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Central Bank of India
SectorFinancial Services
Central Bank of India is a public sector commercial bank in India, established in 1911 and nationalized in 1969. It provides a wide range of banking and financial services including retail, agricultural, and corporate banking. The bank offers various products such as deposits, loans, digital banking services, and insurance distribution. It has a network of over 4,500 branches, 4,000 ATMs, and 11,000 BC outlets across India. The bank's services include savings and current accounts, time deposits, housing loans, vehicle loans, education loans, agricultural loans, and corporate financing. Central Bank of India also operates subsidiaries for trustee services, housing finance, and has joint ventures in Zambia. The Government of India is the majority shareholder, owning over 80% of the bank.
In the news
Central Bank of India Q2 profit jumps 21% on 26% NII growth
Bank strike deferred: SBI, HDFC banks open Oct 29-30
RD interest rates: Senior citizens earn up to 8.50%, non-seniors 8%
India's Banking Crisis: The Dangerous Gap Between Loans and Deposits
Government's ₹16,000 Crore PSU Disinvestment Drive: Strategy, Market Dynamics & IRFC's Comeback Bid
Central Bank of India: Government Disinvestment and Market Impact
PSU Banks: Strong Growth, Weak Market Sentiment
Company insights, generated from the most recent coverage.
Q2FY27 total business up 20.55% YoY to ₹8.90 lakh crore with advances up 29.83% YoY — aggressive book growth is the core bull case and the reason the stock is bid.
CASA slipped to 44.70% from 46.61% in a single quarter — deposit franchise is losing ground faster than peers and will cap margin recovery even as credit grows.
Treasury income jumped to ₹621 Cr from ₹353 Cr — a large, rate-cycle-dependent chunk of profits that is lower quality than spread income.