RBI imposes penalty worth ₹1.45 cr on Central Bank of India
The RBI also imposed a monetary penalty worth ₹96.40 lakh on Sonali Bank PLC for violation of certain rules
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June 2024
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PSU bank shares end in red; IOB, UCO Bank, Central Bank fall up to 5%
The weakness in PSU banks was in sync with the broader market as investors booked some profit ahead of the general election results due on June 4.
Centre refills 4 PSB board seats with women directors
Men directors have been replaced with women directors on boards of 4 out of 7 public sector banks.
Central Bank of India shares hit 5% upper circuit on fundraising plan
The PSU bank to raise up to ₹1,500 crore this fiscal, with a base issue size of ₹500 crore and a green shoe option of up to ₹1,000 crore.
Central Bank of India comes out of RBI's PCA framework
The bank has provided a written commitment that it would comply with the norms of minimum regulatory capital, net NPA and leverage ratio on an ongoing basis.
