Central Bank of India

Banks - Public Sector

NSE: CENTRALBK Mid Cap ISIN: INE483A01010
As on 13 November 2024 at 00:00
As on 13 November 2024 at 00:00
52.02
-2.88
(-5.25%)
Over 1 Month
-3.82%
Over 6 Months
-7.26%
Over 1 Year
23.65%
Over 3 Years
151.26%
Summary
Close 52.02
Open 53
High 54.63
Low 51.80
Volume 45,50,933
Net Turnover 24,12,58,695.77
52 Week High 76.90
52 Week Low 43.60
52Wk High / Low
43.60
76.90
Key Financial Data
Market Cap (in ₹ Cr) 45,158.25
EPS 3.82
Book Value (BV) 33.54
Div. Yield -
P/E 13.63
Price/Book Value 1.55
Delivery % 29.99
Face Value 10
Key Ratios
P/E ratio 20.33
P/B ratio 1.85
EV to Sales 13.64
PEG Ratio 0.33
ROA 0.63
ROE 9.53
Debt-Equity 14.43
Net Profit Margin 7.19
Operating Profit Margin -

Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Central Bank of India ₹52.08 ₹45,210.33
HDFC Bank Ltd ₹1,681.25 ₹12,84,741.90
ICICI Bank Ltd ₹1,253.85 ₹8,84,610.82
State Bank of India ₹808.35 ₹7,21,421.66
Axis Bank Ltd ₹1,141.15 ₹3,53,081.78
Kotak Mahindra Bank Ltd ₹1,688.25 ₹3,35,651.81

News

Central Bank of India eases for fifth straight session

Central Bank of India is quoting at Rs 52.88, down 3.68% on the day as on 12:59 IST on the NSE. The stock jumped 23.9% in last one year as compared to a 20.25% rally in NIFTY and a 27.29% spurt in the Nifty PSU Bank index.

13 Nov 2024

Central Bank of India up for third straight session

Central Bank of India is quoting at Rs 55.5, up 3.08% on the day as on 12:49 IST on the NSE. The stock is up 28.47% in last one year as compared to a 28.12% jump in NIFTY and a 37.6% jump in the Nifty PSU Bank index.

30 Oct 2024

Central Bank of India gains after Q2 PAT rises nearly 51% YoY to Rs 913 crore

Central Bank of India gained 2.28% to Rs 58.70 after the bank reported 50.91% jump in net profit to Rs 913 crore on a 17.08% increase in total income to Rs 9,849 crore in Q2 FY25 as compared with Q2 FY24.

17 Oct 2024

Central Bank of India announces board meeting date

On 17 October 2024

08 Oct 2024

Central Bank of India soars 0.87%, up for fifth straight session

Central Bank of India is quoting at Rs 61.23, up 0.87% on the day as on 12:44 IST on the NSE. The stock is up 71.27% in last one year as compared to a 27.67% spurt in NIFTY and a 52.68% spurt in the Nifty PSU Bank.

22 Aug 2024

Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue 35,433.52 29,625.60 25,770.13 25,845.91 27,199.29
Total Expenses 31,380.13 26,980.26 24,053.17 27,169.52 28,108.78
Profit Before Tax 4,053.39 2,645.34 1,716.96 -1,323.61 -909.49
Profit After Tax 2,549.06 1,582.20 1,044.83 -887.58 -1,121.35
Operating Profit after Depreciation 4,053.39 2,645.34 1,716.96 -1,323.61 -909.49

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets 5,335.74 4,776.28 4,955.04 5,132.42 4,336.18
TOTAL ASSETS 4,46,672.68 4,06,165.48 3,86,422.50 3,69,214.99 3,56,435.86
Total Shareholder's Fund 32,147.96 29,108.91 27,526.71 26,505.09 21,429.47

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities -5,916.22 -8,794.18 14,268.32 -1,986.89 1,770.64
Net Cash used in Investing Activities -575.93 -200.50 -125.29 -193.92 -296.69
Net Cash used in Financing Activities - - - 5,055 3,403.22

Corporate Actions

No available data

About Central Bank of India

The Central Bank of India is a major public sector banking institution in India. It was established in 1911 and boasts a rich legacy spanning decades. Headquartered in Mumbai, the bank has evolved into a comprehensive financial services provider. It serves diverse customer segments, including individuals and government bodies. 

