Bank of India has come along with Instant Money Transfer facility wherein any individual without having bank account or debit card can use their ATM’s to withdraw cash. This is for the first time in India, that any bank has come up with such a facility to withdraw cash without any bank account.
An interesting pattern has developed in Bank Of India daily chart. This is one of my most dependable pattern. As we can see the pole from 172 to 241 which approx 70 points. Breakout has already occurred at 226 on 26th Dec.