Central Bank of India has announced a strategic partnership with SBI Funds Management Limited to distribute mutual fund products to its customers. The distributorship agreement was disclosed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the bank's commitment to expanding investment opportunities for its customer base.

Partnership Details

The collaboration between Central Bank of India and SBI Funds Management Limited is designed to unlock value for customers' savings through diverse mutual fund investment options. This arrangement will enable Central Bank of India to offer its customers access to SBIFML's comprehensive suite of investment products.

About SBI Funds Management Limited

SBI Funds Management Limited (SBIFML) brings significant expertise and market presence to this partnership. The company was established in 1987 and operates as a joint venture between SBI and AMUNDI (France), one of the world's leading fund management companies.

Key Performance Metrics

Strategic Benefits

The partnership positions both entities to leverage their respective strengths in the financial services sector. Central Bank of India customers will gain access to professional fund management services, while SBIFML can expand its distribution network through the bank's customer base.

The arrangement reflects the growing trend of banks partnering with specialized asset management companies to provide comprehensive financial solutions. This collaboration enables Central Bank of India to offer sophisticated investment products without developing in-house asset management capabilities.

Market Impact

With SBIFML's substantial Assets Under Management of ₹12,41,000 crore as of December 2025 and its extensive investor base of around 25 crore folios, the partnership provides Central Bank of India customers access to a well-established and experienced fund management platform. The collaboration strengthens both organizations' market positioning in India's competitive financial services landscape.

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.