Central Bank of India has issued a formal notice to stock exchanges regarding a proposed bank strike scheduled for February 12, 2026. The notification, dated February 11, 2026, was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strike Details and Participating Unions

The proposed strike has been called by three major banking unions for Thursday, February 12, 2026. The participating organizations include:

The strike is being organized in support of a strike call given by Central Trade Unions, indicating broader labor movement participation across various sectors.

Bank's Preparedness and Response

Central Bank of India has assured stakeholders that it will implement comprehensive measures to maintain operational continuity. The bank stated it will take all necessary steps in accordance with existing guidelines to ensure smooth functioning of its branches and offices on the strike day, should the strike materialize.

Regulatory Compliance

The disclosure was made through the bank's Investors Relations Division from its Central Office. The notice was signed by Chandrakant Bhagwat, Company Secretary & Compliance Officer, and was digitally authenticated on February 11, 2026. The communication was sent to both major stock exchanges where the bank's shares are listed.

This proactive disclosure demonstrates the bank's commitment to maintaining transparency with investors and regulatory authorities regarding potential operational disruptions.

Central Bank of India has entered into a strategic distribution agreement with HSBC Asset Management (India) Private Limited to offer mutual fund products to its customers. The partnership was announced through a regulatory filing dated January 31, 2026, under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Partnership Details

The distribution agreement enables Central Bank of India to offer HSBC's mutual fund products to its customer base, providing enhanced investment opportunities. According to the bank's announcement, this arrangement will allow customers to "unlock the value of their savings through various mutual fund products" offered by HSBC Asset Management.

About HSBC Asset Management

HSBC Asset Management (India) Private Limited brings substantial experience to this partnership, having been established in 2001. The company serves as the asset management company for HSBC Mutual Fund, which was established as a trust under the Indian Trusts Act, 1882.

Key Company Information

Strategic Expansion

HSBC AMC has demonstrated growth through strategic acquisitions, notably acquiring L&T Investment Management Limited (LTIM), the AMC/MF business of L&T Financial Holdings Limited, in November 2022. This acquisition expanded HSBC's mutual fund business capabilities and market presence.

Customer Benefits

The partnership positions Central Bank of India customers to access a diversified range of mutual fund investment options through an established asset management platform. With HSBC AMC's substantial assets under management of Rs.1,38,654 crore as of December 2025, customers gain access to professionally managed investment solutions.

This distribution agreement represents Central Bank of India's continued efforts to expand its financial services portfolio and provide customers with comprehensive investment solutions through strategic partnerships with established financial institutions.