# CENTRALBK (CENTRALBK) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/centralbk

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹31.72
- Change: +4.34%
- As of: 2026-09-18
- 1D return: +4.37%
- 5D return: +2.95%
- 1M return: +2.12%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, CENTRALBK is trading at ₹31.73. The daily timeframe shows a bullish setup with the price above key moving averages (EMA 20, EMA 50, SMA 20, SMA 50) and the Supertrend indicator. However, this is contrasted by the weekly and monthly timeframes, which indicate a bearish trend, with the price below the EMA 20, EMA 50, SMA 20, and SMA 50 on the weekly chart, and below the EMA 20 and SMA 20 on the monthly chart. The stock is currently positioned near its nearest support level at ₹31.65, which is approximately 0.26% below the current price. The nearest resistance is observed at ₹37.06, about 16.81% higher.

Recent activity on September 18, 2026, included an "Outside Bar" pattern on the monthly timeframe and a "Morning Star" pattern on the daily timeframe. The daily chart also experienced an "EXTREME" severity anomaly with a volume ratio of 9.63 and a Z-score of 18.68, indicating significant price and volume movement. The stock's annualized volatility stands at 34%, with a current drawdown of -43% and a maximum drawdown of -46%. This suggests a high-risk environment, particularly given the conflicting signals across different timeframes.

- Current price on September 18, 2026: ₹31.73.
- Nearest support level: ₹31.65 (approx. 0.26% below current price).
- Nearest resistance level: ₹37.06 (approx. 16.81% above current price).
- Daily timeframe shows bullish signals (price above key MAs and Supertrend).
- Weekly and monthly timeframes show bearish signals (price below key MAs).
- Annualized volatility is 34%, with a current drawdown of -43%.

- Outside Bar
- Morning Star
- Doji
- Evening Star
- Harami

### News Context

Over the past seven days, public sector bank (PSU bank) stocks, including those of State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda, experienced a notable reaction to rumors of a potential merger. These stocks saw positive movement following the circulation of a fake document, purportedly from the Ministry of Finance, suggesting the merger of nine public sector banks. The government, through PIB Fact Check, officially debunked this document on September 17, 2026, labeling it as 'fake' and advising caution regarding such claims. This incident highlights the market's sensitivity to merger news, even when based on misinformation. Separately, a significant cyber fraud case involving Hero FinCorp came to light, with Delhi Police arresting five individuals on September 17, 2026, in connection with an unauthorized transaction of ₹12.84 crore. The investigation revealed links to international Telegram groups and potential money laundering activities, with ₹1.7 crore of the defrauded amount being frozen.

- On September 17, 2026, the Indian government officially denied a viral document claiming the merger of nine public sector banks, stating it was fake.
- Following the circulation of merger rumors, PSU bank stocks, including SBI and PNB, reacted positively before the government's clarification.
- On September 17, 2026, Delhi Police arrested five individuals in a ₹12.84 crore cyber fraud case linked to Hero FinCorp.
- The Hero FinCorp cyber fraud involved unauthorized transactions and connections to international Telegram groups, with ₹1.7 crore frozen.

- SBI, PNB to Bank of Maharashtra: Why are PSU bank stocks rising today?
- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- Rs 12.84 crore moved in 317 transactions: Five held in Hero FinCorp cyber fraud
- Cyber fraud syndicate busted in ₹12.84 crore Hero FinCorp case, five arrested
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?

### What Changed

On September 18, 2026, Central Bank of India (CENTRALBK) experienced a price increase to ₹31.73 from its previous price of ₹30.43. This movement occurred amidst broader market activity in public sector bank stocks, which saw a positive reaction to unconfirmed merger rumors. The government has since clarified that a circulated document regarding such a merger was not authentic and urged caution. The company's profile on the NSE remains unchanged.

- On 2026-09-18, CENTRALBK's price was ₹31.73, up from ₹30.43.
- News on 2026-09-18 reported that public sector bank stocks, including CENTRALBK, reacted positively to unconfirmed merger rumors.
- The government confirmed on 2026-09-18 that a circulated merger document was fake and advised caution.
- CENTRALBK is listed on the NSE.

