Central Bank of India gets nod to raise Rs 500 crore by issuing bonds

12 Dec 2020 Evaluate

Central Bank of India’s board has approved the proposal for raising of capital funds up to Rs 500 crore. The fund will be raised by issuing non-convertible redeemable unsecured Basel III compliant tier 2 bonds in the nature of promissory notes. The capital raising committee of the board of directors of the bank at its meeting held on December 11, 2020, considered and approved the same.

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

CentralBank of India Share Price

52.33 0.80 (1.55%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
SBI 816.05
Bank Of Baroda 236.10
Canara Bank 96.95
PNB 99.82
Union Bank Of India 114.95
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.