Central Bank of India Share Price

era.

Over the years, it has built a nationwide presence. Its shares are listed on Indian stock exchanges under the ticker NSE: CENTRALBK on the NSE and BOM: 532885 on the BSE.

Central Bank Of India Business Segments And Revenue Model

Retail, MSME, agriculture, and corporate banking make up the bank’s main segments. Deposits and lending continue to drive the business, supported by its physical and digital reach.

Retail banking is largely centered around housing loans, personal loans, and vehicle finance. MSME lending, meanwhile, supports smaller businesses across manufacturing, services, and trading.

Agriculture remains another part of the mix. This includes crop loans and financing linked to farm equipment and rural requirements. On the corporate side, the bank works with larger businesses through products such as working capital finance, trade finance, and project lending.

The bank's reach is supported by a large physical network. There are 4,545 branches and 4,085 ATMs, along with a wide business correspondent network.

At the same time, digital usage has been rising. Mobile banking users were around 91.9 lakh, and UPI users crossed 41 lakhs. Daily transactions are now close to 1 crore.

Partnerships add another layer. The bank works with NBFCs and HFCs through co-lending, with 34 such tie-ups in place.

Central Bank Of India Key Milestones

• 1911: The bank was founded as the first Indian commercial bank to be wholly owned and managed by Indians.
  
• 1916: It entered the Calcutta Bankers’ Clearing House, which was then largely controlled by foreign banks.
  
• 1926: India’s first safe deposit vault was introduced.
  
• 1932: The bank merged with Tata Industrial Bank.
  
• 1962: Recurring deposit schemes were introduced, which later became a widely used savings product.
  
• 1969: The bank was nationalised as part of the Government of India’s move to bring major banks under public ownership.
  
• 1980: “Centralcard” was launched, among the early credit card offerings in India.
  
• 2001- 03: Debit cards and Visa Platinum cards were introduced as part of expanding retail banking services.
  
• 2024: Profitability improved, along with asset quality, and the bank outlined its ESG vision with a Net Zero (Scope 1) target by 2028.
  
• 2025: Total business crossed ₹7 lakh crore, with net profit rising to ₹3,785 crore and further improvement in asset quality.
  

Central Bank Of India ESG And Sustainability

• The bank has set a Net Zero target for Scope 1 emissions by 2028. This is ahead of India’s broader 2070 goal and is being supported by energy efficiency and the gradual adoption of renewables.
  
• Lending has also started to include green products. There are schemes like Cent Go Green for EVs and Cent Kusum for solar equipment.
  
• Within operations, the focus is more on cutting down paper use. Digitisation is a big part of this, along with some recycling efforts across branches.
  
• Financial inclusion continues to be a key area. The bank reaches underserved segments through microfinance, housing loans, and similar products.
  
• Some of the work also extends to communities. This is mostly around education, healthcare, and skill-building, often done with local partners.
  
• Governance sits at the board level. Specific committees oversee these areas. There are audits, compliance processes, and a whistleblower system in place.
  

Central Bank Of India Awards And Recognitions

• 2025: Received the “Best Collection Team of the Year” award at the Bharat Collections Awards & Summit.
  
• 2025: Awarded “Best Technology Bank” at the 7.0 Technology Excellence Awards by Quantic.
  
• 2024-25: Won the SKOTCH Award for the Cent Neo digital lending platform.
  
• 2025: Recognised for “Best Data Completeness – PSU in Consumer Data” by TransUnion CIBIL and IBA.
  
• 2024: Featured among “Iconic Brands of India” by ET Now.
  
• 2024: Recognised as a “Most Preferred Workplace for Women” by Team Marksmen Network.