The Board of Directors of Central Bank of India has approved an investment of ₹100 Crore into its subsidiary, Cent Home Bank Finance Ltd. The investment will be made through an infusion of Equity Capital amounting to ₹64.40 Crore and a Right issue. The Board made the decision in a meeting held on September 17, 2025.
Investment in Cent Home Bank Finance Ltd.
Central Bank of India’s board has greenlit a significant investment in its subsidiary company, Cent Home Bank Finance Ltd.
Key Investment Details
The bank will infuse Equity Capital of ₹64.40 Crore (Rupees Sixty Four Crore Forty Lakhs Only). In addition, the board approved participation in the proposed Right issue amounting to ₹100.00 Crore (Rupee One Hundred Crore Only) of the subsidiary.
Meeting Conclusion
The Board Meeting, where this decision was made, commenced at 3:00 pm and concluded at 5:15 pm on September 17, 2025.
Source: BSE
