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

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.23%	-9.10%	-15.74%	-20.55%	-17.57%	+59.43%

The President of India, acting through the Department of Financial Services, Ministry of Finance, has reduced its shareholding in Central Bank of India to 81.19% following the sale of 73,16,12,102 equity shares via an Offer for Sale (OFS). The transaction, executed on the NSE and BSE between May 22, 2026, and May 25, 2026, was conducted to achieve the minimum public shareholding norms prescribed by SEBI. The total value of the transaction, based on face value, was ₹731.61 crore.

Transaction Details

The OFS was executed in two phases. Non-retail investors participated on May 22, 2026 (T day), while retail investors, employees, and non-retail investors carrying forward un-allotted bids participated on May 25, 2026 (T+1 day). The government exercised the oversubscription option, increasing the total offer size to 8% of the paid-up equity share capital, compared to the base offer size of 4%. The floor price for the offer was set at ₹31 per equity share.

Change in Promoter Holding

The disclosure was made pursuant to Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Prior to the sale, the promoter held 808,03,91,687 equity shares, representing 89.27% of the paid-up capital. Following the disposal, the holding stands at 734,87,79,585 equity shares. The seller reserves the right to withdraw or cancel the offer if sufficient demand is not received, though the sale has now been concluded.

Parameter	Details
Seller	The President of India, acting through the Department of Financial Services, Ministry of Finance
Shares Sold	73,16,12,102 Equity Shares
Pre-sale Holding	808,03,91,687 Equity Shares (89.27%)
Post-sale Holding	734,87,79,585 Equity Shares (81.19%)
Transaction Value	₹731.61 crore (Face Value)
Sale Dates	May 22, 2026 to May 25, 2026
Exchange	NSE & BSE

Offer Structure

A minimum of 10% of the offer shares was reserved for retail investors, defined as those placing bids for a total value not exceeding ₹200,000. Additionally, a minimum of 25% was reserved for mutual funds and insurance companies. A separate employee reservation of 75,00,000 equity shares was available for eligible employees. Allocation was made on a price priority basis at multiple clearing prices.