Bank of America (BofA) has acquired 1.1 million square feet of Chennai office space in a major move. This sale is BofA's biggest office space transaction of 2023 and one of its largest captive centres outside the US. The DLF Downtown, Taramani site is for the bank's Indian back office.

Bank of New York Mellon Corporation (BNY Mellon), an American investment banking services holding company headquartered in New York City and a Fortune 500 corporation, has signed one of the most significant agreements of 2023 with 315Work Avenue.