CentralBank of India
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BENGALURU, July 17 (Reuters) - Diary of India economic, corporate events on July 17
ECONOMIC, CORPORATE .BSE500 EVENTS:
RIC | Local Start Date | Local Time | Indicator Name | Period | Reuters Poll | Prior |
INFXR=ECI | 17 Jul 2026 | 17:00 | FX Reserves, USD | 10 Jul, w/e | 674.19B |
Start Date | Start Time | RIC | Company Name | Event Name |
17-Jul-2026 | NTS | CBI.NS | Central Bank of India Ltd | Q1 2027 Central Bank of India Ltd Earnings Release |
17-Jul-2026 | NTS | FED.NS | Federal Bank Ltd | Q1 2027 Federal Bank Ltd Earnings Release |
17-Jul-2026 | NTS | HVEL.NS | Havells India Ltd | Q1 2027 Havells India Ltd Earnings Release |
17-Jul-2026 | NTS | JSTL.NS | JSW Steel Ltd | Q1 2027 JSW Steel Ltd Earnings Release |
17-Jul-2026 | NTS | OEBO.NS | Oberoi Realty Ltd | Q1 2027 Oberoi Realty Ltd Earnings Release |
17-Jul-2026 | NTS | POON.NS | Poonawalla Fincorp Ltd | Q1 2027 Poonawalla Fincorp Ltd Earnings Release |
17-Jul-2026 | NTS | RATB.NS | RBL Bank Ltd | Q1 2027 RBL Bank Ltd Earnings Release |
17-Jul-2026 | NTS | RELI.NS | Reliance Industries Ltd | Q1 2027 Reliance Industries Ltd Earnings Release |
17-Jul-2026 | NTS | TATE.NS | Tata Technologies Ltd | Q1 2027 Tata Technologies Ltd Earnings Release |
17-Jul-2026 | 15:30 | TEML.NS | Tech Mahindra Ltd | Tech Mahindra Ltd Annual Shareholders Meeting |
17-Jul-2026 | 16:00 | WGSR.NS | Welspun Corp Ltd | Welspun Corp Ltd Annual Shareholders Meeting |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
BENGALURU, July 17 (Reuters) - Diary of India economic, corporate events on July 17
ECONOMIC, CORPORATE .BSE500 EVENTS:
RIC | Local Start Date | Local Time | Indicator Name | Period | Reuters Poll | Prior |
INFXR=ECI | 17 Jul 2026 | 17:00 | FX Reserves, USD | 10 Jul, w/e | 674.19B |
Start Date | Start Time | RIC | Company Name | Event Name |
17-Jul-2026 | NTS | CBI.NS | Central Bank of India Ltd | Q1 2027 Central Bank of India Ltd Earnings Release |
17-Jul-2026 | NTS | FED.NS | Federal Bank Ltd | Q1 2027 Federal Bank Ltd Earnings Release |
17-Jul-2026 | NTS | HVEL.NS | Havells India Ltd | Q1 2027 Havells India Ltd Earnings Release |
17-Jul-2026 | NTS | JSTL.NS | JSW Steel Ltd | Q1 2027 JSW Steel Ltd Earnings Release |
17-Jul-2026 | NTS | OEBO.NS | Oberoi Realty Ltd | Q1 2027 Oberoi Realty Ltd Earnings Release |
17-Jul-2026 | NTS | POON.NS | Poonawalla Fincorp Ltd | Q1 2027 Poonawalla Fincorp Ltd Earnings Release |
17-Jul-2026 | NTS | RATB.NS | RBL Bank Ltd | Q1 2027 RBL Bank Ltd Earnings Release |
17-Jul-2026 | NTS | RELI.NS | Reliance Industries Ltd | Q1 2027 Reliance Industries Ltd Earnings Release |
17-Jul-2026 | NTS | TATE.NS | Tata Technologies Ltd | Q1 2027 Tata Technologies Ltd Earnings Release |
17-Jul-2026 | 15:30 | TEML.NS | Tech Mahindra Ltd | Tech Mahindra Ltd Annual Shareholders Meeting |
17-Jul-2026 | 16:00 | WGSR.NS | Welspun Corp Ltd | Welspun Corp Ltd Annual Shareholders Meeting |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
July 2 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD- TOTAL DEPOSITS AS OF JUNE 30 UP 11.66% Y/Y
CENTRAL BANK OF INDIA LTD- GLOBAL GROSS ADVANCES UP 28.77% Y/Y AS OF JUNE 30
Source text: ID:nBSE1wLk6N
Further company coverage: CBI.NS
(([email protected];))
July 2 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD- TOTAL DEPOSITS AS OF JUNE 30 UP 11.66% Y/Y
CENTRAL BANK OF INDIA LTD- GLOBAL GROSS ADVANCES UP 28.77% Y/Y AS OF JUNE 30
Source text: ID:nBSE1wLk6N
Further company coverage: CBI.NS
(([email protected];))
