The Chairman and CEO, Bank of America, Mr. Brian Moynihan, called on Prime Minister, Shri Narendra Modi today. The bank has completed 50 years of service in India.
In course of the interaction, Mr. Moynihan said that he expected the Indian economy to grow at a fast pace, and that the world had changed its perception about India.
Mr. Moynihan said the Bank of America will expand its banking activities in India, and would expand its presence in capital markets, particularly in infrastructure and energy sector investment.