Central Bank of India signs MoU with PSB Alliance
With this collaboration, the public sector bank will provide the digital platform offered by PSB Alliance for end-to-end, paperless financing for supply chain participants, as per the bank statement.
Public Sector lender, Central Bank of India has entered into a memorandum of understanding with PSB Alliance Pvt Ltd for the Supply of Digital Chain Finance.
With this collaboration, the public sector bank will provide the digital platform offered by PSB Alliance for end-to-end, paperless financing for supply chain participants, as per the bank statement.
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The MoU was signed by S.S. Murthy, General Manager-MSME, Central Bank of India and Mrs. Anjali Mohanty, MD and CEO of PSB Alliance Pvt. Ltd in the esteemed presence of Executive Directors Mr. M.V. Muralikrishna and Mr. Mahendra Dohare.
Share Price of Central Bank of India: The stock has witnessed a sharp decline of 3.04% on March 28, 2025, in the intraday for the session. The stock has underperformed its sector by 2.22% and has fallen over 27% in past six months.
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