Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

According to sources, Central Bank of India and Indian Overseas Bank are likely candidates for privatisation

Govt committed to privatisation of two public sector banks: Report

Central Bank of India has reported its total number of branches at 4,528 at the end of March 2022, which is the same compared to the December 2021 quarter. The bank is reportedly looking to reduce the number of branches by 600, or 13 per cent of the total, by either shutting or merging loss-making b…

Is Central Bank Planning To Close 600 Branches Across India? What We Know So Far

It had posted a net loss of Rs 1,349 crore in the quarter ended March 2021

Central Bank of India back in black, logs Rs 310-crore profit in Q4

State-owned Central Bank of India on Monday reported a standalone net profit of Rs 310 crore in quarter ended March 2022, on the back of less provisioning for bad loans.

Central Bank of India reports Q4 net of Rs 310 cr on lower provisions

New Delhi State-owned Central Bank of India on may 9 reported a standalone net profit of ₹310 cror

Central Bank of India returns to black with ₹310 crore net profit in March quarter; FY22 net at ₹1,045 crore

The public sector bank reported net profit of ₹1,045 crore in FY22 against net loss of ₹888 crore in FY21

Central Bank of India reports ₹310 cr net profit in Q4FY22

Central Bank of India reported a net profit of Rs 310.31 crore in Q4 FY22 as against a net loss of Rs 1,349.21 crore in Q4 FY21.

Central Bank of India records PAT of Rs 310 crore in Q4

UPL, PVR, Godrej Agrovet, Infibeam Avenues, Dalmia Bharat, 3i Infotech, Aarti Drugs, BASF India, Borosil, Central Bank of India, CMS Info Systems, Craftsman Automation, Vedant Fashions, Suven Pharmaceuticals are among the key companies scheduled to release their quarterly earnings today

Stocks to Watch: Reliance Industries, HCL Tech, LTI, Mindtree, Tata Power

Central Bank of India, in an exchange filing, noted the reported branch closure plan but said, “We hereby inform that there is no decision as of now to close a large number of branches during FY 2022-23.”

Not yet decided on branch closures, says Central Bank of India

Central Bank of India further said that it is a routine exercise for every bank to realign, shift, merge, close or open branches on regular basis to achieve corporate business objectives

No decision as of now to shut any branch in FY 2022-23: Central Bank of India

On Thursday, Reuters cited sources and a document saying the bank was looking to reduce the number of branches by 600, or 13% of the total, by either shutting or merging loss-making branches by the end of March 2023.

Central Bank of India says not yet decided on branch closures

Central Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.

Central Bank of India Ltd

Central Bank of India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Govt committed to privatisation of two public sector banks: Report

Is Central Bank Planning To Close 600 Branches Across India? What We Know So Far

Central Bank of India back in black, logs Rs 310-crore profit in Q4

Central Bank of India reports Q4 net of Rs 310 cr on lower provisions

Central Bank of India returns to black with ₹310 crore net profit in March quarter; FY22 net at ₹1,045 crore

Central Bank of India reports ₹310 cr net profit in Q4FY22

Central Bank of India records PAT of Rs 310 crore in Q4

Stocks to Watch: Reliance Industries, HCL Tech, LTI, Mindtree, Tata Power

Central Bank of India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Govt committed to privatisation of two public sector banks: Report

Is Central Bank Planning To Close 600 Branches Across India? What We Know So Far

Central Bank of India back in black, logs Rs 310-crore profit in Q4

Central Bank of India reports Q4 net of Rs 310 cr on lower provisions

Central Bank of India returns to black with ₹310 crore net profit in March quarter; FY22 net at ₹1,045 crore

Central Bank of India reports ₹310 cr net profit in Q4FY22

Central Bank of India records PAT of Rs 310 crore in Q4

Stocks to Watch: Reliance Industries, HCL Tech, LTI, Mindtree, Tata Power

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock