Intrinsic Value

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

Returns 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

Co-lending pact between Agriwise Finserv and Central Bank of India seeks to disburse agri loans speedily

NBFC Agriwise Finserv partners Central Bank of India for agri loan disbursals

IOB and CBI was in news that the government has shortlisted the two banks for privatisation.

Indian Overseas Bank, Central Bank of India clarify on privatisation buzz; Stocks under pressure

Banks clarify no such negotiation or event taking place

Shares of IOB, Central Bank of India surge on reports of privatisation

Earlier in the Union Budget Finance minister Nirmala Sitharaman announced that two public sector banks would be privatised this financial year.

Central Bank of India, Indian Overseas Bank close sharply higher on disinvestment buzz, banks deny having knowledge on the matter

All stocks listed on Nifty PSU Bank were in the green with gains starting over 0.5% to robust nearly 12%.

Nifty PSU Bank in the fast lane, index soars near 2%; Indian Overseas Bank, Central Bank of India surge 11-12% on privatisation hopes

The clarification comes a day after Centre’s legislative agenda for Winter Session hinted at tabling of Banking Laws (Amendment) Bill 2021 bill for privatisation of two public sector banks

Indian Overseas Bank, Central Bank of India clarify on privatisation buzz

Shares of both state-owned banks rallied up to 20 per cent on the BSE

Indian Overseas Bank, Central Bank of India clarify on privatisation reports

Bank Privatisation: Centre set to privatise Central Bank of India and Indian Overseas Bank. Get Updates on Banking Law Amendments, Parliament winter session schedule, bank privatisation Bill at news18.com

Bank Privatisation: Govt Takes First Step to Introduce New Bill to Amend Banking Law

The privatisation plan was announced in the Union budget for 2021-22 as a part of the government’s broader divestment goals for FY22. It includes privatisation of several other non-financial state-owned entities

This Is Why IOB, Central Bank Of India Shares Jumped 15-20% Today

BLS International Services rose 3.55% to Rs 218.90 after the company said its subsidiary Starfin India is empanelled as corporate business correspondent of Punjab National Bank and Central Bank of India.

BLS Intl jumps after subsidiary appointed as corporate BC of 2 banks

Indian Overseas Bank, Central Bank of India, Vakrangee Ltd and Aurum Proptech Ltd are among the other gainers in the BSE’s ‘A’ group today, 24 November 2021.

Elgi Equipments Ltd leads gainers in ‘A’ group

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

Returns 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 return on equity 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

NBFC Agriwise Finserv partners Central Bank of India for agri loan disbursals

Indian Overseas Bank, Central Bank of India clarify on privatisation buzz; Stocks under pressure

Shares of IOB, Central Bank of India surge on reports of privatisation

Central Bank of India, Indian Overseas Bank close sharply higher on disinvestment buzz, banks deny having knowledge on the matter

Nifty PSU Bank in the fast lane, index soars near 2%; Indian Overseas Bank, Central Bank of India surge 11-12% on privatisation hopes

Indian Overseas Bank, Central Bank of India clarify on privatisation buzz

Indian Overseas Bank, Central Bank of India clarify on privatisation reports

Bank Privatisation: Govt Takes First Step to Introduce New Bill to Amend Banking Law

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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

NBFC Agriwise Finserv partners Central Bank of India for agri loan disbursals

Indian Overseas Bank, Central Bank of India clarify on privatisation buzz; Stocks under pressure

Shares of IOB, Central Bank of India surge on reports of privatisation

Central Bank of India, Indian Overseas Bank close sharply higher on disinvestment buzz, banks deny having knowledge on the matter

Nifty PSU Bank in the fast lane, index soars near 2%; Indian Overseas Bank, Central Bank of India surge 11-12% on privatisation hopes

Indian Overseas Bank, Central Bank of India clarify on privatisation buzz

Indian Overseas Bank, Central Bank of India clarify on privatisation reports

Bank Privatisation: Govt Takes First Step to Introduce New Bill to Amend Banking Law

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

Returns 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 return on equity 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