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Central Bank of India allots Bonds worth Rs 500 crore

Central Bank of India has allotted 500 numbers of Non-Convertible, Taxable, Redeemable Unsecured Basel III compliant Tier II Bonds (Series IV) aggregating to Rs 500 crore. The Capital Raising Committee of the bank at its meeting held on September 30, 2019 has 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.

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