Central Bank of India inaugurates its IFSC Banking Unit at GIFT City

Central Bank of India has inaugurated its International Financial Services Centre (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City), Gujarat, India, on 29th June, 2026. The inauguration was held in the gracious presence of the Bank's Managing Director & Chief Executive Officer, Shri Kalyan Kumar, along with other senior executives of the Bank.

The IFSC Banking Unit will enable the Bank to cater to the foreign currency funding requirements of its corporate clients by offering a comprehensive range of financial products and services. These include foreign currency loans, trade finance solutions, treasury and risk management products, and other enhanced banking solutions designed to meet the evolving needs of customers.

Shares of Central Bank of India was last trading in BSE at Rs. 33.58 as compared to the previous close of Rs. 32.18. The total number of shares traded during the day was 1568430 in over 2404 trades.

The stock hit an intraday high of Rs. 34.16 and intraday low of 31.86. The net turnover during the day was Rs. 52036707.00.

Source : Equity Bulls

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CentralBankofIndia INE483A01010 Inauguration IFSCBankingUnit GIFTCity