Central Bank of India is looking to set up branches in Hong Kong, the Middle East and Africa apart from London to get a toehold in overseas.
The bank has got the Board approval for overseas foray and is doing survey and has also initiated informal discussion.
The bank is also expecting to receive a capital of Rs.700.00 crore from Government by the end of this fiscal.
This has been disclosed by Sri S. Sridhar, Chairman and Managing Director of the Bank today in a press brief.
Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/-finance-/banking/Central-Bank-looks-overaseas-mulls-Hong-Kong-London-foray/articleshow/5127898.cms
CENTRAL BANK OF INDIA LOOKS OVERSEAS
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3 comments:
it is good to see that one of our units has started a blog site and we get to see informations about our bank and assoication.
my best wishes to the unit and the blog site
trrajendran,rs,cboa,coimbatore,tn
Thank you very much. Your appreciation will go a long way in maintaining the BLOG successfully. All we need is the encouragement as we have dedicated team members who will ensure that the name of CBOA, AP unit stands high in all aspects.
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