Central Bank of India
39.43
+0.51(+1.31%)
Market Cap₹35,689.68 Cr
PE Ratio7.68
IndustryBanks
Company Performance:
1D+1.31%
1M+1.75%
6M+3.19%
1Y-25.11%
5Y+241.39%
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More news about Central Bank of India
16Oct 25
Central Bank of India Forges Co-Lending Partnership with Godrej Housing Finance for Housing Loans
Central Bank of India has formed a strategic co-lending partnership with Godrej Housing Finance Ltd. for housing loans. Godrej Housing Finance will originate and process loan proposals, while Central Bank of India will take up to 80% of home loans on its books. Godrej Housing Finance will service the loans throughout their lifecycle. This collaboration aims to expand both entities' loan portfolios, offer competitive interest rates, and improve customer experience. The partnership will operate in compliance with applicable laws and RBI guidelines.
14Oct 25
Central Bank of India to Consider Second Interim Dividend for FY 2025-26
Central Bank of India's Board of Directors will meet on October 17, 2025, to consider a second interim dividend for FY 2025-26 and review Q2 financial results. The meeting will be held at the bank's Head Office in Mumbai. A conference call with analysts and investors is scheduled for the same day at 4:00 PM IST to discuss the Q2 and half-year performance ended September 30, 2025. Senior management, including MD & CEO Shri Kalyan Kumar, will participate in the call.
23Sept 25
Central Bank of India Forges Strategic Alliance with C2FO for MSME Financial Inclusion
Central Bank of India has formed a strategic partnership with C2FO Factoring Solutions Pvt. Ltd. to provide Trade Receivables Discounting System (TReDS) services through the C2Treds platform. This collaboration aims to enhance liquidity management and financial support for Micro, Small, and Medium Enterprises (MSMEs) across India. The partnership is expected to improve cash flow, expand financial inclusion, and promote digital financing for small businesses. C2FO Factoring Solutions, a subsidiary of US-based C2FO, has received RBI approval to operate as a TReDS platform.
17Sept 25
Central Bank of India to Invest Rs 64.40 Crore in Subsidiary's Rights Issue
Central Bank of India's Board of Directors has approved an investment of Rs 64.40 crore in a rights issue of its housing finance subsidiary, Cent Home Bank Finance Ltd. The total rights issue amounts to Rs 100.00 crore. The decision was made during a board meeting on September 17, 2025, lasting from 3:00 PM to 5:15 PM. This investment aims to strengthen the bank's presence in the housing finance sector and is subject to necessary approvals as per SEBI regulations.
16Sept 25
Central Bank of India Extends Executive Director M V Murali Krishna's Term Until 2027
The Department of Financial Services, Ministry of Finance, has extended the term of Shri M V Murali Krishna as Executive Director of Central Bank of India. His tenure, originally set to end on November 30, 2025, has been extended to July 31, 2027, or until the date of superannuation, whichever is earlier. This decision was officially communicated to the National Stock Exchange and BSE Limited on September 16, 2025, in compliance with SEBI regulations.
25Aug 25
Central Bank of India Teams Up with KredX to Boost MSME Financing Through TReDS
Central Bank of India has formed a strategic partnership with KredX Platform Pvt Ltd to enhance financial support for MSMEs across India. The collaboration will use KredX's TReDS platform, DTX, to offer invoice discounting services, improving liquidity and financial inclusion for small and medium enterprises. This move aligns with RBI's vision to expand digital financing for MSMEs and promote efficient trade receivables management.
01Aug 25
Central Bank of India's MD & CEO Matam Venkat Rao Retires
Shri Matam Venkat Rao, Managing Director and CEO of Central Bank of India, has retired effective July 31, 2025, due to superannuation. The bank notified stock exchanges BSE and NSE about this change in board composition. No successor has been announced yet, marking a significant leadership transition for the public sector bank.