- SBI, PNB to Bank of Maharashtra: Why are PSU bank stocks rising today?

### Official Filings

Central Bank of India has disclosed plans for potential industrial action by the United Forum of Bank Unions (UFBU), with strike dates scheduled for September 11, 2026, September 28–30, 2026, and a continuous strike commencing October 26, 2026. The bank has stated that it is implementing existing guidelines to ensure continued branch operations. In leadership updates, the bank announced the appointment of Mr. Jai Shankar Prasad as General Manager, effective September 4, 2026, and Shri Partha Sarathi K Naidu as General Manager-Strategy, effective August 1, 2026. These appointments follow their prior roles as Deputy General Managers within the bank. On August 4, 2026, CRISIL Ratings Limited upgraded the bank's credit ratings. Corporate Credit and Securities were upgraded from AA/Stable to AA+, Tier II Bonds under Basel III from AA/Stable to AA+, and proposed Tier I Bonds under Basel III (₹1000 Crore) from AA- to AA. Proposed Certificates of Deposit (₹10000 Crore) were reaffirmed at A1+.

The 19th Annual General Meeting, held on July 31, 2026, saw shareholders approve audited financial statements for the year ended March 31, 2026, and confirm interim dividends of ₹1.20 per equity share for FY 2025-26. Additionally, shareholders approved a special resolution to raise equity capital up to ₹7000 crore.

- Potential bank strikes are scheduled for September 11, September 28–30, and continuously from October 26, 2026, with management implementing measures to ensure operations.
- Mr. Jai Shankar Prasad was appointed General Manager effective September 4, 2026.
- Shri Partha Sarathi K Naidu was appointed General Manager-Strategy effective August 1, 2026.
- CRISIL Ratings upgraded Central Bank of India's Corporate Credit and Securities to AA+, Tier II Bonds to AA+, and proposed Tier I Bonds to AA, as of August 4, 2026.
- Shareholders approved interim dividends of ₹1.20 per equity share for FY 2025-26 at the July 31, 2026, Annual General Meeting.
- A special resolution was passed to raise equity capital up to ₹7000 crore.

- Central Bank of India has informed the Exchange about General Updates regarding Notice of Bank strike |SUBJECT: General Updates
- Central Bank of India has informed the Exchange regarding Appointment of Mr Jai Shankar Prasad as General Manager of the company w.e.f. September 04, 2026. |SUBJECT: Appointment
- Central Bank of India has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Central Bank of India has informed the Exchange about Analyst/Investor Meet held on 27th August, 2026. |SUBJECT: General Updates

### Fundamentals

Central Bank of India's recent operating performance shows a mixed trend across key income and expense lines. Interest Earned has seen a steady increase, rising from ₹9,069.98 crore in Q3 FY2025-26 to ₹9,725.90 crore in Q1 FY2026-27. This growth in interest income is partially offset by a decline in Other Income, which fell from ₹1,936.96 crore in Q3 FY2025-26 to ₹988.49 crore in Q1 FY2026-27. On the expense side, Interest Expended has also increased sequentially, from ₹5,551.74 crore in Q3 FY2025-26 to ₹5,793.95 crore in Q1 FY2026-27. Employee costs have shown a downward trend, decreasing from ₹2,060.04 crore in Q3 FY2025-26 to ₹1,763.64 crore in Q1 FY2026-27. Other Operating Expenses fluctuated, decreasing from ₹1,263.78 crore in Q4 FY2025-26 to ₹960.55 crore in Q1 FY2026-27, after an increase from ₹1,098.25 crore in Q3 FY2025-26. The bank's revenue from investments has remained relatively stable, hovering around ₹2,600-2,700 crore across the reported periods.

