CentralBank of India

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

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** 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)

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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

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** Shares of Central Bank of India CBI.NS fall 6% to 31.88 rupees

** Set for biggest daily pct drop since April 2025

** Government to sell up to 4% stake in lender via Offer for Sale (OFS), with an option to offload additional 4% through greenshoe

** Sets floor price at 31 rupees per share, a discount of 8.6% to Thursday's closing price

** OFS opens for non-retail investors on Friday; retail investors to bid on Monday

** Trading vols at about 20.8 million shares, vs 30-day average of 5.2 million shares

** YTD, stock down ~14.2%

(Reporting by Bipasha Dey in Bengaluru)

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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

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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

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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

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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

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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

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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

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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

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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

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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)

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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

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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

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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

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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

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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

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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

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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

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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

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April 2 (Reuters) - Central Bank of India Ltd CBI.NS:

• CENTRAL BANK OF INDIA - CROSSES 7 TRLN RUPEES BUSINESS AS OF MARCH 31

Source text: ID:nNSE8QYhcG

Further company coverage: CBI.NS

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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

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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)

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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

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Corrects paragraph 4 to say Go First filed for bankruptcy in May 2023, not May last year

Jan 20 (Reuters) - An Indian tribunal has ordered the liquidation of Go First Airways after a request from the cash-strapped airline's lenders, CNBC-TV18 reported on Monday.

Go First Airways did not immediately respond to a Reuters request for comment.

In August, Go First's lenders had decided to liquidate the company's assets after rejecting bids by interested suitors to revive the bankrupt airline, Reuters had reported, citing sources.

Go First had filed for bankruptcy in May 2023 and received two financial bids under the bankruptcy process, with one of them raising their offer after a push by lenders.

The budget carrier owes a total of 65.21 billion rupees ($781.14 million) to its creditors, which include Central Bank of India CBI.NS, Bank of Baroda BOB.NS, IDBI Bank IDBI.NS and Deutsche Bank DBKGn.DE.

Foreign aircraft lessors of Go First were locked in a tussle with the company after they were blocked from repossessing planes due to a moratorium imposed by Indian courts. However, a local court, in April, allowed them to take back their planes.

(Reporting by Kashish Tandon in Bengaluru; Editing by Savio D'Souza)

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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

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** 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)

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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

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By Nikunj Ohri

NEW DELHI, Nov 19 (Reuters) - The Indian government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by the country's markets regulator, a government source told Reuters.

The finance ministry is likely to seek approval of the federal cabinet in the coming months to dilute the stake in Central Bank of India CBI.NS, Indian Overseas Bank IOBK.NS, UCO Bank UCBK.NS, and Punjab and Sind Bank PUNA.NS, the source said.

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 as of end-September, according to data on the BSE's website.

The plan under consideration is to sell the stake through an offer for sale in the open market, the source said.

The Securities and Exchange Board of India (SEBI) requires listed companies to maintain a 25% public shareholding, but has exempted government-owned firms from meeting these norms till August 2026.

The source did not comment on whether the government will be able to meet the regulator's deadline or whether it would seek a further extension.

The official said the timing and the quantum of the sale would be decided based on market conditions. The official did not want to be named as he is not authorised to speak to the media.

India's finance ministry did not immediately respond to a request for comment.

In the past, public sector banks have launched qualified institutional placements (QIP) to raise capital which has in turn lowered the government's stake in state-run banks.

Punjab National Bank raised 50 billion rupees through a QIP in September, while Bank of Maharashtra raised 35 billion rupees in October.

(Reporting by Nikunj Ohri; Editing by Varun H K)

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