** Shares of India's Dynacons Systems and Solutions Ltd DSSL.NS rise about 5% to 1,304 rupees, set to end a 7-session losing streak
** If gains hold, the stock is set for its biggest percentage gain in more than two weeks
** The IT services and consulting company secured a project from Central Bank of India CBI.NS worth 1.26 billion rupees ($13.17 million) on Monday
** The project involves the expansion of private cloud capacity, building a container-based application platform, and deploying servers based on NVIDIA H200 Blackwell GPUs
** DSSL's project with the Central Bank of India will cover implementation and support for five years
** YTD, stock up 28.66%
($1 = 95.6425 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
** Shares of India's Dynacons Systems and Solutions Ltd DSSL.NS rise about 5% to 1,304 rupees, set to end a 7-session losing streak
** If gains hold, the stock is set for its biggest percentage gain in more than two weeks
** The IT services and consulting company secured a project from Central Bank of India CBI.NS worth 1.26 billion rupees ($13.17 million) on Monday
** The project involves the expansion of private cloud capacity, building a container-based application platform, and deploying servers based on NVIDIA H200 Blackwell GPUs
** DSSL's project with the Central Bank of India will cover implementation and support for five years
** YTD, stock up 28.66%
($1 = 95.6425 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
June 3 (Reuters) - Central Bank of India Ltd CBI.NS:
APPOINTS SHRI VIVEK KUMAR AS CHIEF FINANCIAL OFFICER EFFECTIVE JUNE 3, 2026
Source text: ID:nBSE4N6Hfy
Further company coverage: CBI.NS
(([email protected];))
June 3 (Reuters) - Central Bank of India Ltd CBI.NS:
APPOINTS SHRI VIVEK KUMAR AS CHIEF FINANCIAL OFFICER EFFECTIVE JUNE 3, 2026
Source text: ID:nBSE4N6Hfy
Further company coverage: CBI.NS
(([email protected];))
May 22 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - GOVERNMENT EXERCISES OVERSUBCRIPTION OPTION TO SELL ADDITIONAL 4% STAKE IN CO VIA OFS
Source text: ID:nBSE3vdl0K
Further company coverage: CBI.NS
(([email protected];))
May 22 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - GOVERNMENT EXERCISES OVERSUBCRIPTION OPTION TO SELL ADDITIONAL 4% STAKE IN CO VIA OFS
Source text: ID:nBSE3vdl0K
Further company coverage: CBI.NS
(([email protected];))
April 2 (Reuters) - Central Bank of India Ltd CBI.NS:
TOTAL DEPOSITS AS OF MARCH 31, 2026 UP 13.37% YOY
Q4 FY2025-26 GROSS ADVANCES AT 3.45 TRILLION RUPEES, UP 18.90% YOY
Source text: ID:nBSE9mrcB8
Further company coverage: CBI.NS
(([email protected];))
April 2 (Reuters) - Central Bank of India Ltd CBI.NS:
TOTAL DEPOSITS AS OF MARCH 31, 2026 UP 13.37% YOY
Q4 FY2025-26 GROSS ADVANCES AT 3.45 TRILLION RUPEES, UP 18.90% YOY
Source text: ID:nBSE9mrcB8
Further company coverage: CBI.NS
(([email protected];))
March 31 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - GOT TAX ORDER FOR DEMAND OF 2.96 BILLION RUPEES
CENTRAL BANK OF INDIA - BANK IS IN PROCESS OF CHALLENGING TAX ORDER
Source text: ID:nBSE1nYSZg
Further company coverage: CBI.NS
(([email protected];;))
March 31 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - GOT TAX ORDER FOR DEMAND OF 2.96 BILLION RUPEES
CENTRAL BANK OF INDIA - BANK IS IN PROCESS OF CHALLENGING TAX ORDER
Source text: ID:nBSE1nYSZg
Further company coverage: CBI.NS
(([email protected];;))
March 27 (Reuters) - Central Bank of India Ltd CBI.NS:
RBI - RBI IMPOSES MONETARY PENALTY ON CENTRAL BANK OF INDIA
RBI: IMPOSES 6.4 MILLION RUPEES MONETARY PENALTY ON CENTRAL BANK OF INDIA
