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

01 Jan 2019

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.

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