Corporate News     30-Aug-22
Central Bank of India enters into co-lending partnership with Shapoorji Pallonji Finance
To offer loans to MSMEs
Central Bank of India has entered into a strategic co-lending partnership with Shapoorji Pallonji Finance to offer loans to MSME borrowers at competitive rates, subject to compliance with the applicable law(s) including guidelines issued by Reserve Bank of India.

Under the arrangement, Shapoorji Pallonji Finance will originate and process MSME proposals under priority sector as per jointly formulated credit parameters and eligibility criteria and Central Bank of India will take into its books 80% of the MSME priority sector loans under mutually agreed terms. Shapoorji Pallonji will service the loan account throughout the life cycle of the loan.

Previous News
  ICRA upgrades ratings of Central Bank of India to 'AA-' with 'stable' outlook
 ( Hot Pursuit - 10-Jun-25   13:31 )
  Central Bank of India acquires 25.18% stake in Future Generali India Life Insurance Company
 ( Corporate News - 05-Jun-25   12:32 )
  Centrak Bank of India rises after Q4 PAT climbs 28% YoY to Rs 1,034 cr
 ( Hot Pursuit - 29-Apr-25   11:16 )
  Central Bank of India consolidated net profit rises 35.32% in the March 2025 quarter
 ( Results - Announcements 28-Apr-25   21:45 )
  Board of Central Bank of India recommends Final Dividend
 ( Corporate News - 28-Apr-25   15:44 )
  Central Bank of India to announce Quarterly Result
 ( Corporate News - 24-Apr-25   11:50 )
  Board of Central Bank of India to consider capital raising plan
 ( Corporate News - 23-Apr-25   20:23 )
  Central Bank of India Q4 gross advances grow 16% YoY
 ( Hot Pursuit - 03-Apr-25   11:33 )
  Central Bank of India leads losers in 'A' group
 ( Hot Pursuit - 02-Apr-25   15:00 )
  Central Bank of India Slides 10.75%
 ( Hot Pursuit - 02-Apr-25   09:30 )
  Central Bank of India launches QIP issue
 ( Hot Pursuit - 25-Mar-25   10:35 )
Other Stories
  Board of Piccadily Agro Industries allots 6.72 lakh equity shares on conversion of warrants
  12-Jun-25   18:12
  Board of Canara Bank approves capital raising plan for FY 2026
  12-Jun-25   18:09
  SG Mart secures orders worth Rs 266 cr
  12-Jun-25   18:02
  Happiest Minds Technologies appoints Anand Balakrishnan as CFO
  12-Jun-25   18:01
  SEPC bags solar power project of Rs 650 cr
  12-Jun-25   17:57
  Galada Finance AGM scheduled
  12-Jun-25   17:51
  Hindustan Unilever to conduct EGM
  12-Jun-25   17:51
  Cyient DLM to hold AGM
  12-Jun-25   17:51
  Safa Systems & Techs. to conduct AGM
  12-Jun-25   17:51
  Atal Realtech to conduct EGM
  12-Jun-25   17:50
Back Top