Central Bank of India Signs MoU with Godrej & Boyce for Dealer Financing
Mumbai, March 10, 2026: Central Bank of India has entered into a strategic partnership with Godrej & Boyce Manufacturing Co. Ltd. to provide Supply Chain Finance (Dealer Financing), aimed at enhancing access to organized financing for Godrej’s dealer network across India.
The Memorandum of Understanding (MoU) was executed on March 10, 2026 by Shri S. S. Murty, GM – MSME, Central Bank of India and Shri Maneesh Shrivastava, National Sales Head, Godrej & Boyce, in the presence of Dr. Himanshu Gupta, DGM – MSME, Central Bank of India and Shri Alok Kulshreshtha, DGM Sales, Godrej & Boyce.
Objective of the Partnership
The collaboration seeks to:
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Improve credit access for dealers.
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Enhance liquidity across the supply chain ecosystem.
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Support business expansion for dealers while strengthening MSME financing.
This strategic initiative reinforces Central Bank of India’s commitment to boosting supply chain financing and supporting the growth of MSMEs, a key driver of India’s economic development.