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Central Bank of India gets nod to raise Rs 1,000 crore via bonds

23 Sep 2019 Evaluate

Central Bank of India has received an approval to raise up to Rs 1,000 crore through bonds. The Capital Raising Committee of the Bank at their meeting held on September 21, 2019 has approved the proposal to raise Basel III tier bonds with call option for an amount up to Rs 500 and Basel III tier bonds without call option for an amount up to Rs 500 crore.

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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