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];))
March 27 (Reuters) - Central Bank of India Ltd CBI.NS:
RBI - RBI IMPOSES MONETARY PENALTY ON CENTRAL BANK OF INDIA
RBI: IMPOSES 6.4 MILLION RUPEES MONETARY PENALTY ON CENTRAL BANK OF INDIA
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];))
March 12 (Reuters) - Central Bank of India Ltd CBI.NS:
ENTERS CO-LENDING PARTNERSHIP WITH IIFL FINANCE
Source text: ID:nBSE9zNJrb
Further company coverage: CBI.NS
(([email protected];;))
March 12 (Reuters) - Central Bank of India Ltd CBI.NS:
ENTERS CO-LENDING PARTNERSHIP WITH IIFL FINANCE
Source text: ID:nBSE9zNJrb
Further company coverage: CBI.NS
(([email protected];;))
March 10 (Reuters) - Central Bank of India Ltd CBI.NS:
RENEWS CO-LENDING PARTNERSHIP WITH CAPRI GLOBAL CAPITAL
Source text: ID:nBSEbSh9Qd
Further company coverage: CBI.NS
(([email protected];;))
March 10 (Reuters) - Central Bank of India Ltd CBI.NS:
RENEWS CO-LENDING PARTNERSHIP WITH CAPRI GLOBAL CAPITAL
Source text: ID:nBSEbSh9Qd
Further company coverage: CBI.NS
(([email protected];;))
March 3 (Reuters) - Central Bank of India Ltd CBI.NS:
APPROVES CENTRAL BANK OF INDIA'S STAKE BUY IN GENERALI CENTRAL INSURANCE, GENERALI CENTRAL LIFE INSURANCE
Further company coverage: CBI.NS
(([email protected];))
March 3 (Reuters) - Central Bank of India Ltd CBI.NS:
APPROVES CENTRAL BANK OF INDIA'S STAKE BUY IN GENERALI CENTRAL INSURANCE, GENERALI CENTRAL LIFE INSURANCE
Further company coverage: CBI.NS
(([email protected];))
Jan 16 (Reuters) - Central Bank of India Ltd CBI.NS:
Q3 NET PROFIT 12.63 BILLION RUPEES
Q3 GROSS NPA 2.7%
Q3 INTEREST EARNED 90.33 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 7.04 BILLION RUPEES
Q3 PROVISIONS FOR NPA 2.76 BILLION RUPEES
Source text: ID:nBSEb3KqxX
Further company coverage: CBI.NS
(([email protected];))
Jan 16 (Reuters) - Central Bank of India Ltd CBI.NS:
Q3 NET PROFIT 12.63 BILLION RUPEES
Q3 GROSS NPA 2.7%
Q3 INTEREST EARNED 90.33 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 7.04 BILLION RUPEES
Q3 PROVISIONS FOR NPA 2.76 BILLION RUPEES
Source text: ID:nBSEb3KqxX
Further company coverage: CBI.NS
(([email protected];))
Sept 30 (Reuters) - Central Bank of India Ltd CBI.NS:
INDIAN GOVERNMENT APPROVES APPOINTMENT OF KALYAN KUMAR AS MD & CEO OF CENTRAL BANK OF INDIA FOR 3 YEARS - NOTIFICATION
Further company coverage: CBI.NS
(([email protected];;))
Sept 30 (Reuters) - Central Bank of India Ltd CBI.NS:
INDIAN GOVERNMENT APPROVES APPOINTMENT OF KALYAN KUMAR AS MD & CEO OF CENTRAL BANK OF INDIA FOR 3 YEARS - NOTIFICATION
Further company coverage: CBI.NS
(([email protected];;))
Adds details in paragraphs 2-9
NEW DELHI, Sept 22 (Reuters) - The Indian government is planning to sell minority stakes in about half a dozen state-run companies, divestment secretary Arunish Chawla told television channel CNBC-TV18 on Monday.
Chawla did not disclose which companies will be considered for the sale of stakes, but Reuters has previously reported that India has plans to sell shares in five public sector banks including UCO BankUCBK.NS and Bank of MaharashtraBMBK.NS.
India also has to reduce its shareholding in the country's largest insurer, Life Insurance Corporation of India LIFI.NS, to meet the market regulator's minimum public shareholding norms.
Chawla said the government will make an initial public offering (IPO) of a state-run firm in the natural resources sector in the current financial year. The IPO could be of a state-run company or their subsidiaries, he added.
