Public-sector bank, Central Bank of India has inaugurated its Sinhgad Technical Educational Institute (STEI), Pune branch to a new premise on June 02, 2013. The bank is having good business relationship with the institute.
The bank has executed a memorandum of understanding (MoU) with Central Warehousing Corporation (CWC) on May 30, 2013 at the corporate office of the bank in Mumbai. As per the terms of MoU, CWC will act as a collateral manager and the bank will finance the CWC customers against warehouse receipts.
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.