- Interest Earned increased from ₹9,069.98 crore in Q3 FY2025-26 to ₹9,725.90 crore in Q1 FY2026-27.
- Other Income decreased from ₹1,936.96 crore in Q3 FY2025-26 to ₹988.49 crore in Q1 FY2026-27.
- Interest Expended rose from ₹5,551.74 crore in Q3 FY2025-26 to ₹5,793.95 crore in Q1 FY2026-27.
- Employees Cost decreased from ₹2,060.04 crore in Q3 FY2025-26 to ₹1,763.64 crore in Q1 FY2026-27.
- Revenue On Investments remained between ₹2,601.40 crore and ₹2,683.02 crore from Q3 FY2025-26 to Q1 FY2026-27.

### Bull Case

The company's stock is currently trading at ₹31.73 as of September 18, 2026. Technical indicators show a bullish SuperTrend direction on a daily timeframe, with the price above the 20-day and 50-day Exponential Moving Averages (EMA). However, the weekly trend indicates a bearish SuperTrend direction, with the price below both the 20-day and 50-day EMAs.

- Daily SuperTrend indicator is bullish.
- The closing price of ₹31.73 is above the 20-day EMA of ₹30.84 and the 50-day EMA of ₹31.23.
- Weekly SuperTrend indicator is bearish.
- The closing price of ₹31.73 is below the weekly 20-day EMA of ₹32.14 and the weekly 50-day EMA of ₹34.65.

- SBI, PNB to Bank of Maharashtra: Why are PSU bank stocks rising today?
- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- Rs 12.84 crore moved in 317 transactions: Five held in Hero FinCorp cyber fraud
- Cyber fraud syndicate busted in ₹12.84 crore Hero FinCorp case, five arrested
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?

### Bear Case

The company's stock has experienced a notable decline over the past year, with a return of -16% as of the latest available data. This downward trend is also reflected in longer-term performance, showing a return of -41% since its inception. Technical indicators suggest a bearish trend on a weekly timeframe, with the Supertrend indicator pointing downwards and moving averages showing negative slopes. The stock is currently trading below its 50-day and 200-day simple moving averages, indicating potential weakness. Furthermore, the company has experienced significant drawdowns, with a current drawdown of -43% and a maximum drawdown of -46%, suggesting substantial price volatility and potential for significant capital loss.

- The stock has returned -16% over the past year and -41% since inception.
- Weekly technical indicators show a bearish trend, with the Supertrend pointing down.
- The current drawdown stands at -43%, with a maximum drawdown of -46%.

- SBI, PNB to Bank of Maharashtra: Why are PSU bank stocks rising today?
- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- Rs 12.84 crore moved in 317 transactions: Five held in Hero FinCorp cyber fraud
- Cyber fraud syndicate busted in ₹12.84 crore Hero FinCorp case, five arrested
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?

### FAQs

**What is the recent operational impact of potential bank strikes on Central Bank of India?**

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.

**What has been the recent stock performance of Central Bank of India over different periods?**

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%.

**What are the nearest support and resistance levels for Central Bank of India's stock?**

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).

**What recent news has impacted public sector bank stocks, including Central Bank of India?**

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.

- SBI, PNB to Bank of Maharashtra: Why are PSU bank stocks rising today?
- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- Rs 12.84 crore moved in 317 transactions: Five held in Hero FinCorp cyber fraud
- Cyber fraud syndicate busted in ₹12.84 crore Hero FinCorp case, five arrested
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?
- Central Bank of India has informed the Exchange about General Updates regarding Notice of Bank strike |SUBJECT: General Updates
- Central Bank of India has informed the Exchange regarding Appointment of Mr Jai Shankar Prasad as General Manager of the company w.e.f. September 04, 2026. |SUBJECT: Appointment
- Central Bank of India has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Central Bank of India has informed the Exchange about Analyst/Investor Meet held on 27th August, 2026. |SUBJECT: General Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹30.39
- Risk regime: Higher Price Risk

### Support levels
- 31.64875
- 31.1521875
- 30.52

### Resistance levels
- 37.065
- 38.595390625
- 39.69

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +4.37% |
| return_10 | +3.12% |
| return_1m | +2.29% |
| return_1y | -15.77% |
| return_20 | +2.12% |
| return_3m | -4.14% |
| return_5 | +2.95% |
| return_6m | -9.81% |
| return_since_start | -41.07% |
| return_ytd | -15.61% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -46.48% |
| annualized_volatility | +34.19% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Net profit rises sharply sequentially on lower provisions and tax, but operating profit declines year-on-year as other income falls

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.

