Central Bank of India Ltd

Central Bank of India announced that the 18th Annual General Meeting(AGM) of the bank will be held on 19 July 2025.Powered by Capital Market - Live

Central Bank of India fell for a fifth straight session today. The stock is quoting at Rs 37.7, down 1.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 24933.35. The Sensex is at 81777.75, up 0.81%.Central Bank of India has eased around 1.33% in last one month.Meanwhile, Nifty PSU Bank index of which Central Bank of India is a constituent, has increased around 3.07% in last one month and is currently quoting at 6934.85, down 0.05% on the day. The volume in the stock stood at 70.11 lakh shares today, compared to the daily average of 159.9 lakh shares in last one month.The PE of the stock is 9.12 based on TTM earnings ending March 25.Powered by Capital Market - Live

ICRA stated that the upgrade in the long-term ratings of Central Bank of India (CBI) factors in the sustained improvement in itssolvency1 profile, capital position and profitability levels, in line with ICRA's expectations. The bank's asset quality also improved with the reduction in the fresh non-performing advances (NPA) generation rate and the legacy stressed assets. Though the bank increased its provision coverage ratio (PCR) and undertook additional provisioning on the standard restructured book, credit costs declined, leading to higher profitability in FY2025. CBI's capital profile was further strengthened by the capital raise of Rs. 1,500 crore in FY2025. The ratings continue to factor in CBI's sovereign ownership, with the Government of India's (GoI) shareholding at 89.27%, as well as the demonstrated capital support over the years. Moreover, with the higher provision on legacy stressed assets, the overall net NPAs (NNPAs) remained on a downward trajectory. CBI's dependence on capital from the GoI in the near term remains limited, though the impact of the transition to provisioning based on the expected credit loss (ECL) framework will remain monitorable. Further, the ratings continue to consider CBI's well-established deposit franchise with a robust current account and savings account (CASA) base that also augments its strong liquidity profile, leading to a competitive cost of interest-bearing funds in relation to the public sector banks' (PSB) average. ICRA notes that CBI's profitability has been supported by healthy recoveries from its stressed assets (including written-off accounts). Its ability to maintain the same, while keeping the fresh NPA generation rate in check, would be key for profitability. Central Bank of India is a mid-sized public sector bank (PSB) and the eighth largest, in terms of assets, among PSBs. It had a market share of 1.5% in advances and 1.8% in deposits in the Indian banking sector as on 31 December 2024. For the year ended 31 March 2025, CBI reported a profit of Rs. 3,785 crore on a total asset base of Rs. 4.75 lakh crore compared to a net profit of Rs. 2,549 crore on a total asset base of Rs. 4.42 lakh crore for the year ended 31 March 2024. The scrip shed 0.40% to currently trade at Rs 40.19 on the BSE. Powered by Capital Market - Live

 Central Bank of India has acquired equity stake of 25.18% shares of Future Generali India Life Insurance Company (FGILICL) pursuant to receipt of Letter of Intent dated 20th August, 2024 under Regulation 29 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.Powered by Capital Market - Live

Profit before tax (PBT) declined 14.58% YoY to Rs 1,158.47 crore in Q4 FY25. Operating profit fell 2.93% to Rs 2,002.96 crore in Q4 FY25 from Rs 2,063.35 crore in Q4 FY24. Provisions and other contingencies stood at Rs 844.49 crore in Q4 FY25, compared to Rs 707.09 crore in Q4 FY24. Net interest income (NII) stood at Rs 3,399 crore as of 31st March 2025, compared with Rs 3,541 crore as of 31st March 2024. Net interest margin reduced by 41 bps to 3.17 in Q4 FY25, compared with 3.58 in Q4 FY24. Total business stood at Rs 7,02,798 crore as of 31 March 2025, up 10.37% from Rs 6,36,756 crore as of 31 March 2024. Total deposits increased 7.19% to Rs 412,697 crore as of 31 March 2025, compared to Rs 385,011 crore a year earlier. CASA deposits rose 4.79% to Rs 2,01,173 crore as of 31 March 2025 from Rs 1,91,969 crore as of 31 March 2024. Gross advances stood at Rs 2,90,101 crore in Q4 FY25, reflecting a 15.24% YoY increase. The Provision Coverage Ratio (PCR) stood at 96.54% as of 31 March 2025. The bank's gross non-performing assets (NPA) as of 31 March 2025 stood at Rs 9,225 crore, compared to Rs 11,340 crore as of 31 March 2023 and Rs 10,460 crore as of 31 December 2024. The gross NPA ratio improved to 3.18% as of 31 March 2025, down from 4.50% as of 31 March 2024. The net NPA ratio declined to 0.55% as of 31 March 2025, compared to 1.23% as of 31 March 2024 and 0.59% as of 31 December 2024. Central Bank of India is engaged in providing banking and financial services with a wide range of products and services to individuals, commercial enterprises, large corporations, public bodies, and institutional customers.Powered by Capital Market - Live

Net profit of Central Bank of India rose 35.32% to Rs 1104.58 crore in the quarter ended March 2025 as against Rs 816.29 crore during the previous quarter ended March 2024. Total Operating Income rose 3.37% to Rs 8653.26 crore in the quarter ended March 2025 as against Rs 8371.23 crore during the previous quarter ended March 2024. For the full year,net profit rose 47.48% to Rs 3934.21 crore in the year ended March 2025 as against Rs 2667.68 crore during the previous year ended March 2024. Total Operating Income rose 9.56% to Rs 33797.44 crore in the year ended March 2025 as against Rs 30848.92 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income8653.268371.23 3 33797.4430848.92 10 OPM %53.0057.46 -56.0355.95 - PBDT1170.581362.51 -14 4978.074089.82 22 PBT1170.581362.51 -14 4978.074089.82 22 NP1104.58816.29 35 3934.212667.68 47 Powered by Capital Market - Live

Central Bank of India announced that the Board of Directors of the Company at its meeting held on 28 April 2025, has recommended a Final dividend of Rs.0.1875 per share (i.e.1.875%), subject to the approval of the shareholders.Powered by Capital Market - Live

Central Bank of India will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

The Board of Central Bank of India will meet on 28 April 2025 to consider and approve capital raising plan of the Bank for FY 2025-26 through Follow-on Public offer (FPO)/Rights issue/ Qualified Institutional Placement (QIP) / Preferential issue or any other mode or combination thereof and /or through issue of BASEL III compliant AT1/Tier II Bonds or such other securities as may be permitted under the applicable laws subject to necessary regulatory approvals.Powered by Capital Market - Live

The bank also reported a 7.18% growth in total deposits, reaching Rs 4,12,665 crore as of 31 March 2025, up from Rs 3,85,011 crore as of 31 March 2024. Total business stood at Rs 7,05,196 crore as of 31 March 2025, reflecting a 10.75% YoY growth, increasing from Rs 6.37 lakh crore. Gross advances as of 31 March 2025 were Rs 2,92,531 crore, up 16.2% YoY. The bank's current account and savings account (CASA) ratio declined to 48.91% from 50.02% YoY. The CD ratio increased 554 bps to 71.13% as of 31 March 2025, compared to 65.59% as of 31 March 2024. Central Bank of India is engaged in providing banking and financial services, offering a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank's standalone net profit jumped 33.58% to Rs 958.93 crore in Q3 FY25 as compared with Rs 717.86 crore in Q3 FY24. Total income increased 6.56% to Rs 9,738.64 crore in Q3 FY25 as compared with Rs 9,138.93 crore Shares of Central Bank of India shed 0.14% to Rs 36.83 on the BSE.Powered by Capital Market - Live