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Economy News

The Economic Times

Economy / The Economic Times

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Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27

Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth management and credit card services in the latter half of the current fiscal year. Development of cash management services for corporate clients is also underway. These initiatives aim to boost the bank's financial performance and non-interest income.

4 Jun 2026 3:53 pm