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Central Bank of India to expand agri-loan portfolio through aqua financing

13 Aug 2021 Evaluate

Central Bank of India is planning to expand its agri-loan portfolio through aqua financing and has identified around 350 branches in coastal areas to cater to such loans in the rural areas. The Bank is segregating how to diversify the Agri portfolio. The bank will use its own financing for this kind of diversification on the agri and agri processing industries, horticulture industries, and aqua-based industry.

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 941.85
PNB 116.40
Bank Of Baroda 236.30
Canara Bank 118.75
Union Bank Of India 172.60
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