Central Bank of India to shut 600 branches

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Deal Major
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Central Bank of India to shut 600 branches


The Central Bank of India — a state-owned commercial bank — plans to shut 13% of its branches to improve its financial health, which has been under pressure for several years, according to sources.


https://www.tribuneindia.com/news/business/cent...

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Community Angel Community Angel
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Ye to jhoot bolne ka ek tarika hai, branches will be closed no matter what intentional confusing statements say

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Community Angel Community Angel
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Another masterstroke they should close all remaining branches in phased manner, ek jhatke mein branch rent, employees and other expenses se chhutkaaraa

Deal Major Deal Major
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Central Bank Of India is under consideration for privatisation

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Deal Major Deal Major
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Is there any condition in any PSU OR PVT bank that new account will be opened only if one is filing annual IT returns

Finance Mentor Finance Mentor
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no.there is no need. 

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