Central Bank of India has announced a second interim dividend for its shareholders, demonstrating the bank's continued financial stability and commitment to rewarding investors.

Dividend Details

The bank's Board of Directors, at their meeting held on Friday, 17th October 2025, approved a second interim dividend for the financial year 2025-26. The dividend has been set at 2% or 20 paise per equity share, with a face value of ₹10 each.

Key Points

• Dividend Rate: 2% (₹0.20 per share)
• Face Value: ₹10 per equity share
• Financial Year: 2025-26

Record Date

Central Bank of India has fixed Monday, 27th October 2025, as the Record Date for determining the entitlement of members for the payment of this second interim dividend.

Significance

This dividend declaration comes as a positive signal for the bank's shareholders, indicating the institution's ability to generate profits and maintain a steady dividend payout policy. It reflects the bank's confidence in its financial performance and its commitment to sharing the benefits with its investors.

About Central Bank of India

Central Bank of India is a major public sector bank in India, known for its wide network and diverse banking services. The bank has been focusing on improving its financial health and expanding its digital banking capabilities in recent years.

This dividend announcement aligns with the bank's strategy to balance growth initiatives with shareholder returns, reinforcing investor confidence in the bank's financial management and future prospects.

Central Bank of India , one of India's leading public sector banks, has reported robust financial results for the second quarter of fiscal year 2026, alongside announcing a strategic co-lending partnership for housing loans.

Q2 FY2026 Financial Highlights

The bank's Board of Directors approved the unaudited standalone and consolidated financial results for Q2 and H1 FY2026 on October 17, 2025. Here are the key highlights:

The bank has shown significant improvement in asset quality, with the Gross NPA ratio decreasing from 4.59% to 3.01% year-over-year. The Net NPA ratio also improved, dropping from 0.69% to 0.48%.

Central Bank of India's capital position remains strong, with the Capital Adequacy Ratio standing at 17.34%, well above regulatory requirements.

Interim Dividend Declaration

The bank has declared a 2% interim dividend, amounting to ₹0.20 per equity share with a face value of ₹10 each for FY2026.

Change in Depreciation Method

Effective April 1, 2025, the bank has changed its depreciation method from Written Down Value to Straight Line Method. This change resulted in an increase in depreciation and a decrease in net profit by ₹2,637 lakh for the half year ended September 30, 2025.

Strategic Co-Lending Partnership

In a separate announcement, Central Bank of India revealed a strategic partnership with Godrej Housing Finance Ltd. for co-lending in housing loans. Key points of this partnership include:

• Godrej Housing Finance will originate and process housing loan proposals based on jointly formulated credit parameters.
• Central Bank of India will take up to 80% of the home loans on its books under mutually agreed terms.
• Godrej Housing Finance will service the loan accounts throughout their lifecycle.
• The partnership aims to offer competitive rates and expand the reach of both entities across India.

This co-lending arrangement is expected to benefit customers by providing a convenient experience while helping both institutions expand their housing loan portfolios.

The strategic move aligns with the bank's focus on growing its retail loan book and leveraging partnerships to enhance its market presence in the housing finance sector.

As Central Bank of India continues to strengthen its financial position and explore innovative partnerships, it remains committed to serving its customers and contributing to India's economic growth.