Central Bank of India trades higher on the bourses

Central Bank Of India | Bank - Public | BFSI | BSE: 532885 | NSE: CENTRALBK

20 Jul 2015 Evaluate

Central Bank of India is currently trading at Rs. 107.50, up by 0.55 points or 0.51% from its previous closing of Rs. 106.95 on the BSE.

The scrip opened at Rs. 107.00 and has touched a high and low of Rs. 107.90 and Rs. 107.00 respectively. So far 4430 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 121.00 on 24-Feb-2015 and a 52 week low of Rs. 58.05 on 07-Oct-2014.

Last one week high and low of the scrip stood at Rs. 113.70 and Rs. 104.95 respectively. The current market cap of the company is Rs. 17826.44 crore.

The promoters holding in the company stood at 81.46% while Institutions and Non-Institutions held 13.77% and 4.77% respectively.

Central Bank of India has launched MUDRA Card to beneficiaries of eligible Small/Micro Units in a function held at Patna on July 16, 2015. The bank’s sponsored RRB, Uttar Bihar Grameen Bank (UBGB), largest RRB, also launched the MUDRA Card along with the Town Hall Camp for Social Security Schemes.

Central Bank of India introduced credit card in the country in the year 1980. In keeping up with the tradition of being the first, the bank has now launched live MUDRA Card.

Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 4336 Branches, Asset Recovery Branches (ARB) 9, Retail Asset Branches (RAB) 15 and 26 extension counters along with satellite branches at various centres throughout the length and breadth of the country.