Life Insurance Corporation (LIC) has boosted its ownership in the Central Bank of India, raising its stake to 6.06%. This increase came from the acquisition of approximately 26 crore shares. Despite a minor decrease of 0.03% on the BSE, the closing share price for Central Bank was at Rs 31.29.
Central Bank of India
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Central Bank of India saw significant trading volume of 1.59 million shares on May 25, 2026, but the stock fell slightly, performing poorly compared to its peers and the Sensex index.
The Central Bank of India, now exempt from PCA (Prompt Corrective Action), is aiming to diversify into wealth management services to enhance its profits by catering to premium clientele.
The Central Bank's Offer for Sale (OFS) was significantly over-subscribed by a factor of 2.35 times on its first day, as reported by the Secretary of the Department of Investment and Public Asset Management (DIPAM).
The Central Bank of India shares plummeted to a 52-week low of Rs 31.24, declining by almost 8%, indicating poor performance compared to the wider market in the last year.
Investors are warned against participating in the Central Bank of India's OFS due to worries about profit margins and potential earnings issues, as per analyst recommendations.
Tomorrow sees the start of an Offer for Sale (OFS) of Central Bank of India shares, exclusively to non-retail investors, as announced by DIPAM Secretary.
The Indian government plans to sell an 8% stake in the Central Bank of India through an Offer for Sale (OFS). Retail investors can bid for shares starting from Monday, with non-retail bidding available from today.
The Central Bank of India has announced an Offer for Sale (OFS) of its equity shares, with the Indian government set to sell shares worth approximately Rs. 10 each. This move is led by the President of India as a promoter.
Central Bank of India shares decreased by 6% due to the government selling an 8% stake in a share offer at ₹31, causing a discount from the previous closing price. The government is complying with SEBI's public shareholding norms and analysts predict technical weakness, but suggest a potential short-term recovery if the price holds above ₹31.30.
The Indian government plans to sell a 4% stake in the Central Bank for ₹31 per share, aiming to accelerate privatization efforts. Dalmia Cement is set to acquire Jaiprakash's assets worth ₹2,850 crores, while Eicher and Volvo are joining forces to form a joint venture focused on financial services.
Vodafone Idea experienced a 1% increase in shares due to improved Q4 profits, while JSW Cement saw a significant jump of 12% driven by robust earnings. On the flip side, Central Bank of India plunged 6% amidst the government's stake sale, leading the trading on NSE, causing the Sensex and Nifty to rise modestly by 0.55% and 0.48%, respectively.
The Central Bank of India showcased impressive results in Q4, highlighting robust financial health, improved asset quality, and notable growth indicators, as detailed in their May 7th presentation.
The Central Bank of India expects minimal disruption from the newly introduced provisioning guidelines, suggesting a smooth transition for the banking sector.
By FY27, the Central Bank of India plans to boost its credit growth by 14-16%, alongside investing approximately Rs 1,442 Crore in digital initiatives. This move aims to drive financial inclusion and modernize operations.
Central Bank of India has published their Q4 FY26 results, detailing the effects of broader economic indicators on their performance, in accordance with regulatory standards.
Central Bank of India reported a 30% drop in Q4 profit, reaching ₹724.4 crore, but net interest income (NII) saw an impressive 17.8% increase to ₹4,002 crore. The bank's gross non-performing assets improved to 2.67%. In a move to return value to shareholders, the bank declared a dividend of ₹0.60 per share and aims to raise ₹7,000 crore in the upcoming fiscal year 2026-2027 (FY27).
The Central Bank of India has reported an improved slippage ratio, now standing at 1.16%, marking a 29 basis point decrease compared to previous figures. This indicates better loan performance.
The Central Bank of India experienced a 30% decline in Q4FY26 net profit, reaching ₹724 crore. This decrease was primarily due to a ₹632 crore deferred tax liability and lower earnings from their treasury operations.
The Central Bank of India's profit after tax (PAT) has dropped by 30% year-on-year, primarily attributed to a one-time tax expense. This unexpected setback might influence the bank's overall financial performance for the year.
The Central Bank of India has approved its financial results for the fiscal year ending March 31, 2026, announcing a fourth interim dividend of ₹0.60 per share. Additionally, the bank plans to secure a significant fundraise amounting to ₹7,000 crore in the upcoming fiscal year 2026-27.
The Central Bank of India's loan defaults (GNPA) decreased slightly in Q4, moving down to 2.67% compared to 2.70% in the previous quarter. Simultaneously, non-performing assets (NNPA) showed a slight increase, rising to 0.49% from 0.45% in Q4.
The Central Bank of India's Q4 profit experienced a decrease by 30%, dropping from ₹10.3 billion to ₹7.2 billion year-over-year. Despite the profit decline, revenue saw an increase of 12% YoY, reaching ₹96.6 billion compared to ₹86.2 billion in Q4 of last year, indicating growth in revenue.
The Central Bank of India has announced its intention to boost its capital reserves by employing various methods like Follow-On Public Offerings (FPO), Rights Issues, Qualified Institutional Placements (QIP), and Preferential Issues during the fiscal years 2026 and 2027.
The Central Bank of India is currently displaying a bearish trend, as indicated by the MACD and Bollinger Bands. Despite an upgrade from Mojo Grade to 'Hold' on April 24th, 2026, the stock has witnessed a 2.1% decline.
The Central Bank of India has appointed Raj Kokil Singh as its new Chief Risk Officer, effective from April 20th, 2026. He is taking over from Dr. G. Bhaskar who served for a term of three years. More information about the transition can be found on the bank's official website.
The Central Bank has announced the listing of its AAA-rated corporate bond for fiscal year 2026 on September 1, 2023, as per SEBI regulations, with the bond's rating being upheld.
Novus Loyalty has secured a significant order worth 88 crore INR from Central Bank of India for managing their loyalty program across digital platforms. This news follows Central Bank's impressive Q3 FY26 net profit increase by 31.7% to 1,262.6 crore INR, leading to a 0.45% rise in its share price at Rs 36 on BSE.
The Central Bank of India launched a new bond offering worth ₹1,500 crores on August 30, 2023, boasting an attractive coupon rate of 8.8%. These bonds will mature in 2033, while providing annual call options starting from 2028.
The Central Bank of India has announced that the President of India holds an impressive 89.27% stake in the bank, with no pledging or other encumbrances on these shares for the financial year ending March 31, 2026, according to SEBI regulations.
Central Bank of India reported a significant 15.7% year-on-year growth in Q4 FY25-26, reaching ₹8.13 trillion. This growth was driven by increases in both deposits (up 13.4% YoY to ₹4.68 trillion) and gross advances (up 18.9% YoY to ₹3.45 trillion).
In the financial year 2026, Punjab National Bank (PNB) reported a significant 12.2% increase in advances compared to the previous year, surpassing deposit growth. This notable expansion comes as both PNB and the Central Bank experienced double-digit credit growth, with deposits growing by 9.1% year over year.
The Central Bank of India has been issued a tax demand notice worth approximately ₹296 crores by the Income Tax Department for fiscal year 2025. The bank intends to contest this order, with hopes that its day-to-day operations will not be affected financially.