Central Bank of India News

PSU Bank index soars 31% in 2025; outperforms Nifty for 5th straight year

At 11:39 AM on Wednesday; the Nifty PSU Bank index was the top gainer among sectoral indices, up 1.8 per cent at 8,581.65, as compared to 0.5 per cent rise in the Nifty 50.

Nifty PSU Bank index at new high; up 27% in 3 months; what's driving PSBs?

Nifty PSU Bank index hit a new high at 8,665.70, in Wednesday's intra-day trade, surpassing its previous high of 8,624.80 touched on Nov 20, 2025. The index has gained 4% in the past two trading days.

PSU Bank index zooms 24% since Sep; Bank of Baroda, Canara near record high

Bank of Baroda, Canara Bank, Bank of India, Union Bank of India, Uco Bank, Punjab & Sind Bank, Bank of Maharashtra, Indian Overseas Bank and Indian Bank were up in the range of 2-5% in Monday's trade.

SBI, BoB, PNB among 5 PSU Bank stocks that can rally up to 17%; say charts

PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts.

Central Bank of India Q2 results: Net profit rises 33% to ₹1,213 crore

State-owned Central Bank of India on Friday reported a 33 per cent growth in net profit to Rs 1,213 crore for the second quarter ended September 30. The bank had a net profit of Rs 913 crore in the July-September quarter of FY25. Total business grew by 14.43 per cent to over Rs 7.38 lakh crore from over Rs 6.45 lakh crore. Total deposits were up by 13.40 per cent to over Rs 4.44 lakh crore against Rs 3.92 lakh crore. Gross NPA stood at 3.01 per cent as of Q2 FY26, compared to 4.59 per cent in the year-ago period, registering an improvement of 158 basis points. Shares of Central Bank of India were trading at Rs 37.01 apiece, down 2.53 per cent over the previous close on the BSE.

Buy, sell, hold? Trading strategy in PSU bank stocks amid stake sale buzz?

Technical charts flag up to 22% downside risk for PSU bank shares such as Indian Overseas Bank, Uco Bank, Central Bank of India and Punjab & Sind Bank as government stake sale buzz looms.

Overbought or oversold? 5 PSU bank stocks on technical charts

Shares of PSU banks have rallied up to 24% thus far in FY26; here's what technical charts suggest for Bank of India, Indian Bank, Bank of Baroda, PSB and Central Bank of India.

Central Bank of India Q1 results: PAT jumps 33% to ₹1,169 cr on lower NPAs

State-owned Central Bank of India on Saturday posted a 33 per cent growth in net profit at Rs 1,169 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts. The Mumbai-based bank had earned a net profit of Rs 880 crore in the same quarter of the previous fiscal year. The total income rose to Rs 10,374 crore during the June quarter of 2025-26, from Rs 9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory filing. Interest earned by the bank improved to Rs 8,589 crore, as compared to Rs 8,335 crore in the June quarter FY25. During the period under review, operating profit of the bank increased to Rs 2,304 crore, as compared to Rs 1,933 crore in the same quarter a year ago. The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 3.13 per cent of gross advances at the end of the June quarter, from 4.54 per cent a year ago. Gross advance increased by 9.97 per