Public-sector bank, Central Bank of India has inaugurated its first Women’s Branch in the State of Madhya Pradesh, situated at Arera Colony, Bhopal. The bank has also launched a new scheme named ‘Cent Kalyani’ for women entrepreneurs under this scheme, finance is made available to units owned and controlled by women entrepreneurs having financial interest of 51% of the capital, and giving at least 51% of employment generated in the enterprise to women.
The Bank has also set up a ‘Women Entrepreneur Cell’ on the occasion of International Women’s Day on March 08, 2013 with the objective of providing special facilities to women.
Central Bank of India has 4,300 branches and 2,500 ATMs with a Pan India presence of all the branches connected under the CBS platform. The bank has a business turnover exceeding Rs 4 lakh crore.