Chawla did not name the company, but ONGC ONGC.NS and NHPC NHPC.NS have been exploring listing of their green arms, ONGC Green Energy and NHPC Renewable Energy, respectively.
Minority stake sales and IPOs will help boost divestment proceeds for the government. India plans to raise 470 billion rupees through stake sales and asset monetisation in the current financial year through March 31, 2026.
India's receipts from dividends it receives from public sector companies would exceed its projected target, Chawla said. India has estimated 690 billion rupees ($7.83 billion) through dividends from state-run firms in the current financial year.
($1 = 88.1363 Indian rupees)
(Reporting by Nikunj Ohri, Editing by YP Rajesh & Shri Navaratnam)
Adds details in paragraphs 2-9
NEW DELHI, Sept 22 (Reuters) - The Indian government is planning to sell minority stakes in about half a dozen state-run companies, divestment secretary Arunish Chawla told television channel CNBC-TV18 on Monday.
Chawla did not disclose which companies will be considered for the sale of stakes, but Reuters has previously reported that India has plans to sell shares in five public sector banks including UCO BankUCBK.NS and Bank of MaharashtraBMBK.NS.
India also has to reduce its shareholding in the country's largest insurer, Life Insurance Corporation of India LIFI.NS, to meet the market regulator's minimum public shareholding norms.
Chawla said the government will make an initial public offering (IPO) of a state-run firm in the natural resources sector in the current financial year. The IPO could be of a state-run company or their subsidiaries, he added.
Chawla did not name the company, but ONGC ONGC.NS and NHPC NHPC.NS have been exploring listing of their green arms, ONGC Green Energy and NHPC Renewable Energy, respectively.
Minority stake sales and IPOs will help boost divestment proceeds for the government. India plans to raise 470 billion rupees through stake sales and asset monetisation in the current financial year through March 31, 2026.
India's receipts from dividends it receives from public sector companies would exceed its projected target, Chawla said. India has estimated 690 billion rupees ($7.83 billion) through dividends from state-run firms in the current financial year.
($1 = 88.1363 Indian rupees)
(Reporting by Nikunj Ohri, Editing by YP Rajesh & Shri Navaratnam)
Sept 17 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - BOARD APPROVES EQUITY CAPITAL INFUSION OF 644 MILLION RUPEES
CENTRAL BANK OF INDIA - TO INFUSE EQUITY CAPITAL IN PROPOSED RIGHT ISSUE OF UNIT CENT HOME BANK FINANCE
Source text: ID:nBSE3JVprQ
Further company coverage: CBI.NS
(([email protected];))
Sept 17 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - BOARD APPROVES EQUITY CAPITAL INFUSION OF 644 MILLION RUPEES
CENTRAL BANK OF INDIA - TO INFUSE EQUITY CAPITAL IN PROPOSED RIGHT ISSUE OF UNIT CENT HOME BANK FINANCE
Source text: ID:nBSE3JVprQ
Further company coverage: CBI.NS
(([email protected];))
Aug 25 (Reuters) - Central Bank of India Ltd CBI.NS:
PARTNERSHIP WITH KREDX PLATFORM FOR TREDS BUSINESS
Source text: ID:nBSEpy1bJ
Further company coverage: CBI.NS
(([email protected];;))
Aug 25 (Reuters) - Central Bank of India Ltd CBI.NS:
PARTNERSHIP WITH KREDX PLATFORM FOR TREDS BUSINESS
Source text: ID:nBSEpy1bJ
Further company coverage: CBI.NS
(([email protected];;))
Aug 12 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - APPROVAL OF RESERVE BANK OF INDIA TO SETUP IFSC BANKING UNIT AT GIFT CITY
Source text: ID:nBSE5TXBD9
Further company coverage: CBI.NS
(([email protected];))
Aug 12 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - APPROVAL OF RESERVE BANK OF INDIA TO SETUP IFSC BANKING UNIT AT GIFT CITY
Source text: ID:nBSE5TXBD9
Further company coverage: CBI.NS
(([email protected];))
Aug 7 (Reuters) - Niyogin FinTech Ltd NIYO.BO:
UNIT SIGNS FIVE-YEAR CONTRACT WITH CENTRAL BANK OF INDIA
CONTRACT VALUED AT USD 10 MILLION
