Credit rating agency, CARE has reaffirmed AA rating to Central Bank of India’s Lower Tier II Bonds worth Rs 1,437.30 crore and AA- rating to Lower Tier II Bonds worth Rs 2,285.00 crore
The ratings factor in the majority ownership and capital support by the Government of India (GoI), extensive branch network, and comfortable CASA base.
Central Bank of India has been serving more than 3,50,00,000 account holders through its 4,118 branches, 6 extension counters, 29 Satellite offices, 1,970 ATMs and 2,413 ultra small branches (USBs).
The ratings factor in the majority ownership and capital support by the Government of India (GoI), extensive branch network, and comfortable CASA base.
Central Bank of India has been serving more than 3,50,00,000 account holders through its 4,118 branches, 6 extension counters, 29 Satellite offices, 1,970 ATMs and 2,413 ultra small branches (USBs).
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