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Central Bank of India signs MoU with SIDBI

30 Dec 2020 Evaluate

Central Bank of India has signed a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) to facilitate MSME customers of the bank to use web based Asset Restructuring Module for MSMEs, a Do-It-Yourself tool. It will help MSME customers to submit Restructuring plan for their units online to Central Bank of India in a simple and easy manner. SIDBI in partnership with local MSME associations have placed credit counselors at different locations to provide hand holding support to MSME units seeking restructuring. All these services are available free of cost.

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 940.45
PNB 116.10
Bank Of Baroda 235.70
Canara Bank 118.15
Union Bank Of India 172.65
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