Central Bank of India has raised Rs 500 crore and allotted Non Convertible Redeemable Unsecured Basel III compliant Tier 2 Bonds (Series-V) in the nature of promissory notes. The Capital Raising Committee of the bank has allotted 5000 bonds of Rs 10 lakh each.
Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.