Bank of India targets Rwanda

The Government-owned Bank of India (BoI), which has four branches in Kenya, is eying the Rwanda market, the bank’s Executive Director BA Prabhakar announced Friday.Prabhakar said that BI wants to increase its presence in Africa by opening branches in Uganda and Botswana.BI whose headquarters are in Mumbai, India, is noted among India’s leading banks, with over 3,090 branches including 27 branches outside India.