New Delhi: Central Bank of India has signed and exchanged a Memorandum of Understanding (MoU) with South Western Railway (SWR) for Cent Prestige Salary Accounts, marking an important milestone for the bank’s Hubli region.
The partnership is aimed at strengthening the relationship between the bank and South Western Railway while providing salary account-related banking services through the Cent Prestige Salary Account offering.
Central Bank and South Western Railway Exchange MoU
The MoU was exchanged in the presence of senior officials from both Central Bank of India and South Western Railway.
From Central Bank of India, the occasion was attended by:
- Mr. M. Pichayya, General Manager & Zonal Head, Hyderabad
- Mr. Dodda Rangappa, Deputy General Manager & Regional Head, Hubli
- Mr. Manjunath Naik, Chief Manager & Branch Head, Hubli
Senior South Western Railway officials present at the occasion included:
- Mr. A. G. Srinivas, Additional General Manager, SWR
- Mr. Surya Prakash, Principal Chief Personnel Officer, SWR
- Mr. Sunil G., Secretary to General Manager, SWR
MoU Strengthens Banking Partnership in Hubli Region
The signing of the MoU marks a significant development for Central Bank of India’s presence in the Hubli region.
Through the partnership, the bank will provide the Cent Prestige Salary Account offering to eligible employees associated with South Western Railway.
The collaboration reflects the bank’s focus on building institutional relationships and expanding its salary banking services for employees of major organisations.
Central Bank Focuses on Salary Banking Services
The Cent Prestige Salary Account is part of Central Bank of India’s banking offerings designed to cater to the requirements of salaried customers.
The MoU with South Western Railway further strengthens the bank’s engagement with a major public sector organisation and supports its efforts to expand customer-focused banking services.
About Central Bank of India
Central Bank of India is one of India’s oldest and largest public sector banks, established in 1911. The bank provides a wide range of banking services including retail banking, corporate banking, loans, deposits and digital banking solutions through its extensive network across India. Central Bank of India focuses on financial inclusion, technology adoption and supporting economic growth.
