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.

Central Bank of India has officially notified stock exchanges regarding a proposed bank strike that could impact operations on January 27, 2026. The notification, issued under SEBI Regulation 30 compliance requirements, provides transparency to investors and stakeholders about potential operational disruptions.

Strike Details and Union Involvement

The United Forum of Bank Unions (UFBU) has called for a one-day strike on January 27, 2026, as communicated through their letter dated January 8, 2026. The forum represents a coalition of nine major banking unions and associations working collectively on various demands.

Bank's Response and Contingency Measures

Central Bank of India has assured stakeholders that comprehensive preparations are underway to maintain banking services during the proposed strike period. The bank stated it will implement all necessary steps in accordance with existing regulatory guidelines to ensure smooth functioning of branches and offices.

The management emphasized their commitment to minimizing any potential disruption to customer services, should the strike materialize as planned by the union forum.

Regulatory Compliance and Market Communication

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform exchanges about material events that could impact operations.

The notification ensures that investors and market participants are adequately informed about potential operational impacts, maintaining transparency in line with corporate governance standards. The bank's proactive communication demonstrates its commitment to keeping stakeholders informed about developments that may affect normal business operations.