## Revenue: Interest income growth offsets sharp decline in other income

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.

## Expenses: Interest costs rise, operating costs fall

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%.

## Operating profit: Sequential improvement, year-on-year decline

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 tax: Lower charges boost net profit

Provisions and contingencies (the difference between operating profit and profit before tax) amounted to ₹405.03 crore, down from ₹505.01 crore

### Ratios

## Official filings

- 2026-09-09 — Generic Announcement: Central Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_09092026175816_Strikenotice_nse_09092026.pdf)
- 2026-09-04 — Management Change: Central Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_04092026134235_Final_SE_Appointment_GM.pdf)
- 2026-09-04 — Generic Announcement: Central Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2642_WebXMLFile_20260904_133958484.xml)
- 2026-08-31 — Generic Announcement: Central Bank of India — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/CENTRALBK_31082026152136_Final_SE_Intimation_Interest.pdf)
- 2026-08-27 — Generic Announcement: Central Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_27082026172010_Final_SE_Outcome_270826.pdf)
- 2026-08-04 — Official Filing: 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+.
- 2026-08-04 — Credit Rating Update: 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+. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_04082026160216_Final_Rating_Rationals_merged.pdf)
- 2026-08-01 — Generic Announcement: 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. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_01082026163928_Final_SE_Outcome_AGM.pdf)
- 2026-08-01 — Management Change: Central Bank of India announced the promotion of Shri Partha Sarathi K Naidu to General Manager-Strategy, effective August 1, 2026. Naidu, who joined the bank in 1991 and has 34 years of experience, previously served as Deputy General Manager of the Strategy Department. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_01082026193153_SE_Appointment_GM.pdf)
- 2026-08-01 — Official Filing: Central Bank of India reported the appointment of Partha Sarathi K Naidu as General Manager, effective August 1, 2026. Mr. Naidu, who joined the bank in 1991 and has 34 years of experience, previously served as Deputy General Manager of the Strategy Department.
- 2026-08-01 — Official Filing: Central Bank of India has fixed August 17, 2026, as the record date for the payment of annual interest on its Basel III Compliant Tier II Bond Series VI (ISIN: INE483A08049). The interest payment, due on August 30, 2025, will be disbursed on August 31, 2026.
- 2026-08-01 — Official Filing: Central Bank of India appointed Rajesh Ranjan as a Shareholder Director on August 1, 2026. His term of appointment is 36 months. Rajesh Ranjan is a retired IPS officer with 36 years of experience in law, HR, fraud risk management, and corporate governance.
- 2026-08-01 — Management Change: Shri Rajesh Ranjan assumed office as Shareholder Director of Central Bank of India on August 1, 2026, for a three-year term ending July 31, 2029. This appointment is made under Section 9(3)(i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. Shri Ranjan is a retired IPS officer with 36 years of experience in various fields including law, human resources, and corporate governance. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_01082026162625_Final_SE_Appointment_of__Director.pdf)
- 2026-07-31 — Generic Announcement: Shri Shishram Tundwal, General Manager – Government Business, Delhi Zone of Central Bank of India, ceased to be a Senior Management Personnel upon his superannuation effective July 31, 2026. This change in management is reported in compliance with SEBI (LODR) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_31072026183521_Final_SE_GM_Shirshram_Tundwal.pdf)
- 2026-07-31 — Generic Announcement: The 19th Annual General Meeting of Central Bank of India was held on July 31, 2026, where shareholders approved the adoption of audited financial statements for the year ended March 31, 2026, and confirmed interim dividends totaling ₹1.20 per equity share for FY 2025-26. The meeting also approved appointments including Shri Kalyan Kumar as MD & CEO, and considered raising equity capital up to ₹7000 crore. Shri Rajesh Ranjan was elected as Shareholder Director for a three-year term starting August 1, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_31072026202046_Final_Final_SE_Outcome_AGM_2025-26.pdf)
