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Central Bank of India sanctions Rs 130 crore under priority sector schemes

16 Jun 2012 Evaluate

Central Bank of India (CBI) has sanctioned an amount of Rs 130 crore under various priority sector schemes. The amount was distributed at three mega credit camps conducted by the bank at Jabalpur, Sagar and Bhopal in Madhya Pradesh.

The bank has also inaugurated its 411th branch at Jaisinagar in Sagar district at Madhya Pradesh which is also the bank’s 4016th branch in the country. Besides this, 109 Ultra Small Branches (USBs) were established, 29 Farmers’ Clubs were formed and 150 Bank Mitras (Business Facilitators) were appointed on the occasions.

Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 3656 branches and 178 extension counters at various centers throughout the length and breadth of the country.

Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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