Central Bank of India CFO and GM retire on superannuation

0 min read Updated on 01 Jun 2026, 05:13 PM

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Riya DScanX News Team

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Central Bank of India announced the retirement of Chief General Manager & CFO Shri Mukul N. Dandige and General Manager – MSME Department Shri Suryanarayana Murty Saladi on May 31, 2026, due to superannuation. The disclosure was filed with NSE and BSE under Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015.

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Central Bank of India has announced the retirement of two key management personnel effective May 31, 2026, due to superannuation. Shri Mukul N. Dandige, who served as the Chief General Manager & Chief Financial Officer, retired from his position. Additionally, Shri Suryanarayana Murty Saladi, the General Manager of the MSME Department, also retired on the same date.

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015. The bank confirmed that the retirements were on account of the executives reaching superannuation age.

The following table summarizes the management changes:

Name	Position	Date of Retirement
Shri Mukul N. Dandige	Chief General Manager & Chief Financial Officer	May 31, 2026
Shri Suryanarayana Murty Saladi	General Manager – MSME Department	May 31, 2026

Chandrakant C Bhagwat, the Company Secretary & Compliance Officer, signed the filing on behalf of the bank. The exchanges have been requested to take the information on record.

Historical Stock Returns for Central Bank of India

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.28%	-5.28%	-18.67%	-22.94%	-26.81%	+59.68%

Who will be appointed as the new Chief Financial Officer to replace Shri Mukul N. Dandige?

How will the retirement of the MSME Department General Manager impact the bank's MSME lending strategy?

What is the timeline for announcing the successors for these key management positions?

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Central Bank of India pays ₹484.82 crore 4th interim dividend for FY26

1 min read Updated on 30 May 2026, 08:11 AM

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Naman SScanX News Team

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Central Bank of India has paid its 4th interim dividend of ₹484.82 crore to the Government of India for FY26, bringing the total dividend payout for the financial year to ₹969.64 crore. The cheque was presented to Union Finance Minister Smt. Nirmala Sitharaman by the bank's MD & CEO Shri Kalyan Kumar and other executives. The bank reported a total business volume exceeding ₹8.12 lakh crore as of 31 March 2026.

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central bank of india has declared and paid its 4th interim dividend at a rate of 6% for the Financial Year 2025-26, amounting to ₹484.82 crore to the Government of India. This payment increases the Bank's cumulative interim dividend for FY26 to 12%, including the 6% declared during the first three quarters. The total dividend payout to the Government of India for FY26 now stands at ₹969.64 crore, reflecting the bank's strong financial performance and improved profitability.

Managing Director & CEO Shri Kalyan Kumar, along with Executive Directors Shri M V Murali Krishna, Shri Mahendra Dohare, and Shri E. Ratan Kumar, presented the dividend cheque to Union Finance Minister Smt. Nirmala Sitharaman at the Ministry of Finance in New Delhi. The ceremony was also attended by Smt. Shalini Pandit, Joint Secretary, Department of Financial Services, and Shri Shishram Tundwal, General Manager of the bank.

Dividend Payout Details

The dividend distribution for the financial year is summarized below:

Dividend Type	Rate	Amount (₹ crore)
4th Interim Dividend	6%	484.82
First Three Quarters Interim Dividend	6%	484.82
Total Payout for FY26	12%	969.64

Operational Overview

Established in 1911, Central Bank of India operates a network of around 22,129 branches, ATMs, and BC touch points across the country. As of 31 March 2026, the bank reported a total business volume exceeding ₹8.12 lakh crore, supported by a CASA deposit ratio of 47.30%. The institution serves an active customer base of approximately 8.26 crore customers nationwide.

Historical Stock Returns for Central Bank of India