- 2026-07-31 — Official Filing: Central Bank of India reported the cessation of Shishram Tundwal, General Manager, due to superannuation or retirement. The change in senior management personnel was effective on July 31, 2026.
- 2026-07-28 — Generic Announcement: Central Bank of India's management participated in a virtual one-on-one Analyst/Investor Meet on July 28, 2026, with AUM Capital. Only publicly available information was discussed during the meeting. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_28072026174356_Final_SE_Outcome28072026.pdf)
- 2026-07-23 — Generic Announcement: Central Bank of India hosted an earnings call on July 17, 2026, to discuss financial results for Q1 FY27. The bank reported an 18.29% growth in total global business to ₹833,320 crores, with deposits increasing by 11.68% to ₹478,972 crores and gross global advances growing by 28.58% to ₹3,54,348 crores. Net profit for the quarter rose by 13.26% to ₹1,324 crores, and net interest margin was reported at 3.06%. The bank also highlighted improvements in asset quality, with gross NPA at 2.60% and net NPA at 0.49%. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_23072026152024_Final_SE_Transcript.pdf)
- 2026-07-21 — Generic Announcement: Central Bank of India has published a notice regarding the election of one Shareholder Director. The outcome of this election was published in the Business Standard (English and Hindi) and Navarashtra (Marathi) newspapers on July 20 and July 21, 2026, respectively. This action is in compliance with Regulation 47 of SEBI (LODR) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_21072026120621_SE_FNewsPaper_2025-26.pdf)
- 2026-07-21 — Official Filing: Central Bank of India submitted its Compliance Report on Corporate Governance for the quarter ended June 30, 2026, on July 21, 2026. The report indicates that the composition of the Board of Directors is not in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as the bank awaits the appointment of directors against existing vacancies by the Government of India. All committee compositions and meetings adhere to the regulations.
- 2026-07-21 — Generic Announcement: Central Bank of India's management participated in a virtual one-on-one Analyst/Investor Meet on July 21, 2026, with Ventura Securities. Only information available in the public domain was discussed during the meeting. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_21072026175436_se_soutcome21072026.pdf)
- 2026-07-18 — Generic Announcement: Central Bank of India published its unaudited standalone and consolidated financial results for the first quarter and three months ended June 30, 2026, on July 18, 2026. These results were advertised in the Business Standard (English and Hindi), Financial Express, Jansatta, and Loksatta newspapers. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_18072026122851_Final_NewsPapers_merged.pdf)
- 2026-07-17 — Generic Announcement: Central Bank of India has uploaded an audio recording of its conference/earnings call held on July 17, 2026, with analysts and institutional investors. The call discussed the bank's unaudited financial results for the first quarter and three months ended June 30, 2026. The recording is available on the bank's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_17072026190337_se_conferencecall_recodring_link.pdf)
- 2026-07-17 — Generic Announcement: The Board of Directors of Central Bank of India met on July 17, 2026, and approved the unaudited financial results for the first quarter ended June 30, 2026. The board also approved the limited review report from the auditors and declared an unmodified audit opinion. Additionally, statements regarding deviations, variations, and a security cover certificate as of June 30, 2026, were considered. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_17072026131402_Final_SE_Outcome.pdf)
- 2026-07-17 — Generic Announcement: The Central Bank of India's Board of Directors has declared Shri Rajesh Ranjan as 'Fit and Proper' for the election of one Shareholder Director. As Shri Ranjan is the sole valid candidate, he is deemed elected and will serve from August 1, 2026, to July 31, 2029. Consequently, the election agenda item for the Annual General Meeting on July 31, 2026, will not proceed. — [Official attachment](https://nsearchives.nseindia.com/corporate/CENTRALBK_17072026154454_Final_SE_Election_of_Director_Fit_Proper.pdf)