25Jul 25
Central Bank of India Welcomes Shri Baldeo Purushartha as New Government Nominee Director
Central Bank of India has appointed Shri Baldeo Purushartha, an IAS officer, as the new Government Nominee Director, effective July 24, 2025. Purushartha, currently Joint Secretary in the Department of Economic Affairs, Ministry of Finance, replaces Shri Hardik Mukesh Sheth. He brings extensive experience from various government roles and board positions in prominent organizations. Purushartha holds a Post Graduate degree in History from the University of Delhi and is not debarred from holding directorship by SEBI or any other authority.
23Jul 25
Central Bank of India Sets Record Date for Interim Dividend Payment
Central Bank of India (CBI) has published advertisements in multiple newspapers on July 23rd, 2025, informing shareholders about the record date for an upcoming interim dividend payment and important tax deduction details. The announcement, signed by Company Secretary & Compliance Officer Chandrakant Bhagwat, was published in Business Standard (English), Navbharat (Hindi), and a Marathi newspaper in Mumbai. CBI has also filed the required documentation with stock exchanges, complying with SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations.
19Jul 25
Central Bank of India Reports Robust Q1 Performance with Improved Asset Quality
Central Bank of India's Q1 net profit surged to ₹1,16,869.00 lakh, a 32.80% year-on-year increase. The bank improved its asset quality with GNPA ratio at 3.13% and NNPA ratio at 0.49%. Capital adequacy ratio stood at 17.66%. The bank declared an interim dividend of 2% (₹0.20 per equity share). Total income reached ₹10,37,412.00 lakh, with operating profit at ₹2,30,398.00 lakh.
18Jul 25
Central Bank of India Sets Date for Q1 FY26 Results, Considers Interim Dividend
Central Bank of India has announced important dates for its Q1 FY26 financial disclosures. The bank's board will meet on July 19, 2025, to review Q1 FY26 results and consider an interim dividend. A trading window closure for insiders will be in effect from July 1, 2025, until 48 hours post-result announcement. An earnings call is scheduled for July 21, 2025, to discuss the financial performance with investors and analysts.
30Jun 25
Central Bank of India Announces Dividend, Reports Strong Q4 Profit Growth
Central Bank of India has set July 4 as the record date for a final dividend of Rs 0.19 per share, subject to shareholder approval at the AGM on July 19. The bank reported a net profit of Rs 1,104.58 crore for Q4, marking a 35.30% year-over-year increase.
27Jun 25
Central Bank of India Expands Insurance Footprint with Strategic Stakes in Future Generali
Central Bank of India has acquired a 24.91% stake in Future Generali India Insurance Company Ltd and a 25.18% stake in Future Generali India Life Insurance Company Ltd. The bank has also entered into strategic agreements with the Generali Group, including governance, branding, and distribution frameworks. Additionally, a bancassurance partnership has been established for distributing life insurance products through the bank's network.
29Apr 25
Central Bank of India Reports Strong Q4 and FY 2025 Results with 48% Jump in Annual Net Profit
Central Bank of India posted impressive financial results for FY 2024-25, with net profit rising 48.49% to ₹3,785.00 crore. The bank saw improvements across key metrics, including a 9.58% increase in interest income to ₹33,666.00 crore and a 10.37% growth in total business to ₹7,02,798.00 crore. Asset quality improved significantly, with the GNPA ratio decreasing to 3.18% from 4.50%. Q4 FY 2025 saw a 28.13% increase in net profit to ₹1,034.00 crore. The bank's ROA improved to 0.86%, while its Capital Adequacy Ratio strengthened to 17.02%. The RAM business segment grew by 16.13%, and digital transactions accounted for 86.15% of total transactions. A final dividend of 1.875% was recommended.
