Central Bank of India is currently trading at Rs. 21.90, up by 0.10 points or 0.46% from its previous closing of Rs. 21.80 on the BSE.
The scrip opened at Rs. 22.00 and has touched a high and low of Rs. 22.05 and Rs. 21.80 respectively. So far 93053 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.65 on 30-Jun-2021 and a 52 week low of Rs. 10.87 on 02-Nov-2020.
Last one week high and low of the scrip stood at Rs. 23.95 and Rs. 21.30 respectively. The current market cap of the company is Rs. 19011.26 crore.
The promoters holding in the company stood at 93.08%, while Institutions and Non-Institutions held 2.85% and 4.07% respectively.
Central Bank of India has entered into the Memorandum of Understanding (MOU) with National Small Industries Corporation (NSIC), a Government of India enterprise, on November 01, 2021 for extending loans to MSME sector. This MOU will facilitate MSMEs in accessing credit support from Banks.
The MOU will bring combined synergies of NSIC and Central Bank of India through the multi-dimensional services provided by NSIC apart from Credit facilitation, like raw material assistance, intermediary services, Procurement Marketing Support, Skill development and services and the MSME friendly loan products of the Bank for all working capital limits, term loans, non-fund based limits, packing credit and bills discounting to assist MSMEs through their entire life cycle.
Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.
