Central Bank of India rises on partnering with NPCI to launch 'CBoI RuPay' business platinum debit card
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Central Bank of India is currently trading at Rs. 21.50, up by 0.05 points or 0.23% from its previous closing of Rs. 21.45 on the BSE.
The scrip opened at Rs. 21.45 and has touched a high and low of Rs. 21.55 and Rs. 21.30 respectively. So far 134698 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.65 on 30-Jun-2021 and a 52 week low of Rs. 12.48 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 23.25 and Rs. 20.75 respectively. The current market cap of the company is Rs. 18620.62 crore.
The promoters holding in the company stood at 93.08%, while Institutions and Non-Institutions held 2.85% and 4.07% respectively.
Central Bank of India has partnered with the National Payments Council of India (NPCI) to launch 'CBoI RuPay' business platinum debit card, a tailor-made offering for firms/corporates. The card will enable companies to support their businesses financially along with several benefits.
The benefits include ATM withdrawal limit of Rs 1 lakh with a purchase of up to Rs 3 lakh at point of sale (POS) or e-commerce portal, withdrawal of Rs 75,000 at ATMs abroad, global purchases of up to Rs 3 lakh at POS and international online merchants. Customers using the CBoI RuPay Business Platinum Debit Card will also get a purchase protection coverage of Rs 2 lakh and accidental death and air accident coverage worth Rs 10 lakh and Rs 20 lakh.
Users of the card will also get reward points on every purchase besides access to domestic and international airport lounges twice per quarter and two times a year, respectively.
Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.
