Central Bank of India

Central Bank Of India Will Shut Down 600 Branches Across India To Save Money: 13% Branches Will Cease To Exist! Central Bank of India, a state-owned commercial bank, is planning to close 13% of its branches with the aim of improving its…

Indian Overseas Bank, Central Bank of India Can Be Privatised Soon? This Is What We Know So Far.. As per some latest reports, the government of India has now started inviting bids from many companies for their privatization. …

The government may also give up its entire stake in select banks to garner investors’ interests. The government is unlikely to introduce a Bill in the ongoing Budget session to facilitate the privatisation of two public-sector banks…

The infused capital in such public banks will help them meet regulatory requirements. The Govt of India has set aside a total of Rs 15,000 crore for weak public sector lenders like Central Bank of India and Punjab & Sind Bank, for…

The bill would pave the way for two public sector banks to be privatised. Indian Overseas Bank (IOB) and Central Bank of India (CBoI) have said that there is no information regarding the reported privatisation of both. Why The…

Both the banks could see the sale of 51% stake in the first phase of disinvestment. Share prices of Central Bank of India and Indian Overseas Bank increased ahead of privatisation talks. Rise In Share Prices Central Bank of…

She explained that the move to privatise these banks is so that they could become bigger, citing SBI as an example.  The govt will bring in amendments to the Banking Regulations Act and Banking Law Act to move ahead with the…

The offers include a marginally higher interest rate on fixed deposits for a brief period of time. State-owned banks have started offering financial incentives in order to encourage vaccination. The offers include a…

Govt hopes to raise around Rs 1.75 lakh crore from the privatisation program and LIC’s public listing. Central Bank of India and Indian Overseas Bank (IOB) will be the next in the Union Budget’s privatisation drive to be sold off to…

Home Delivery Of Cash For SBI, PNB, BoB Customers A positive new development has been introduced by SBI, PNB, BoB, and a big group of other banks for its customers, especially in the light of the COVID-19 pandemic that is rampant in the…