28Apr 25
Central Bank of India Reports Strong Q4 and FY 2025 Results, Net Profit Surges 48%
Central Bank of India reported strong financial results for FY 2025. Net profit increased by 48.49% to ₹3,785.00 crore. Q4 FY 2025 net profit rose by 28.13% to ₹1,034.00 crore. Total business grew by 10.37% to ₹7,02,798.00 crore. Gross NPA ratio improved to 3.18% from 4.50%, while net NPA ratio decreased to 0.55% from 1.23%. The bank's Capital Adequacy Ratio under Basel III norms improved to 17.02%. The Board recommended a final dividend of ₹0.19 per equity share for FY 2025.
23Apr 25
Central Bank of India to Discuss FY26 Fundraising Plan and FY25 Results in Upcoming Board Meeting
Central Bank of India has scheduled a board meeting for April 28, 2025, to discuss capital raising plans for FY 2025-26 and review financial results for the year ended March 31, 2025. The board will consider options like FPO, Rights Issue, and QIP for capital raising. They will also approve audited financial results and consider a final dividend proposal. The bank has closed its trading window from April 1, 2025, until 48 hours after the financial results are declared.
03Apr 25
Central Bank of India Surpasses ₹7 Lakh Crore in Total Business, Reports 10.75% Growth
Central Bank of India reported total business of ₹705,196 crore as of March 31, 2025, marking a 10.75% year-on-year growth. Total deposits increased by 7.18% to ₹412,665 crore, while gross advances grew by 16.20% to ₹292,531 crore. The bank's CASA ratio stood at 48.91%, and the Credit-Deposit ratio improved significantly to 71.13%. Management expressed gratitude to stakeholders for achieving this milestone.
02Apr 25
Central Bank of India Stock Plummets 11% Despite Business Growth
Central Bank of India's stock dropped 11% to ₹36.86, reaching an 18-month low, following a QIP issue to reduce government shareholding. The stock has fallen 52% from its February peak of ₹77.00. Despite this, the bank reported positive financial indicators, including a 33.58% increase in Q3 FY25 net profit to ₹958.93 crore and achieving over ₹7 lakh crore in total business. Year-on-year growth shows total business up 10.75%, gross advances increased 16.20%, and an improved Credit Deposit ratio of 71.13%.
02Apr 25
Central Bank of India Surpasses ₹7 Lakh Crore Business Milestone, Reports Strong Growth
Central Bank of India achieved a milestone by crossing ₹7 lakh crore in total business as of March 31, 2025. The bank's total business reached ₹7,05,196.00 crore, a 10.75% year-over-year increase. Total deposits grew by 7.18% to ₹4,12,665.00 crore, while gross advances surged by 16.20% to ₹2,92,531.00 crore. The Credit-Deposit ratio improved by 554 basis points to 71.13%. The CASA ratio stood at 48.91%, slightly lower than the previous year's 50.02%.
25Mar 25
Central Bank of India Launches QIP to Raise Up to ₹1,500 Crore with ₹40.49 Indicative Price
Central Bank of India has announced a Qualified Institutions Placement (QIP) to raise up to ₹1,500 crore, with an option to upsize by ₹500 crore. The indicative price is set at ₹40.49 per share, a 13.70% discount to the last closing price. The base issue includes over 37.00 crore shares, with a greenshoe option for over 12.30 crore additional shares. Allotment is scheduled for April 1, 2025, with trading available after April 3, 2025. The QIP follows approvals from the Board of Directors, shareholders, and the Capital Raising Committee.
24Mar 25
Central Bank of India Launches QIP with ₹42.62 Floor Price
Central Bank of India has announced a Qualified Institutions Placement (QIP) with a floor price of ₹42.62 per equity share. The QIP, set to open on March 24, 2025, aims to strengthen the bank's capital base. The bank may offer a discount of up to 5% on the floor price. This initiative follows approvals from the Board of Directors, shareholders, and the Capital Raising Committee. The preliminary placement document has been filed with stock exchanges, adhering to SEBI regulations.
Central Bank of India
39.43
+0.51
(+1.31%)
1 Year Returns:-25.11%
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