Source text: ID:nBSE1gT8n6
Further company coverage: NIYO.BOCBI.NS
(([email protected];))
Aug 7 (Reuters) - Niyogin FinTech Ltd NIYO.BO:
UNIT SIGNS FIVE-YEAR CONTRACT WITH CENTRAL BANK OF INDIA
CONTRACT VALUED AT USD 10 MILLION
Source text: ID:nBSE1gT8n6
Further company coverage: NIYO.BOCBI.NS
(([email protected];))
June 5 (Reuters) - Central Bank of India Ltd CBI.NS:
BUYS 25.18% STAKE IN FUTURE GENERALI INDIA LIFE INSURANCE CO
ACQUISITION COST UP TO 570 MILLION RUPEES
Source text: ID:nBSE2xWp1F
Further company coverage: CBI.NS
(([email protected];))
June 5 (Reuters) - Central Bank of India Ltd CBI.NS:
BUYS 25.18% STAKE IN FUTURE GENERALI INDIA LIFE INSURANCE CO
ACQUISITION COST UP TO 570 MILLION RUPEES
Source text: ID:nBSE2xWp1F
Further company coverage: CBI.NS
(([email protected];))
April 28 (Reuters) - Central Bank of India Ltd CBI.NS:
APPROVES CAPITAL RAISING PLAN FOR FY 2025-26 AGGREGATING TO 50 BILLION RUPEES
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];;))
April 28 (Reuters) - Central Bank of India Ltd CBI.NS:
APPROVES CAPITAL RAISING PLAN FOR FY 2025-26 AGGREGATING TO 50 BILLION RUPEES
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];;))
April 23 (Reuters) - Central Bank of India Ltd CBI.NS:
TO CONSIDER CAPITAL RAISING PLAN OF THE BANK FOR FY 2025-26
TO CONSIDER CAPITAL RAISING PLAN VIA FPO/RIGHTS ISSUE/QIP/PREFERENTIAL ISSUE
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];;))
April 23 (Reuters) - Central Bank of India Ltd CBI.NS:
TO CONSIDER CAPITAL RAISING PLAN OF THE BANK FOR FY 2025-26
TO CONSIDER CAPITAL RAISING PLAN VIA FPO/RIGHTS ISSUE/QIP/PREFERENTIAL ISSUE
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];;))
April 3 (Reuters) - Network People Services Technologies Ltd NETO.NS:
NETWORK PEOPLE SERVICES TECHNOLOGIES - GETS PURCHASE ORDER FROM CENTRAL BANK OF INDIA
NETWORK PEOPLE SERVICES TECHNOLOGIES - CO AWARDED 40% OF TOTAL ORDER, VALUE OF 1.68 BILLION RUPEES
Source text: ID:nNSEK20Py
Further company coverage: NETO.NS
(([email protected];;))
April 3 (Reuters) - Network People Services Technologies Ltd NETO.NS:
NETWORK PEOPLE SERVICES TECHNOLOGIES - GETS PURCHASE ORDER FROM CENTRAL BANK OF INDIA
NETWORK PEOPLE SERVICES TECHNOLOGIES - CO AWARDED 40% OF TOTAL ORDER, VALUE OF 1.68 BILLION RUPEES
Source text: ID:nNSEK20Py
Further company coverage: NETO.NS
(([email protected];;))
April 2 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - PROVISIONAL TOTAL BUSINESS UP 10.75% Y/Y AS OF MARCH 31
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];;))
April 2 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - PROVISIONAL TOTAL BUSINESS UP 10.75% Y/Y AS OF MARCH 31
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];;))
March 24 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - ANNOUNCES OPENING OF QUALIFIED INSTITUTIONS PLACEMENT
CENTRAL BANK OF INDIA LTD - APPROVED FLOOR PRICE OF 42.62 RUPEES PER EQUITY SHARE
Source text: ID:nBSE1MMtxJ
Further company coverage: CBI.NS
(([email protected];))
March 24 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - ANNOUNCES OPENING OF QUALIFIED INSTITUTIONS PLACEMENT
CENTRAL BANK OF INDIA LTD - APPROVED FLOOR PRICE OF 42.62 RUPEES PER EQUITY SHARE
Source text: ID:nBSE1MMtxJ
Further company coverage: CBI.NS
(([email protected];))
NEW DELHI, Feb 25 (Reuters) - India has invited bids to appoint merchant bankers and legal advisers to sell the government's minority shareholding in select public sector banks and financial companies.
The government is looking to undertake minority stake sales in state-run banks and financial firms through an offer for sale, according to a document published on Monday on the Department of Investment and Public Asset Management's website, which did not name the lenders.
The federal finance ministry is looking dilute minority shareholdings in Central Bank of India CBI.NS, Indian Overseas Bank IOBK.NS, UCO Bank UCBK.NS, and Punjab and Sind Bank PUNA.NS, Reuters reported in November.
