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Central Bank of India inaugurates IFSC Banking Unit at GIFT City

29 Jun 2026 Evaluate

Central Bank of India has inaugurated its International Financial Services Centre (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City), Gujarat, India, on June 29, 2026. 

The IFSC Banking Unit will enable the Bank to cater to the foreign currency funding requirements of its corporate clients by offering a comprehensive range of financial products and services. These include foreign currency loans, trade finance solutions, treasury and risk management products, and other enhanced banking solutions designed to meet the evolving needs of customers. 

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 963.30
PNB 122.40
Bank Of Baroda 235.30
Canara Bank 118.95
Union Bank Of India 184.60
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