## News and market events

- 2026-09-18 — Mint: **SBI, PNB to Bank of Maharashtra: Why are PSU bank stocks rising today?** — 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. — [Source](https://www.livemint.com/market/stock-market-news/psu-bank-merger-sbi-pnb-to-bank-of-maharashtra-why-are-psu-bank-stocks-rising-today-11789704328894.html)
- 2026-09-17 — BUSINESSTODAY: **'Fake': Centre debunks viral gazette on merger of 9 public sector banks** — 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 — [Source](https://www.businesstoday.in/india/story/fake-centre-debunks-viral-gazette-on-merger-of-9-public-sector-banks-556026-2026-09-17)
- 2026-09-17 — MONEYCONTROL: **Rs 12.84 crore moved in 317 transactions: Five held in Hero FinCorp cyber fraud** — 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 — [Source](https://www.moneycontrol.com/news/business/rs-12-84-crore-moved-in-317-transactions-five-held-in-hero-fincorp-cyber-fraud-14031690.html)
- 2026-09-17 — The Hindu: **Cyber fraud syndicate busted in ₹12.84 crore Hero FinCorp case, five arrested** — Delhi Police arrest five in a ₹12.84 crore cyber fraud case involving Hero FinCorp and links to international Telegram groups. — [Source](https://www.thehindu.com/news/cities/delhi/cyber-fraud-syndicate-busted-in-1284-crore-hero-fincorp-case-five-arrested/article71474095.ece)
- 2026-09-16 — MONEYCONTROL: **SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?** — Bank merger, PSBs merger, Public Sector Bank merger, PIB Fact Check fake bank merger — [Source](https://www.moneycontrol.com/news/india/sbi-pnb-bank-of-baroda-did-centre-order-merger-of-9-public-sector-banks-14031414.html)
- 2026-09-15 — Mint: **HDFC Bank share price jumps over 6% in 3 days | Experts see 15% more upside, check target price** — 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 — [Source](https://www.livemint.com/market/stock-market-news/hdfc-bank-share-price-jumps-over-6-in-3-days-experts-see-15-more-upside-check-target-price-11789444548891.html)
- 2026-09-12 — FREEPRESSJOURNAL.IN: **NCLT Approves ₹7.42 Crore Resolution Plan For Central Departmental Stores Despite ₹560 Crore Claims By Central Bank Of India** — 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. — [Source](https://www.freepressjournal.in/mumbai/nclt-approves-742-crore-resolution-plan-for-central-departmental-stores-despite-560-crore-claims-by-central-bank-of-india)
- 2026-09-12 — The Hindu: **Central Bank of India launches Bharat Connect for Business** — Central Bank of India launches Bharat Connect for Business, enhancing B2B payments with an integrated digital platform for businesses. — [Source](https://www.thehindu.com/business/central-bank-of-india-launches-bharat-connect-for-business/article71459132.ece)
- 2026-09-11 — BUSINESS: **Market under pressure; PSU bank shares decline** — PSU Bank shares declined after advancing in the past trading session. — [Source](https://www.business-standard.com/markets/capital-market-news/market-under-pressure-psu-bank-shares-decline-126091100527_1.html)
- 2026-09-11 — MONEYCONTROL: **Senior citizens can earn up to 8.5% on FDs: Check the banks offering the highest rates** — Senior citizen fixed deposit interest rates, best FD rates for senior citizens, highest fixed deposit interest rates, small finance bank FD rates, private sector bank FD rates, public sector bank FD rates, foreign bank FD rates, 8.5 percent FD interest rate, fixed deposit investment for retirees, DICGC insurance cover 5 lakh — [Source](https://www.moneycontrol.com/news/business/personal-finance/senior-citizens-can-earn-up-to-8-5-on-fds-check-the-banks-offering-the-highest-rates-14027751.html)
