India may not presently be high on your agenda. Nevertheless, it is time to sit up and reconsider your options because India is a nation on the move. Increasing external debt, balance of payments problems, insufficient value-added exports, etc., are hurdles of the past that India has already distanced itself from. Today India's foreign exchange reserves have crossed 18 billion dollars and its country-rating has been upgraded to "Baa3" by Moodys which translates to investment grade.
All this has been possible because India has systematically set about achieving its goals. India has deregulated and delicensed many sectors of the economy. Foreign exchange regulations have been liberalized and the value of the Indian currency vis-a-vis the dollar has now been left to the dynamics of market forces. Exporters have been encouraged by incentives while foreign investors/industrialists have been wooed by giving priority allotment of land/sites in export processing zones, reduced tariffs on import of equipment, removal of duties on import of technology, etc. In fact, the sectors of power and energy, infrastructure development, and telecommunications have been opened to the world at large. As such, it should be clear by now to all that "India, really means business".
This is the perfect time to branch into India-related trade, if not directly, atleast indirectly. Even though this trade may be complex to immediately comprehend, this should not deter you. After all if it is India-related trade that we are talking about, then you have an excellent partner in BANK OF INDIA.
Bank of India, New York branch and San Francisco Agency have been operating in the USA since December 1978 and December 1977 respectively. Bank of India has been established in 1906 and is headquartered in Mumbai (Bombay), India with global assets of about USD 10 Bn. Bank of India has a network of 2400 branches spread over the length and breadth of India . Besides this, Bank of India has branches in international commercial centers like London, Tokyo, Singapore, Hong Kong, Paris, etc. and is well-versed in international trade.
You should also know that Bank of India, New York and San Francisco have a team of banking professionals who come from different parts of India. These officers are very well-versed with the intricacies of India-related trade and having had adequate exposure in US, are familiar, confident, and comfortable, doing business the American way. Since they have good rapport with key personnel in the banking sector in India, Bank of India is in a position, unlike any other international bank here, to move things in India, should there be snags for any reason.
Our services are prompt and efficient. We can ensure quick reimbursements. A look at our charges, would convince you that we are extremely competitive.