instructions from Reserve Bank of India
    changes are made for cash withdrawals through ATMs
     
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    Star Home Loan Scheme – Special Package
     
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    Star Home Loan – Festival Offer
     
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    Star AutoFin Scheme –Festival Offer
     
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    REVISION IN INTEREST RATES ON DOMESTIC RUPEE TERM DEPOSITS w.e.f. 03.08.2009
     
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    Information on parameters of recommendations of Sachar Committee for the quarter ended Sep 09
     
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    Bank of India has been ranked
    1.Under Banking Category PSU Banks–2nd Next TO SBI 2.Under Top service Brands–8th 3.Under Most trusted Brand-THE debutant in the top 100.Under Brand Equity–Most Trusted Brands(MTB)Survey BY E.T./The Nielsen company(Details in E.T.Dated 17.06.2009)
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    BANK OF INDIA RECORDS OUTSTANDING PERFORMANCE UNDER COLLATERAL FREE LENDING WITH CGTMSE GUARANTEE SCHEME OF SIDBI FOR THE YEAR 2008-2009. RANKED FIRST AMONGST ALL PUBLIC SECTOR BANKS.
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    STAR POWER SALARY ACCOUNT
     
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    We have already a system to alert the cardholders with respect to their transactions at a merchant location or at ATM. Please avail the facility by providing your mobile phone numbers in the following format. Kindly also provide your e-mail IDs for receiving your monthly card statements by e-mail.
     
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    Bank has won the TOP PUBLIC SECTOR BANK under BEST BANK category and OVERALL BEST BANK in the DUN and BRADSTREET BANKING AWARDS 2009
     
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    Helpdesk/MSME Care Centre has been set up at all the 48 Zonal Offices for extending all possible assistances to MSME borrowers
     
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