- 2026-09-11 — Times of India: **ED raids Ramnandi Hotels in alleged Rs 132-crore bank fraud case; 9 locations searched** — India News: NEW DELHI: The Enforcement Directorate (ED) on Friday conducted searches at nine locations in Bihar, Haryana and Delhi in connection with an alleged b. — [Source](https://timesofindia.indiatimes.com/india/ed-raids-ramnandi-hotels-in-alleged-rs-132-crore-bank-fraud-case-9-locations-searched/articleshow/134044665.cms)
- 2026-09-06 — REDIFF.COM: **Surplus Liquidity from FCNR(B) Inflows to Cut Bank Funding Costs by 50 Bps** — Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs). — [Source](https://www.rediff.com/business/report/fcnrb-inflows-indian-banks-anticipate-50-bps-funding-cost-reduction--liquidity-surge/20260906.htm)
- 2026-09-05 — Economic Times: **Highest senior citizen FD interest rates up to 8.50 in 2026: Top 5 fixed deposit rates from PSU, private and small finance banks - The Economic Times** — Highest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESAF, and Suryoday Small Finance Banks provide 8.50% interest. Public sector banks like Bank of India offer competitive rates on specific tenures. — [Source](https://economictimes.indiatimes.com/wealth/invest/highest-senior-citizen-fd-interest-rates-up-to-8-50-in-2026-top-5-fixed-deposit-rates-from-psu-private-and-small-finance-banks/articleshow/133798040.cms)
- 2026-09-03 — BUSINESS: **Indices trade in positive terrain; PSU Bank shares jump** — PSU Bank shares witnessed buying demand for second consecutive trading sessions. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-in-positive-terrain-psu-bank-shares-jump-126090300399_1.html)
- 2026-09-03 — Mint: **FCNR(B) inflows flood banks, send CD rates tumbling | Mint** — Three-month CD rates have fallen to around 6.30% at the end of August from about 7.30% at the end of March, marking a decline of roughly 100 basis points. — [Source](https://www.livemint.com/industry/banking/rbi-fcnrb-dollar-deposits-nri-inflows-bank-cd-rates-india-liquidity-11788350060423.html)
- 2026-09-02 — FREEPRESSJOURNAL.IN: **Mumbai: NCLT Admits Central Bank’s Insolvency Plea Against Rama Agro Foods Over ₹27.29-Crore Default** — The Mumbai NCLT bench has admitted Central Bank of India’s insolvency plea against Pune-based Rama Agro Foods over a claimed Rs 27.29-crore default linked to a corporate guarantee for Shri Gajanan Maharaj Sugar Ltd. The tribunal found the guarantee validly invoked and appointed Shekhar Arvind Parkhi as Interim Resolution Professional. — [Source](https://www.freepressjournal.in/mumbai/mumbai-nclt-admits-central-banks-insolvency-plea-against-rama-agro-foods-over-2729-crore-default)
- 2026-09-01 — MONEYCONTROL: **Banks' CD issuances drop to 4-month low in August amid FCNR (B) mobilisation, surplus liquidity** — bank CD issuances, certificates of deposit, CD issuances August 2026, bank fundraising, FCNR(B) deposits, FCNR(B) scheme, RBI FCNR(B) scheme, surplus liquidity banking system, bank liquidity, certificates of deposit India, CD yields, money market, bank deposits, bulk deposits, VRRR auctions, variable rate reverse repo, RBI liquidity, banking system liquidity, Prime Database, bank funding, short-term debt instruments, September CD maturities, RBI liquidity tightening — [Source](https://www.moneycontrol.com/news/business/banks/banks-cd-issuances-drop-to-4-month-low-in-august-amid-fcnr-b-mobilisation-surplus-liquidity-14020148.html)
- 2026-08-28 — The Hindu: **The Latest Fixed Deposit Interest Rates: Aug 28, 2026** — The Latest Fixed Deposit Interest Rates: Aug 28, 2026 — [Source](https://www.thehindubusinessline.com/money-and-banking/the-latest-fixed-deposit-interest-rates-aug-28-2026/article64808518.ece)
- 2026-08-26 — BUSINESS: **Indices trade with sideways; PSU bank shares in demand** — At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 65.22 points or 0.08% to 77,724.11. The Nifty 50 index fell 39.45 points or 0.16% to 24,296.25. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-with-sideways-psu-bank-shares-in-demand-126082600274_1.html)
