Central Bank of India - Company Profile

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Central Bank of India: Overview

Central Bank of India (CBI) offers a wide range of retail and corporate banking, and other related financial solutions. Its portfolio of retail banking solutions includes deposit services such as recurring, current, savings, and fixed deposit accounts; credit and debit cards; and loans for housing, education, agriculture, and personal requirements, among others. CBI provides commercial banking solutions such as business loans, mortgages, cash management, and foreign exchange. It also offers services including mobile banking, payment solutions, internet banking, and remittance, among others. The treasury activities include government and other securities transactions, and money market and forex operations. CBI is headquartered in Mumbai, Maharashtra, India.

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Headquarters India

Address Chandermukhi, Nariman Point, Mumbai, Maharashtra, 400021


Telephone 91 22 66387777

No of Employees 30,770

Industry Financial Services

Ticker Symbol & Exchange CENTRALBK (NSE)

Revenue (2022) $3.8B 15% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 56.1% (2022 vs 2021)

Market Cap* $6.8B

Net Profit Margin (2022) XYZ 35.6% (2022 vs 2021)

* As of and is in US$
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Central Bank of India premium industry data and analytics

3

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Central Bank of India (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Central Bank of India’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Accounts: Cash Management
Savings Remittance
Current Mobile Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 New Products/Services In April, the bank launched a loan scheme for all CA/CS/CMA members.
2024 Contracts/Agreements In March, the bank partnered with PPFAS Asset Management Company Limited to distribute their Mutual Fund Products to its customers through a Do it yourself model.
2023 Contracts/Agreements In December, the bank and Kisetsu Saison Finance (India) signed a co-lending partnership to offer MSME Loans.
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Competitor Comparison

Key Parameters Central Bank of India Canara Bank Punjab National Bank Union Bank of India Kotak Mahindra Bank Ltd
Headquarters India India India India India
City Mumbai Bangalore New Delhi Mumbai Mumbai
State/Province Maharashtra Karnataka Maharashtra Maharashtra Maharashtra
No. of Employees 30,770 84,978 104,118 75,594 73,481
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Vivek Wahi Director Executive Board 2021 58
Matam Venkata Rao Chief Executive Officer; Managing Director Senior Management 2021 58
Dinesh Pangtey Director Non Executive Board 2021 61
P. J. Thomas Director Non Executive Board 2020 64
Mahendra Dohare Director Executive Board 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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