Mumbai: The Central Bank of India, a major public sector bank, signed a Memorandum of Understanding (MoU) with PSB Alliance Private Limited on March 27, 2025, to enhance Digital Supply Chain Finance. The agreement was signed by S.S. Murty, General Manager of MSME, and Anjali Mohanty, MD & CEO of PSB Alliance Private Ltd, in the presence of Central Bank of India’s Executive Directors, M.V. Muralikrishna and Mahendra Dohare.
Left to Right: Anjali Mohanty, MD & CEO, PSB Alliance, S.S. Murty, GM-MSME, Central Bank of India, M.V Murali Krishna, Executive Director, Central Bank of India, and Mahendra Dohare, Executive Director, Central Bank of India.
This partnership allows Central Bank of India to utilize the digital platform from PSB Alliance Private Limited for complete, paperless financing for supply chain participants. This initiative supports the bank’s goals of digital transformation, improving financial access, and optimizing lending risks for businesses of all sizes.
