Central Bank of India

Asheesh Pandey appointed MD & CEO of Union Bank of India; Kalyan Kumar to lead Central Bank of India

The government has appointed Asheesh Pandey as MD and CEO of Union Bank of India and Kalyan Kumar as MD…

Updated: September 30, 2025 11:49 IST

MSMEs, Central Bank of India, Future Generali India Life Insurance, FGILICL

‘Central Bank’s entry as a shareholder to be a game changer,’ says Alok Rungta

Central Bank of India acquires 25.18% stake in Future Generali India Life Insurance. CEO Alok Rungta discusses FY25 growth, group…

June 13, 2025 00:08 IST

Central Bank of India, Future Generali India Insurance Company, acquisition, insurance sector, equity stake, company valuation, banking sector

Central Bank of India acquires 24.91% stake in Future Generali India Insurance for up to Rs 451 crore

Central Bank of India has acquired an equity stake of 24.91 per cent in Future Generali India Insurance Company Limited…

Updated: June 5, 2025 15:59 IST

Central Bank of India profit jumps 33%

Following the earnings announcement, shares of Central Bank of India rose 5% intra-day on the BSE, before closing at Rs…

January 21, 2025 00:30 IST

Indian government, stake sale, state-run banks, BSE, SEBI, QIP, banking sector

Central Bank of India’s PAT jumps 51 per cent to Rs 913 crore

In terms of asset quality, the return on assets (RoA) improved to 0.85% for the quarter ended September, registering an…

October 17, 2024 21:34 IST

acquisition, Central Bank of India, CCI, Future Generali, general insurance, life insurance

Central Bank of India gets CCI nod to acquire stakes in two entities of Future Generali

“The proposed combination envisages acquisition by Central Bank of India of 24.91 per cent equity stake in Future Generali India…

October 16, 2024 10:29 IST

Central Bank of India, Central Bank of India Q3 results, quarter earnings, profit, NII, NIM, NPA, asset quality, deposits, loan, bank branches, banking sector

Central Bank of India posts Q3 profit at Rs 734.47 crore, up 55.1% on-year; NII at Rs 3152 crore

The Bank’s Net Interest Income (NII) marginally declined by 4.04 per cent on YoY basis to Rs 3152 crore in…

January 19, 2024 13:47 IST

UTI AMC, appointment, Anurag Mittal, Fixed Income, asset management, financial goals, investors, fund management

Central Bank of India ties up with SFISPL to offer agriculture and MSME loans, widens portfolio

“The participation by both the entities in this co-lending arrangement will result in greater expansion of portfolio by Central Bank…

August 30, 2023 10:47 IST

Central Bank of India, Q1FY24 results, quarter results, profit, interest, NII, NPA, NIM, deposits, loan book, banking sector

Central Bank of India Q1FY24 results: Profit jumps 81.4% at Rs 494.98 crore, interest income up 30.7%

The Central Bank of India earned a total interest of Rs 7,258.97 crore, up 30.7 per cent as against Rs…

July 17, 2023 16:19 IST

Central Bank, Central Bank of india, rbi on Central Bank of india,

RBI slaps Rs 84.5-lakh fine on Central Bank

The bank also recovered SMS alert charges from its customers on a flat basis rather than on an actual usage…

May 27, 2023 02:30 IST

Central Bank of India’s profit jumps 64% in Q3

Net interest margin (NIM) improved 31 basis points (bps) to 4.07% as of December 31.

January 19, 2023 05:00 IST

Central Bank of India posts 27% rise in profit

This is the first time the bank has posted earnings after coming out of the prompt corrective action (PCA) framework…

Updated: October 21, 2022 07:24 IST

Deposit maturity: Bank stops withdrawal saying deposit slip issued by mistake. NCDRC decides against it

A bank may not deny withdrawal on the maturity of a deposit scheme saying the deposit certificate was issued by…

September 29, 2022 12:15 IST

Central Bank of India likely to exit RBI PCA framework soon

As per the revised guidelines, capital, asset quality and leverage are the key areas for monitoring in the revised framework.

August 21, 2022 15:23 IST

Central Bank of India Q1 net rises 14.2 pc to Rs 234.78 crore

The State-owned lender had posted a net profit of Rs 205.58 crore in the same quarter a year ago.

Updated: July 25, 2022 15:14 IST

Government mulls entire stake sale in two banks to woo investors

NITI Aayog has already recommended the privatisation of Indian Overseas Bank (IOB) and Central Bank of India (CBI), although the…

June 29, 2022 03:00 IST

Net interest income increased to Rs 2,416.07 crore from Rs 1,516.39 crore, a growth of 59.33%. The net interest margin improved to 3.26% from 2.04% during Q4FY21, said the bank in a release.

Central Bank back in black with Rs 310-crore profit

The bank’s asset quality improved during as the gross NPA ratio fell 171 basis points YoY to 14.84%, while the…

May 10, 2022 02:30 IST

Bank privatisation Bill unlikely in Budget session

The Niti Aayog has reportedly suggested that Indian Overseas Bank and Central Bank of India be privatised. But a key…

March 17, 2022 01:23 IST

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‘If Pakistan wants to remain in geography…’: Army Chief warns neighbouring country

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