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India
As of 18 Sept 2026, 03:30 pm
The United Forum of Bank Unions (UFBU) has announced strike dates for Central Bank of India, including September 11, 2026, September 28–30, 2026, and a continuous strike from October 26, 2026. The bank's management stated on September 9, 2026, that it is implementing existing guidelines to ensure smooth branch operations during these potential strikes.
As of September 18, 2026, Central Bank of India has shown varied returns across different timeframes. The stock has returned 4% in the last day, 2% in the last month, and 3% in the last 5 days. However, over longer periods, it has seen declines: -16% in the last year, -4% in the last three months, -10% in the last six months, and -41% since the start of trading. Year-to-date, the return is -16%.
As of September 18, 2026, the nearest support level identified is ₹31.65, which is approximately 0.26% below the current price. Key resistance levels are observed at ₹37.06 (16.81% higher), ₹38.60 (21.64% higher), and ₹39.69 (25.09% higher).
Recent news indicates that public sector bank stocks, including Central Bank of India, reacted positively to rumors of a merger between nine public sector banks. However, the government officially debunked these claims on September 9, 2026, via PIB Fact Check, confirming a fake gazette document was circulating and urging caution.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue On Investments | ₹2,646.31 crore | ₹2,601.40 crore | PEAK₹2,683.02 crore | ₹2,588.67 crore | ₹2,341.13 crore |
| Interest Earned | PEAK₹9,725.90 crore | ₹9,697.80 crore | ₹9,069.98 crore | ₹8,776.54 crore | ₹8,623.38 crore |
| Other Income | ₹988.49 crore | ₹1,161.31 crore | PEAK₹1,936.96 crore | ₹1,507.17 crore | ₹1,786.73 crore |
| Interest Expended | PEAK₹5,793.95 crore | ₹5,676.52 crore | ₹5,551.74 crore | ₹5,476.04 crore | ₹5,221.75 crore |
| Employees Cost | ₹1,763.64 crore | ₹1,804.38 crore | PEAK₹2,060.04 crore | ₹1,897.18 crore | ₹1,838.78 crore |
| Other Operating Expenses | ₹960.55 crore | PEAK₹1,263.78 crore | ₹1,098.25 crore | ₹1,115.07 crore | ₹1,034.17 crore |
Operating profit before provisions and contingencies was ₹2,196.25 crore, up 3.9% from the March quarter but down 5.1% from ₹2,315.41 crore in Q1 last year. The year-on-year decline reflects the drop in other income, which more than offset the growth in net interest income and the reduction in operating expenses.
Provisions and contingencies (the difference between operating profit and profit before tax) amounted to ₹405.03 crore, down from ₹505.01 crore
Exchange disclosures and regulatory announcements for Central Bank of India.
The United Forum of Bank Unions (UFBU) has issued a strike notice against Central Bank of India, scheduling industrial action for September 11, 2026, September 28–30, 2026, and a continuous strike starting October 26, 2026. In response, the bank's Company Secretary & Compliance Officer, Chandrakant Bhagwat, confirmed on September 9, 2026, that the institution is implementing existing guidelines to ensure branch operations continue smoothly during any potential strikes.
Shri Jai Shankar Prasad was promoted to General Manager, Customer Care Department (CCD) of Central Bank of India effective 01 September 2026, as per an office order dated 03 September 2026. He has over 33 years of banking experience and previously served as Deputy General Manager in the same department.
On September 4, 2026, Central Bank of India appointed Mr. Jai Shankar Prasad as General Manager, effective the same day. The 57-year-old executive, who joined the bank in 1993 and holds over 33 years of banking experience, previously served as Deputy General Manager in the Customer Care Department.
On August 4, 2026, CRISIL Ratings Limited upgraded the credit rating for Central Bank of India's Corporate Credit and Securities from AA/Stable to AA+. The bank's Tier II Bonds under Basel III were upgraded from AA/Stable to AA+, and proposed Tier I Bonds under Basel III (Rs 1000 Crore) were upgraded from AA- to AA. Proposed Certificates of Deposits (Rs 10000 Crore) were reaffirmed at A1+.
On August 4, 2026, CRISIL Ratings Limited upgraded the credit rating for Central Bank of India's Corporate Credit and Securities from AA/Stable to AA+. The bank's Tier II Bonds under Basel III were upgraded from AA/Stable to AA+, and proposed Tier I Bonds under Basel III (Rs 1000 Crore) were upgraded from AA- to AA. Proposed Certificates of Deposits (Rs 10000 Crore) were reaffirmed at A1+.
The 19th Annual General Meeting of Central Bank of India was held on July 31, 2026, via Video Conference. Shareholders approved the audited standalone and consolidated financial statements for the year ended March 31, 2026, and confirmed interim dividends totaling ₹1.20 per equity share for FY 2025-26. Key appointments and extensions for directors and the MD & CEO were also approved, along with a special resolution to raise equity capital up to ₹7000 crore.