The plan to lower the government’s stake in banks and financial companies is required to comply with public shareholding norms mandated by the markets regulator.
The Securities and Exchange Board of India requires companies to maintain a 25% public shareholding, but has exempted government-owned firms from meeting these norms till August 2026.
The Indian government owns more than 93% in Central Bank of India, 96.4% in Indian Overseas Bank, 95.4% in UCO Bank and 98.3% in Punjab and Sind Bank. It also owns an 80% stake in Bank of Maharashtra BMBK.NS.
In the past, public sector banks launched qualified institutional placements (QIP) to raise capital, which, in turn, reduced the government's stake in state-run banks.
Merchant bankers and legal advisers will be appointed for three years and are required to submit their bids by March 27, the document said.
India has ditched its ambitious privatisation plans and put on hold a majority stake sale in at least nine state-owned units after opposition from relevant ministries.
Instead, it is continuing with minority stake sales in state-run companies. As of February, the government mopped up 86.25 billion rupees ($993.2 million) via stake sales in the 2024-25 financial year.
($1 = 86.8420 Indian rupees)
(Reporting by Nikunj Ohri; Editing by Sonia Cheema)
(([email protected]; +91 90284 60730; Reuters Messaging: twitter.com/nikunj_ohri))
NEW DELHI, Feb 25 (Reuters) - India has invited bids to appoint merchant bankers and legal advisers to sell the government's minority shareholding in select public sector banks and financial companies.
The government is looking to undertake minority stake sales in state-run banks and financial firms through an offer for sale, according to a document published on Monday on the Department of Investment and Public Asset Management's website, which did not name the lenders.
The federal finance ministry is looking dilute minority shareholdings in Central Bank of India CBI.NS, Indian Overseas Bank IOBK.NS, UCO Bank UCBK.NS, and Punjab and Sind Bank PUNA.NS, Reuters reported in November.
The plan to lower the government’s stake in banks and financial companies is required to comply with public shareholding norms mandated by the markets regulator.
The Securities and Exchange Board of India requires companies to maintain a 25% public shareholding, but has exempted government-owned firms from meeting these norms till August 2026.
The Indian government owns more than 93% in Central Bank of India, 96.4% in Indian Overseas Bank, 95.4% in UCO Bank and 98.3% in Punjab and Sind Bank. It also owns an 80% stake in Bank of Maharashtra BMBK.NS.
In the past, public sector banks launched qualified institutional placements (QIP) to raise capital, which, in turn, reduced the government's stake in state-run banks.
Merchant bankers and legal advisers will be appointed for three years and are required to submit their bids by March 27, the document said.
India has ditched its ambitious privatisation plans and put on hold a majority stake sale in at least nine state-owned units after opposition from relevant ministries.
Instead, it is continuing with minority stake sales in state-run companies. As of February, the government mopped up 86.25 billion rupees ($993.2 million) via stake sales in the 2024-25 financial year.
($1 = 86.8420 Indian rupees)
(Reporting by Nikunj Ohri; Editing by Sonia Cheema)
(([email protected]; +91 90284 60730; Reuters Messaging: twitter.com/nikunj_ohri))
Feb 3 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - ENTERS CO-LENDING PARTNERSHIP WITH VASTU HOUSING FINANCE
Source text: ID:nBSE9PTT4C
Further company coverage: CBI.NS
(([email protected];;))
Feb 3 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA LTD - ENTERS CO-LENDING PARTNERSHIP WITH VASTU HOUSING FINANCE
Source text: ID:nBSE9PTT4C
Further company coverage: CBI.NS
(([email protected];;))
BENGALURU, Jan 20 (Reuters) - Diary of India economic, corporate events on Jan. 20
ECONOMIC, CORPORATE .BSE500 EVENTS:
Key Speaker | Local Time | Location |
India Junior Finance Minister | 1500-1540 | Industry body PHDCCI event, New Delhi |
