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Govt to invest Rs 1,678 crore in Central Bank of India

01 Jan 2019 Evaluate

Government of India has conveyed sanction of President of India to invest Rs 1,678 crore in Central Bank of India in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2018-19, under Plan as Government's Investment.

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

Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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