Recent market and company developments associated with Central Bank of India.
A fake document claiming a merger of public sector banks, purportedly issued by the Ministry of Finance, has been circulating online. The government confirmed it is not authentic, urging caution in verifying such claims, as PSU bank stocks react positively to the rumors.
public sector bank mergers, fake gazette, PIB Fact Check, Finance Ministry India, State Bank of India, Punjab National Bank, Bank of Baroda, social media misinformation, PSU banks
Hero FinCorp cyber fraud, Hero FinCorp Rs 12.84 crore fraud, Delhi Police IFSO, bank manager arrested, Hero FinCorp unauthorised transactions, corporate bank account fraud, cyber fraud India, USDT money laundering, Chinese Telegram groups, Rs 1.7 crore frozen
Delhi Police arrest five in a ₹12.84 crore cyber fraud case involving Hero FinCorp and links to international Telegram groups.
Bank merger, PSBs merger, Public Sector Bank merger, PIB Fact Check fake bank merger
HDFC Bank shares: Extending the rally for third straight session, the large-cap lender stock opened with an upside gap at ₹722.40 per share on the NSE and touched an intraday high of ₹730.75
The Mumbai bench of NCLT has approved Fincare Enterprises’ ₹7.42 crore resolution plan for Central Departmental Stores Private Limited under the IBC. The plan was approved despite admitted claims of about ₹560 crore by Central Bank of India. The resolution amount includes ₹1.24 crore upfront payment and recoveries from asset sales and avoidance transactions.
Central Bank of India launches Bharat Connect for Business, enhancing B2B payments with an integrated digital platform for businesses.
Comprehensive Section Breakdown for Central Bank of India
Strategic Vision: Offers banking services to retail, corporate, agriculture, and MSME sectors.
• Established network of branches across 28 states and 7 Union Territories.
• Long history of providing banking services since 1911.
• Experience in offering specialized services for agriculture and MSME sectors.
Central Bank of India’s first quarter of FY2026-27 showed a large sequential jump in net profit, driven by a combination of lower provisions and a sharp drop in tax expense. However, the underlying operating profit fell compared to the same quarter last year, as a steep decline in other income offset solid growth in interest income. Asset quality metrics were mixed: the gross non-performing asset ratio continued to improve, while the net NPA ratio edged slightly higher.
Total revenue from operations (interest earned plus other income) was ₹10,714.39 crore, up 2.9% from ₹10,410.11 crore a year earlier. The increase came entirely from interest earned, which rose 12.8% year-on-year to ₹9,725.90 crore. Revenue on investments grew 13.0% over the same period to ₹2,646.31 crore, consistent with the overall interest income trend.
Other income, however, fell sharply. At ₹988.49 crore, it was 44.7% lower than the ₹1,786.73 crore recorded in Q1 last year and 14.9% below the preceding quarter’s ₹1,161.31 crore. This decline was the main factor behind the year-on-year drop in operating profit.
Interest expended increased 11.0% year-on-year to ₹5,793.95 crore, slightly below the pace of interest income growth. As a result, net interest income (interest earned minus interest expended) rose 15.6% from a year ago to ₹3,931.95 crore. Sequentially, however, net interest income fell 2.2% because interest expense grew faster than interest income in the latest quarter.
Operating expenses (employee costs plus other operating expenses) totalled ₹2,724.19 crore, down 5.2% from a year earlier and down 11.2% from the March quarter. Employee costs fell 4.1% year-on-year to ₹1,763.64 crore, while other operating expenses dropped 7.1% to ₹960.55 crore. The sequential decline in other operating expenses was particularly large at 24.0%.
Category: Financial Services
Provides various banking activities for retail clients.
Category: Financial Services
Offers a range of banking services for corporate clients.
Category: Financial Services
Provides specialized banking services for the agriculture sector.
Category: Financial Services
Offers specialized banking services for the MSME sector.
Category: Financial Services
Through its subsidiary CFSL, offers debenture trusteeship, securities trusteeship, and executor trusteeship services.
Key Products & Services: Centbank Financial Services Limited (CFSL)
Core Thesis: The bank's diverse service offerings across retail, corporate, agriculture, and MSME sectors, supported by innovative historical initiatives, form its operational foundation.
• Historical Innovation: The bank has a history of introducing innovative banking services since its inception, including specialized schemes and departments. • Sectoral Specialization: The bank provides specialized services tailored for the agriculture and MSME sectors, alongside retail and corporate banking. • Subsidiary Services: Operates a wholly-owned subsidiary, CFSL, to provide specialized trusteeship services.