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Central Bank of India planning to raise funds up to Rs 8000 crore during FY19

14 May 2018 Evaluate

Central Bank of India is planning to raise the equity capital up to Rs 8000 crore during financial year 2018-19 through various modes such as- Preferential Issue, QIP, Rights Issue, FPO, etc. The meeting of the Board of Directors of the Bank is scheduled to be held on May 17, 2018, to consider the same.

Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.

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