About Central Bank of India

Central Bank of India is India’s first truly Swadeshi bank, founded in 1911, and today operates as a public sector bank. The Bank provides a wide range of banking and financial services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers, with business conducted through branches across India.

With a pan‑India footprint and no international offices, Central Bank of India serves customers nationwide through 4,545 branches, 4,085 ATMs, and a network of Business Correspondent outlets; the Bank reports only one geographic segment—Domestic operations. Core capabilities include retail banking, corporate and wholesale banking, and treasury operations, complemented by digital platforms such as the Cent eeZ superapp, a Digital Lending Platform (57 digital journeys), an AI‑driven Cent Chanakya chatbot, and a Trade Receivables Discounting System (TReDS) platform.

The Bank’s product portfolio spans personal and business loans (including RAM—Retail, Agriculture, MSME), deposits, payments, supply chain finance, depository services (as a CDSL Depository Participant), mutual fund distribution, and digital insurance purchase via Cent eeZ; it also offers a 3‑in‑1 trading account in partnership with Motilal Oswal Financial Services Ltd. (26,704 active Demat accounts as on March 31, 2025) .

Business Segments

– Operating divisions: The primary business segments are Treasury; Corporate/Wholesale Banking; Retail Banking; and Other Banking Business, aligned to RBI’s Accounting Standard 17 segment reporting .
– Industries/segments served: The Bank serves Retail, MSME, Agriculture, and Corporate customers. As of March 31, 2025, the advances mix comprised Corporate 33.10%, MSME 20.42%, Agriculture 18.08%, and Retail 28.40% .
– Revenue by Industry Vertical (FY2024–25): Treasury (32.04%); Corporate/Wholesale Banking (21.85%); Retail Banking (46.09%); Other Banking Business (0.03%); Total ₹39,387.23 crore (consolidated segment revenue) .

Central Bank of India’s  Key Management

– M V Rao, Managing Director & Chief Executive Officer
– Vivek Wahi, Executive Director .
– M V Murali Krishna, Executive Director .

Latest Updates (FY2024–25) on Central Bank of India

– Capital raising: The Bank raised ₹1,500 crore through a Qualified Institutions Placement in March 2025, supporting growth and capital adequacy .
– Digital and platform growth: The Supply Chain Finance platform was launched, including a partnership with PSB Alliance Pvt. Ltd. and Tata Motors Passenger Vehicles Ltd., targeting ₹3,000 crore mobilisation in FY2025–26. Digital adoption scaled with Mobile Banking users at 91.90 lakh (+20.19%), Internet Banking users at 114.29 lakh (+9.01%), and UPI users at 41.32 lakh (+24.50%)   .
– Customer experience and outreach: The Integrated Customer Care platform was operationalised; average daily UPI transactions were 99.35 lakh; branch and ATM network stood at 4,545 and 4,085 respectively.
– Product and distribution: Insurance policies (life and general) are available through Cent eeZ; the Bank strengthened depository services (CDSL DP) and 3‑in‑1 e‑trading with Motilal Oswal; 26,704 active Demat accounts were recorded as of March 31, 2025 .
– Recognitions and governance: Accolades in FY2025 included Best MSME Bank (PSU) and the Rajbhasha Kirti Award; the Bank reported no instances of data breaches during the period  .