Central bank

Public sector lender Central Bank of India has shed around Rs 5,000 crore of high cost deposits in the first half of the current fiscal to protect its net interest

Asia-Pacific stocks rallied strongly Friday after the world's most powerful central banks offered dollar supplies to benefit lenders under pressure from the eurozone debt crisis.

The European Central Bank and

State-run lender Central Bank of India today launched a special scheme offering to double depositors' money in seven-and-a-half years.

The scheme christened 'Cent Double' will give an annualised

Eyeing fee income, Central Bank of India today entered into agreement to sell non-life insurer Cholamandalam MS General Insurance's products through its branches.
The general insurance products will be sold

In what was termed as a ‘truly national and sectoral bill’ by the Indian micro-finance industry, the Union ministry of finance has readied the Micro Finance Institutions (Development and Regulation)

State-owned Central Bank of India today said it is expecting a credit growth of 22. 5 per cent and net interest margin (NIM) of 3