SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Central Bank of India trades jubilantly as RBI removes bank from PCA framework

21 Sep 2022 Evaluate

Central Bank of India is currently trading at Rs. 21.80, up by 1.45 points or 7.13% from its previous closing of Rs. 20.35 on the BSE.

The scrip opened at Rs. 23.50 and has touched a high and low of Rs. 23.50 and Rs. 21.55 respectively. So far 6014649 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 25.15 on 30-Sep-2021 and a 52 week low of Rs. 16.10 on 16-Jun-2022.

Last one week high and low of the scrip stood at Rs. 23.50 and Rs. 19.90 respectively. The current market cap of the company is Rs. 18967.85 crore.

The promoters holding in the company stood at 93.08%, while Institutions and Non-Institutions held 2.90% and 4.02% respectively.

Central Bank of India has been removed from the Prompt Corrective Action (PCA) framework by Reserve Bank of India (RBI), subject to certain conditions and continuous monitoring. As per the assessed figures of the bank for the year ended March 31, 2022, the bank is not in breach of the PCA parameters. Further, the bank has provided a written commitment that it would comply with the norms of minimum regulatory capital, net non-performing asset and leverage ratio on an ongoing basis.

The bank was the only bank under the RBI's PCA framework. It was put under the PCA framework in June 2017 due to its high net non-performing assets (NPAs) and low Return on Assets. PCA is triggered when banks breach certain regulatory requirements such as return on asset, minimum capital and quantum of the non-performing assets including on lending, management compensation and directors' fees.

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


CentralBank of India Share Price

36.07 0.23 (0.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×