Mumbai: Central Bank of India has entered into a strategic partnership with Godrej & Boyce Manufacturing Co. Ltd. to provide Supply Chain Finance (Dealer Financing), aiming to enhance credit access and liquidity for Godrej’s dealer network across India.
The MoU was executed on March 10, 2026 by Mr. S. S. Murty, GM – MSME, Central Bank of India, and Mr. Maneesh Mr.vastava, National Sales Head, Godrej & Boyce, in the presence of Dr. Himanshu Gupta, DGM – MSME, Central Bank of India, and Mr. Alok Kulshreshtha, DGM Sales, Godrej & Boyce.
Enhancing Credit Access for Dealer Networks
The partnership focuses on providing organized financing solutions for Godrej dealers, enabling them to access timely credit to manage operations, inventory, and growth opportunities more efficiently. By leveraging supply chain finance, dealers will benefit from improved liquidity and reduced financial constraints, supporting business expansion across the country.
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Strengthening MSME Financing and Supply Chains
The MoU aligns with Central Bank of India’s broader goal of supporting Micro, Small, and Medium Enterprises (MSMEs), which are pivotal to India’s economic growth. By improving financial access within the supply chain, the initiative helps streamline operations, enhance working capital, and encourage business growth among dealers and MSMEs.
This initiative is expected to strengthen the overall supply chain ecosystem, making financing smoother and more accessible for partners, while fostering sustainable economic development.
About Central Bank of India
Central Bank of India is one of India’s premier public sector banks, offering a wide range of banking and financial services including retail banking, corporate finance, and MSME lending. The bank actively participates in strategic partnerships and initiatives to support economic development, promote financial inclusion, and empower businesses across India.