As a public sector bank, it operates under the significant ownership of the Government of India. The President of India serves as its primary promoter, holding 93.08% of the total equity. This government backing contributes to the bank’s stability. It also enhances public trust in its operations. The Central Bank of India may not be India’s largest bank, but it does maintain a substantial presence in the nation's banking market. 
Many managerial promoters have contributed to the success of the bank. They are 
● Vivek Wahi
● Pradip Pranlal Khimani
● Dinesh Pangtey
● Charulatha S Kar
● Mahendra Dohare
 
Operating from its registered office at Chander Mukhi, Nariman Point, Mumbai, the bank has developed an extensive network of branches and ATMs throughout India. Meanwhile, its registrar’s office is at Vikhroli. This widespread presence enables it to effectively serve its customer base across the country. The bank’s service portfolio encompasses a comprehensive range of financial products and services. This includes 
● Traditional banking services (savings and current accounts)
● Term deposit facilities
● Various lending products (home, personal, and business loans)
● Credit card services
● Investment options (mutual funds and insurance products)
The Central Bank of India has established itself as a reliable banking partner for millions of customers. The bank’s public sector status and its extensive service offerings position it as a major contributor to India’s banking infrastructure.

Central Bank of India’s Role in Public Sector Banking

The Central Bank of India plays a crucial role in India’s public sector banking landscape. Established in 1911, it is one of the country’s oldest and most respected banks. The bank’s primary aim is to provide financial services to all segments of society, including individuals and businesses. This mission aligns with the broader goals of public sector banks in India. 

One of the key roles of the Central Bank of India is to offer a wide range of banking products and services. These include savings and current accounts, fixed deposits, loans and investment products. The bank helps individuals manage their finances by providing these services. 

The Central Bank of India also plays a significant role in implementing government policies and schemes. For example, the bank participates in various government initiatives aimed at promoting financial inclusion, such as the Pradhan Mantri Jan Dhan Yojana (PMJDY). Under this scheme, the bank helps open zero-balance savings accounts for the unbanked population. This initiative has been instrumental in bringing millions of people into the formal banking system. 

Another important aspect of the Central Bank of India’s role is its focus on rural banking. The bank has a vast network of branches and ATMs across the country, including in remote and rural areas. This reach allows the bank to serve the financial needs of rural communities, which are often underserved by private-sector banks. As a result, the Central Bank of India helps promote economic development and improve the quality of life for rural residents. 

The bank also supports small and medium-sized enterprises (SMEs), which are a vital part of the Indian economy. Through various loan schemes and financial products, the Central Bank of India helps SMEs access the capital they need to grow and succeed. This support is crucial for job creation and economic growth, as SMEs are significant employers and contributors to the country’s GDP. 

The Central Bank of India is also known for its stability and trustworthiness. As a public sector bank, it is backed by the Government of India, which provides a sense of security to its customers. This trust is further reinforced by the bank’s long history and reputation for reliability. 
In addition to its core banking functions, the Central Bank of India is involved in various social initiatives. The bank undertakes corporate social responsibility (CSR) activities. These activities are aimed at improving education, healthcare, and environmental sustainability. As a result, these initiatives reflect the bank’s commitment to the well-being of society. 

Despite facing challenges such as competition from private sector banks and the need to adapt to technological advancements, the Central Bank of India continues to play a vital role in the country’s banking sector. The bank is evolving to meet the changing needs of its customers and to stay relevant in a rapidly changing financial landscape. 

Overall, the Central Bank of India is a cornerstone of the public sector banking system in India. It provides a wide range of banking products and services along with a commitment to financial inclusion. This makes the bank an essential institution in the country's financial ecosystem. 

The bank’s role in implementing government policies and schemes further underscores its importance in promoting economic development. As the bank evolves and adapts to new challenges, it will be a key player in India’s banking sector for years to come.

FAQ’s

What is the share price of Central Bank of India today?
Central Bank of India share price as on 13 Nov 2024 is ₹52.02
What is the Market Cap of Central Bank of India?
The market cap of Central Bank of India stock is ₹45,158.25 Cr.
What is the PE Ratio of Central Bank of India?
The Price to Earnings (P/E) Ratio of Central Bank of India is 20.33
What is the PB Ratio of Central Bank of India?
The Price to Book (P/B) Ratio of Central Bank of India is 1.85
What is the 52 week high of Central Bank of India?
The 52 week high of Central Bank of India is ₹76.90
What is the 52 week low of Central Bank of India?
The 52 week low of Central Bank of India is ₹43.60

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