Central Bank Of India

BSE: 532885 | NSE: CENTRALBK
Small Cap | Bank - Public
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Govt to invest Rs 1,678 crore in Central Bank of India

Date: 01-01-2019

Government of India has conveyed sanction of President of India to invest Rs 1,678 crore in Central Bank of India in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2018-19, under Plan as Government's Investment.

Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.