Corporate News     21-Feb-23
Central Bank of India forms co-lending partnership with Moneywise Financial Services
For MSME loans
Central Bank of India has entered into a strategic Co-Lending Partnership with M/s. Moneywise Financial Services to offer MSME Loans at competitive rates, subject to compliance with the applicable law(s) including the applicable guidelines issued by Reserve Bank of India (RBI).

Under the arrangement, M/s. Moneywise Financial Services will originate and process MSME Loan proposals under MSME Sector as per jointly formulated credit parameters and eligibility criteria and Central Bank of India will take into its books 80% of the MSME Loans under mutually agreed terms. M/s. Moneywise Financial Services will service the loan account throughout the life cycle of the loan. The Co-Lending arrangement is expected to help both the entities to offer convenient experience and customer delight to their customers as well as help expand their reach across India.

Previous News
  Central Bank of India
 ( Analyst Meet / AGM - Conference Call 23-Oct-23   16:19 )
  Central Bank of India leads gainers in 'A' group
 ( Hot Pursuit - 07-Dec-22   12:00 )
  Central Bank of India gains for fifth session
 ( Hot Pursuit - 21-Oct-22   13:01 )
  Central Bank of India up for third straight session
 ( Hot Pursuit - 28-Sep-23   13:05 )
  Volumes jump at BLS International Services Ltd counter
 ( Hot Pursuit - 04-Dec-23   14:30 )
  Central Bank of India consolidated net profit rises 1.04% in the December 2020 quarter
 ( Results - Announcements 09-Feb-21   14:17 )
  Central Bank of India spurts 7.21%, up for fifth straight session
 ( Hot Pursuit - 07-Dec-22   13:00 )
  Central Bank of India rallies 9.43%
 ( Hot Pursuit - 30-Sep-21   13:05 )
  Central Bank of India announces cessation of MD and CEO
 ( Corporate News - 01-Mar-21   09:59 )
  Central Bank of India signs co-lending partnership with HFFC
 ( Hot Pursuit - 07-Sep-22   15:32 )
  Central Bank of India revises board meeting date
 ( Corporate News - 28-May-21   14:04 )
Other Stories
  Ircon International settles dispute with Hindustan Construction Company
  12-Jun-24   18:08
  Board of PNB Housing Finance to consider fund raising via NCDs
  12-Jun-24   18:07
  ICICI Lombard General Insurance Company allots 49,090 equity shares under ESOS
  12-Jun-24   18:05
  Redtape commences operations at its new warehouse in Howrah
  12-Jun-24   18:03
  Federal Bank allots 27.39 lakh equity shares under ESOS
  12-Jun-24   18:01
  Exide Industries invests further Rs 75 cr in Exide Energy Solutions
  12-Jun-24   17:59
  Abbott India appoints director
  12-Jun-24   17:57
  Firstsource Solutions announces resignation of senior management personnel
  12-Jun-24   17:56
  Brigade Group launches premium mixed-use development project 'Brigade Icon' in Chennai
  12-Jun-24   17:50
  Gujarat Fluorochemicals announces incorporation of step-down subsidiary in Oman
  12-Jun-24   17:46
Back Top