Central Bank of India — Important, 12-08-2025: General Updates

Central Bank of India has received approval to establish an IFSC Banking Unit (IBU) at GIFT City, Gandhinagar. This marks a significant growth step, expanding its international banking reach and specialized offerings. The IBU will access global financial markets, providing foreign currency loans, trade finance, treasury, and risk management solutions to corporate clients with foreign currency funding requirements. This development strengthens the bank's international business capabilities.