India, June 1 -- Central Bank of India plans to roll out wealth management and credit card business in the second half of the current fiscal to ramp up its fee income, MD and CEO Kalyan Kumar has said.

The bank has obtained board approval for the same.

"Now, we are in the process of issuing RFP (Request for Proposal) for onboarding those who are having expertise so that...we can start this business. In this year, I understand by middle of the year we should be in a position to launch this business," he told PTI in an interview. Besides, he said, the bank is planning to launch products that can improve the non-interest income. For corporate customers, he said, "cash management services play a very important role. That product is under de...