Start Date | Start Time | RIC | Company Name | Event Name |
20-Jan-2025 | NTS | IOBK.NS | Indian Overseas Bank | Q3 2025 Indian Overseas Bank Earnings Release |
20-Jan-2025 | NTS | CBI.NS | Central Bank of India Ltd | Q3 2025 Central Bank of India Ltd Earnings Release |
20-Jan-2025 | NTS | PAYT.NS | One 97 Communications Ltd | Q3 2025 One 97 Communications Ltd Earnings Release |
20-Jan-2025 | NTS | MCEI.NS | Multi Commodity Exchange of India Ltd | Q3 2025 Multi Commodity Exchange of India Ltd Earnings Release |
20-Jan-2025 | NTS | SUNT.NS | Sunteck Realty Ltd | Q3 2025 Sunteck Realty Ltd Earnings Release |
20-Jan-2025 | NTS | MRPL.NS | Mangalore Refinery and Petrochemicals Ltd | Q3 2025 Mangalore Refinery and Petrochemicals Ltd Earnings Release |
20-Jan-2025 | NTS | JKBK.NS | Jammu and Kashmir Bank Ltd | Q3 2025 Jammu and Kashmir Bank Ltd Earnings Release |
20-Jan-2025 | NTS | SUPI.NS | Supreme Industries Ltd | Q3 2025 Supreme Industries Ltd Earnings Release |
20-Jan-2025 | NTS | LTFL.NS | L&T Finance Ltd | Q3 2025 L&T Finance Ltd Earnings Release |
20-Jan-2025 | NTS | ZOMT.NS | Zomato Ltd | Q3 2025 Zomato Ltd Earnings Release |
20-Jan-2025 | NTS | APLA.NS | APL Apollo Tubes Ltd | Q3 2025 APL Apollo Tubes Ltd Earnings Release |
20-Jan-2025 | NTS | ICCI.NS | ICICI Securities Ltd | Q3 2025 ICICI Securities Ltd Earnings Release |
20-Jan-2025 | NTS | IDBI.NS | IDBI Bank Ltd | Q3 2025 IDBI Bank Ltd Earnings Release |
20-Jan-2025 | NTS | DIXO.NS | Dixon Technologies (India) Ltd | Q3 2025 Dixon Technologies (India) Ltd Earnings Release |
20-Jan-2025 | NTS | NEWG.NS | Newgen Software Technologies Ltd | Q3 2025 Newgen Software Technologies Ltd Earnings Release |
NTS - 'No time scheduled', AMC - 'After market close'
(Compiled by Bengaluru Newsroom)
BENGALURU, Jan 20 (Reuters) - Diary of India economic, corporate events on Jan. 20
ECONOMIC, CORPORATE .BSE500 EVENTS:
Key Speaker | Local Time | Location |
India Junior Finance Minister | 1500-1540 | Industry body PHDCCI event, New Delhi |
Start Date | Start Time | RIC | Company Name | Event Name |
20-Jan-2025 | NTS | IOBK.NS | Indian Overseas Bank | Q3 2025 Indian Overseas Bank Earnings Release |
20-Jan-2025 | NTS | CBI.NS | Central Bank of India Ltd | Q3 2025 Central Bank of India Ltd Earnings Release |
20-Jan-2025 | NTS | PAYT.NS | One 97 Communications Ltd | Q3 2025 One 97 Communications Ltd Earnings Release |
20-Jan-2025 | NTS | MCEI.NS | Multi Commodity Exchange of India Ltd | Q3 2025 Multi Commodity Exchange of India Ltd Earnings Release |
20-Jan-2025 | NTS | SUNT.NS | Sunteck Realty Ltd | Q3 2025 Sunteck Realty Ltd Earnings Release |
20-Jan-2025 | NTS | MRPL.NS | Mangalore Refinery and Petrochemicals Ltd | Q3 2025 Mangalore Refinery and Petrochemicals Ltd Earnings Release |
20-Jan-2025 | NTS | JKBK.NS | Jammu and Kashmir Bank Ltd | Q3 2025 Jammu and Kashmir Bank Ltd Earnings Release |
20-Jan-2025 | NTS | SUPI.NS | Supreme Industries Ltd | Q3 2025 Supreme Industries Ltd Earnings Release |
20-Jan-2025 | NTS | LTFL.NS | L&T Finance Ltd | Q3 2025 L&T Finance Ltd Earnings Release |
20-Jan-2025 | NTS | ZOMT.NS | Zomato Ltd | Q3 2025 Zomato Ltd Earnings Release |
20-Jan-2025 | NTS | APLA.NS | APL Apollo Tubes Ltd | Q3 2025 APL Apollo Tubes Ltd Earnings Release |
20-Jan-2025 | NTS | ICCI.NS | ICICI Securities Ltd | Q3 2025 ICICI Securities Ltd Earnings Release |
20-Jan-2025 | NTS | IDBI.NS | IDBI Bank Ltd | Q3 2025 IDBI Bank Ltd Earnings Release |
20-Jan-2025 | NTS | DIXO.NS | Dixon Technologies (India) Ltd | Q3 2025 Dixon Technologies (India) Ltd Earnings Release |
20-Jan-2025 | NTS | NEWG.NS | Newgen Software Technologies Ltd | Q3 2025 Newgen Software Technologies Ltd Earnings Release |
NTS - 'No time scheduled', AMC - 'After market close'
(Compiled by Bengaluru Newsroom)
Dec 3 (Reuters) - Central Bank of India Ltd CBI.NS:
VAKRANGEE - PARTNERS WITH CENTRAL BANK OF INDIA FOR OFFERING BANKING SERVICES ON PAN INDIA BASIS
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];))
Dec 3 (Reuters) - Central Bank of India Ltd CBI.NS:
VAKRANGEE - PARTNERS WITH CENTRAL BANK OF INDIA FOR OFFERING BANKING SERVICES ON PAN INDIA BASIS
