Central Bank Of India
Central Bank of India was incorporated in 1911. It was nationalised in 1969, along with 13 other major banks of India, by the GoI. Headquartered in Mumbai, CBI is a PSB with the GoI holding a stake of 93.08% as on March 31, 2024. CBI is a mid-sized P...
Key Metrics
EPS
3.07
Current ratio
0.10
Debt/Equity
12.82
Debt/EBITDA
88.91
Interest coverage ratio
-
Operating Cashflow to total debt
-0.01
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Sovereign ownership with demonstrated capital support from GoI
Capitalisation profile and solvency continue to improve
Well-developed deposit franchise with strong CASA base
Earnings profile improves
Liquidity position: Strong
Cons
Vulnerable book remains elevated; asset quality a monitorable
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
About Central Bank Of India bond.
This comprehensive profile covers key factual information about Central Bank Of India. Central Bank of India was incorporated in 1911. It was nationalised in 1969, along with 13 other major banks of India, by the GoI. Headquartered in Mumbai, CBI is a PSB with the GoI holding a stake of 93.08% as on March 31, 2024. CBI is a mid-sized PSB and is the eighth largest, in terms of assets, among PSBs. It had a market share of 1.5% in advances and 1.9% in deposits in the Indian banking sector as on March 31, 2024. Furthermore, given the improvement in its performance over the last two years, the bank exited the RBI’s prompt corrective action (PCA) framework in September 2022. For the year ended March 31, 2024, CBI reported a profit of Rs. 2,549 crore on a total asset base of Rs. 4.42 lakh crore compared to a net profit of Rs. 1,582 crore on a total asset base of Rs. 4.02 lakh crore for the year ended March 31, 2023. The CRAR stood at 15.08% (Tier I: 12.46%) as on March 31, 2024 (14.12% and 12.11%, respectively, as on March 31, 2023). EPS in Mar-2024 was 3.07. Current ratio in Mar-2024 was 0.10. Debt/Equity in Mar-2024 was 12.82. Debt/EBITDA in Mar-2024 was 88.91. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.01. Total revenue for Mar-2025 (E) was ₹40227.27. Net income for Mar-2025 (E) stood at ₹3398.77. Total assets as of Mar-2024 were ₹448610.70. Operating cash flow for Mar-2024 was ₹-5,909.91. Peers and comparison entities consist of Central Bank of India Limited, State Bank of India, Bank of Baroda Limited, Punjab National Bank. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Sovereign ownership with demonstrated capital support from GoI ; Capitalisation profile and solvency continue to improve; Well-developed deposit franchise with strong CASA base; Earnings profile improves; Liquidity position: Strong. Key risks include: Vulnerable book remains elevated; asset quality a monitorable. Leadership team details include Bhaskar Gorugantu (Chief Risk Officer), Chandrakant Bhagwat (Company Secretary & Compliance Officer), Charulatha S Kar (Nominee Director), Dinesh Pangtey (Shareholder Director), Hardik Mukesh Sheth (Government Nominee Director), M V Murali Krishna (Executive Director), M V Rao (Managing Director & CEO), Mahendra Dohare (Executive Director), Mohit Kodnani (General Manager), Mukul N Dandige (CFO & General Manager), P Anup Kumar (General Manager), Poppy Sharma (General Manager), Pradip Pranlal Khimani (Part Time Non Official Director), Priavrat Sharma (Part Time Non Official Director), Sohail Ahmad (General Manager), Sunil Arora (Chief Vigilance Officer), T S Balachandran (General Manager), Tarsem Singh Zira (General Manager), Vivek Kumar (General Manager), Vivek Wahi (Executive Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.