Central Bank of India received the Golden Peacock Award for innovative product/service for its retail product Cent Sahayog launched in October 2011.
Designed to strengthen the micro and small manufacturers and service providers (MSE) through a process of fast credit delivery, this product aims to bring this largely un-banked segment into banking fold. Instituted by the Institute of Directors (IOD), the Golden Peacock Awards are declared annually for excellence in the fields of quality, training and innovative product/service among Indian industries.
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