Source text: [ID:]
Further company coverage: CBI.NS
(([email protected];))
** Shares of Central Bank of India CBI.NS rise 8.1% to 56.5 rupees, set for highest one-day pct gain since June 4
** Stock top pct gainer on Nifty public sector bank index .NIFTYPSU, which is up 4.5%
** Co on Friday said the Reserve Bank of India approved lender's entry into insurance business
** CBI will ink joint venture with Generali Group for the business
** CBI up ~ 13% YTD vs 19% gain in public sector bank index
(Reporting by Sethuraman NR)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]/))
** Shares of Central Bank of India CBI.NS rise 8.1% to 56.5 rupees, set for highest one-day pct gain since June 4
** Stock top pct gainer on Nifty public sector bank index .NIFTYPSU, which is up 4.5%
** Co on Friday said the Reserve Bank of India approved lender's entry into insurance business
** CBI will ink joint venture with Generali Group for the business
** CBI up ~ 13% YTD vs 19% gain in public sector bank index
(Reporting by Sethuraman NR)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]/))
Nov 22 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - RBI APPROVED BANK'S ENTRY IN INSURANCE BUSINESS
CENTRAL BANK OF INDIA - ENTRY IN INSURANCE BUSINESS VIA JV WITH GENERALI GROUP
Further company coverage: CBI.NS
(([email protected];))
Nov 22 (Reuters) - Central Bank of India Ltd CBI.NS:
CENTRAL BANK OF INDIA - RBI APPROVED BANK'S ENTRY IN INSURANCE BUSINESS
CENTRAL BANK OF INDIA - ENTRY IN INSURANCE BUSINESS VIA JV WITH GENERALI GROUP
Further company coverage: CBI.NS
(([email protected];))
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Popular questions
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What does CentralBank of India do?
Central Bank of India is the first Indian commercial bank fully owned and managed by Indians. It offers a wide range of products and services for individuals, NRIs, and corporates, including savings accounts, loans, credit cards, and money transfer facilities.
Who are the competitors of CentralBank of India?
CentralBank of India major competitors are UCO Bank, Punjab & Sind Bank, Bank of Maharashtra, Bank Of India, Indian Overseas Bank, IDBI Bank, Indian Bank. Market Cap of CentralBank of India is ₹28,086 Crs. While the median market cap of its peers are ₹64,944 Crs.
Is CentralBank of India financially stable compared to its competitors?
CentralBank of India seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does CentralBank of India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. CentralBank of India latest dividend payout ratio is 24.01% and 3yr average dividend payout ratio is 14.17%
How has CentralBank of India allocated its funds?
Company has been allocating majority of new resources to productive uses like advances.
How strong is CentralBank of India balance sheet?
Latest balance sheet of CentralBank of India is strong, However historically the companies balance sheet has shown some weakness.
Is the profitablity of CentralBank of India improving?
Yes, profit is increasing. The profit of CentralBank of India is ₹4,552 Crs for TTM, ₹4,524 Crs for Mar 2026 and ₹3,934 Crs for Mar 2025.
Is CentralBank of India stock expensive?
CentralBank of India is not expensive. Latest PE of CentralBank of India is 6.15 while 3 year average PE is 13.11. Also latest Price to Book of CentralBank of India is 0.69 while 3yr average is 1.04.
Has the share price of CentralBank of India grown faster than its competition?
CentralBank of India has given lower returns compared to its competitors. CentralBank of India has grown at ~-10.85% over the last 10yrs while peers have grown at a median rate of 2.2%
Is the promoter bullish about CentralBank of India?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in CentralBank of India is 81.19% and last quarter promoter holding is 89.27%
Are mutual funds buying/selling CentralBank of India?
The mutual fund holding of CentralBank of India is increasing. The current mutual fund holding in CentralBank of India is 2.59% while previous quarter holding is 0.34%.