- 2026-08-22 — BUSINESSTODAY: **₹20,000 to ₹1 lakh: How much can you earn from a 444-day FD in top PSU banks?** — ₹20,000 to ₹1 lakh: How much can you earn from a 444-day FD in top PSU banks? — [Source](https://www.businesstoday.in/personal-finance/story/rs20000-to-rs1-lakh-how-much-can-you-earn-from-a-444-day-fd-in-top-psu-banks-550772-2026-08-23)
- 2026-08-21 — MONEYCONTROL: **Goldman Sachs muscles into Indian banks’ turf with state share deals** — Goldman Sachs, India, India government, India government shares, Kotak Mahindra, NSE, BSE, Wall Street — [Source](https://www.moneycontrol.com/news/business/companies/goldman-sachs-muscles-into-indian-banks-turf-with-state-share-deals-14012333.html)
- 2026-08-21 — Economic Times: **444-day FD with highest interest rates: Which PSU bank provides highest maturity on Rs 5 lakh investment? Check here - The Economic Times** — Public sector banks are currently offering enticing interest rates on fixed deposits with special tenures. The standout option is the 444-day scheme provided by the Central Bank of India, boasting an impressive interest rate of 6.75%. — [Source](https://economictimes.indiatimes.com/wealth/invest/444-day-fd-with-highest-interest-rates-which-psu-bank-provides-highest-maturity-on-rs-5-lakh-investment-check-here/articleshow/133392759.cms)
- 2026-08-20 — Economic Times: **Home loan interest rates start at 7%: Check banks offering lowest interest rates on Rs 30 lakh–Rs 75 lakh loans - The Economic Times** — Home loan interest rates vary based on credit score and other borrower factors. A good credit score is essential for securing a low home loan interest rate. Borrowers should compare banks to find the best home loan interest rates. — [Source](https://economictimes.indiatimes.com/wealth/borrow/lowest-interest-rate-home-loans-indian-icici-hsbc-uco-federal-india-bank-rates-on-rs-30-75-lakh-borrowing/articleshow/133372025.cms)
- 2026-08-19 — Economic Times: **No takers: Public sector banks put ₹39,000 cr of bad loans up for sale again** — Public sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Overseas Bank and Indian Bank led these repeated offerings. Private sector banks showed a sharp contrast with few repeat sales. This highlights challenges in selling large legacy corporate accounts. — [Source](https://economictimes.indiatimes.com/industry/banking/finance/banking/no-takers-public-sector-banks-put-39000-cr-of-bad-loans-up-for-sale-again/articleshow/133358198.cms)
- 2026-08-18 — BUSINESS: **Sensex slides 326 pts; PSU bank shares decline** — At 12:30 IST, the barometer index, the S&P BSE Sensex, declined 325.69 points or 0.42% to 77,402.47. The Nifty 50 index lost 72.15 points or 0.30% to 24,216. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-slides-326-pts-psu-bank-shares-decline-126081800496_1.html)

## Business profile

**Strategic vision:** Offers banking services to retail, corporate, agriculture, and MSME sectors.

### Business segments
- **Retail Banking:** Provides various banking activities for retail clients.
- **Corporate Banking:** Offers a range of banking services for corporate clients.
- **Agriculture Banking:** Provides specialized banking services for the agriculture sector.
- **MSME Banking:** Offers specialized banking services for the MSME sector.
- **Trusteeship Services:** Through its subsidiary CFSL, offers debenture trusteeship, securities trusteeship, and executor trusteeship services.

### Competitive strengths
- 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.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/centralbk
Markdown representation: https://faxioms.com/stocks/centralbk?render=md