BUSINESS

Bank Of India Launches Mobile-Omni Neo Bank App, To Offer Over 200 Services To Customers

New Delhi: Public sector bank Bank Of India has unveiled Universal App named “BOI Mobile-Omni Neo Bank” during celebration of its 118th Foundation day. 

BOI Mobile-Omni Neo Bank app will offers more than 200 services to customers said the bank.  

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“This application will make our customers to enjoy 360 degree banking facilities along with investments, payments/ remittances, shopping and managing all accounts seamlessly. The bank has implemented new-age adaptive authentication to enhance the security and authentication framework for customers,” BOI said in a statement.

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It added, “The BOI Mobile-Omni Neo Bank App represents a significant step forward in enhancing customer experience and convenience, reaffirming Bank’s commitment to deliver all banking facilities digitally.”

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State-owned BOI reported a nearly three-fold jump in net profit to Rs 1,551 crore in the June quarter due to a decline in bad loans. The Mumbai-based lender had posted a net profit of Rs 561 crore in the year-ago period. The total income in the first quarter of the current fiscal rose to Rs 15,821 crore as against Rs 11,124 crore in the same period a year ago, Bank of India said in a regulatory filing.

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