Central Bank of India has informed the stock exchanges of a change in its management, disclosing that Shri Priavrat Sharma has ceased to be a Director of the Bank with effect from the close of business hours on 07th May, 2026. The cessation follows the completion of his tenure as Director.

Regulatory Disclosure

The intimation was made pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed entities to disclose changes in key management personnel to the stock exchanges in a timely manner. The communication, bearing reference number CO:IRD:2026:27:40, was addressed to both the National Stock Exchange of India Limited and BSE Limited.

The key details of the change in management are summarised below:

Compliance and Disclosure

The disclosure was signed by Chandrakant Bhagwat, Company Secretary and Compliance Officer of Central Bank of India, on 07th May, 2026. The Bank has also stated that the above information will be made available on its website at https://centralbank.bank.in/en/investor-relations for public access.

Central Bank of India submitted its corporate presentation to exchanges on 7th May 2026, providing a comprehensive overview of its financial performance, business operations, asset quality, capital position, and digital banking initiatives for the financial year ended 31st March 2026. Founded in 1911 as the first Swadeshi Bank by Sir Sorabji Pochkhanawala, the bank carries a legacy of more than 114 years and serves an active customer base of 8.26 Crore as of 31st March 2026. The bank operates a PAN India distribution network comprising 4585 full-service domestic outlets, 3819 ATMs, 13685 Business Correspondents, and 40 BC Maxx Centres.

Key Financial Highlights for FY'26

The bank delivered a net profit of ₹4,369 Crore for the financial year ended 31st March 2026, a year-on-year growth of 15.43%. Net Interest Income (NII) stood at ₹14,171 Crore, up 1.97% YoY, while operating profit reached ₹8,479 Crore, growing 4.37% YoY. Return on Assets (ROA) improved to 0.89% and Return on Equity (ROE) stood at 13.00%, up 52 basis points YoY. Earnings Per Share (EPS) for the full year was ₹4.83, reflecting a YoY growth of 10.78%, and Book Value per share stood at ₹38.23, up 6.22% YoY. Net Interest Margin (NIM) for the full year was 3.07%.

Note: Net profit, ROA, ROE, and EPS figures are after taking a one-time impact of recognition of Deferred Tax Asset at 25.168% as against 34.944% amounting to ₹632 Crore.

The following table summarises the bank's income and expenditure statement on a standalone basis (₹ in Cr):

*After taking one-time impact of recognition of Deferred Tax Asset at 25.168% as against 34.944% amounting to ₹632 Crore.

Balance Sheet and Business Performance

The bank's total balance sheet size grew to ₹5,49,480 Crore as on 31st March 2026, from ₹4,79,128 Crore as on 31st March 2025. Total deposits rose to ₹4,67,923 Crore, while Loans & Advances expanded to ₹3,36,997 Crore. The CASA ratio stood at 47.30% with total CASA deposits of ₹2,20,781 Crore. The bank's total business was reported at ₹8.12 Lakhs Crore as of the quarter ended 31st March 2026.

The following table presents the balance sheet summary (₹ in Cr):

Improving Asset Quality

The bank demonstrated a consistent improvement in asset quality over the five-year period. Gross NPA declined to 2.67% as of March 2026 from 14.84% in March 2022, while Net NPA fell to 0.49% from 3.97% over the same period. Provision Coverage Ratio (PCR) stood at 95.97% as of FY'26. The slippage ratio improved to 1.16% in FY'26 from 3.20% in FY'22, and credit cost declined to 0.52% in FY'26 from 1.40% in FY'22.

Capital Adequacy and Credit Ratings

The bank maintained a strong capital base with CET1 at 15.61% and CRAR (Basel III) at 17.91% as of the quarter ended 31st March 2026. The bank holds investment-grade ratings across multiple agencies, as detailed below:

Key Sustained Headline Numbers

The following table presents the bank's key performance ratios on a standalone basis over five financial years:

*After taking one-time impact of recognition of Deferred Tax Asset at 25.168% as against 34.944% amounting to ₹632 Crore.

Digital Banking and Technology Initiatives

The bank's Digital Lending Platform (DLP) reported total outstanding of ₹6,679.91 Crores. The platform currently has 37 journeys live in the production environment, covering Retail, MSME, Agri & Social, and Liabilities segments. Key digital metrics for FY'26 include:

• Internet Banking Users: 117.62 Lacs
• Cent Mobile Users: 93.36 Lacs
• UPI Transactions: 520.69 crore
• IMPS, NEFT & RTGS: 38.85 Crore
• Share of Digital Transactions: 90.54%
• Total Digital Transactions: 1,584.34 Crore

The bank also launched several customer-centric innovations including a Digital Account Opening Platform (DKYC Tab-based, live since May 2025; VKYC/VCIP-based, revamped journey live since July 2025), Virtual Debit Card issuance via the Cent eeZ Banking Application, and an ATM Currency Denomination Availability feature. The bank also completed domain migration to "bank.in" to enhance cybersecurity posture and ensure compliance readiness.

Awards and Recognition

During FY'25-26, Central Bank of India received several recognitions, including:

• First Prize for Regional Official Language 2024-25 of North Eastern Region, awarded by the Government of India
• "Best Organisation for Women" at the ET Edge award ceremony 2026
• Customer Experience Transformer at Data Innovation Awards 2026, hosted by Hitachi Vantara/Dataquest