Central Bank of India is a major public sector bank and one of the oldest commercial banks in India. Founded in the year 1911 to cater to the banking needs of the Indian public, it was the first commercial bank to be wholly-owned and managed by Indians. The bank was nationalised by the Government of India in the year 1969. Presently, the Government of India holds majority stakes in the bank. Despite the name, Central Bank of India is not India’s central bank.
| Particular | Details |
| Bank Name | Central Bank of India |
| Type | Public Sector |
| Founded | 21st December 1911 |
| Founder | Sir Sorabji Pochkhanawala |
| Headquarters | Mumbai, Maharashtra, India |
| MD & CEO | Kalyan Kumar |
| Chairman | Tapan Ray |
| Regulator | RBI |
| Services | Retail Banking, MSME Banking, Agriculture Banking, Investments and more |
| Branch Network | 4,541 |
| Customer Base | 8.18 crore |
| Total Deposits | INR 4.50 lakh crore |
| Total Advances | INR 3.24 lakh crore |
| CASA Ratio | 47.12% |
| Bank Type Focus | Agriculture and MSME Lending, Government Schemes |
| Official Website | www.centralbank.bank.in |
Net Worth and Market Cap
Net Worth of Central Bank of India was approximately INR 40,098 crore in mid-2025. The current market capitalisation of the bank is INR 32,866.01 crore.
Corporate Leadership
Kalyan Kumar is serving as the Managing Director and CEO of Central Bank of India since September 2025. Tapan Ray is the Non-Executive Chairman, while M.V Murali Krishna, Mahendra Dohare and E Ratan Kumar are the three Executive Directors of the bank.
Summary of Banking Products and Services
Central Bank of India provides a wide range of products and services for individual customers, businesses, MSMEs, farmers, corporates and government-backed segments. It focuses on priority sector lending and government schemes.
MSME banking offerings include tailored loans with faster approvals and women entrepreneur support cell. Agriculture or rural banking services include kisan credit card, agri gold loan, infrastructure scheme and bank linkage for self help groups.
Standard corporate banking offerings include trade finance, cash management, term loans and working capital. Furthermore, the bank offers mutual funds, sovereign gold bonds and other investment products, alongside government schemes like NPS.
Account options are numerous. They include savings accounts like Cent Queen Savings Account and Cent Prestige Salary Account, and current accounts like RERA CD account for real estate. Retail loan offerings include housing loans, vehicle loans, personal loans, education loans and senior citizen loans.
Scale of Operations
Central Bank of India is headquartered in Mumbai, Maharashtra, India. Its distribution network, comprising of 4,541 branches and 10 satellite offices, covers all the 28 states and 7 out of 8 union territories in India.
