Central Bank of India has entered into a strategic Co-lending partnership with Ugro Capital, to offer loans to MSME borrowers under priority sector, subject to the compliance with the applicable law(s) including the applicable guidelines issued by Reserve Bank of India (RBI). The participation by both the entities in this co-lending arrangement will result in greater expansion of portfolio by Central Bank of India and Ugro Capital.
Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.