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Central Bank of India rises on inking pact with PPFAS Asset Management Company

Central Bank Of India | Bank - Public | BFSI | BSE: 532885 | NSE: CENTRALBK

20 Mar 2024 Evaluate

Central Bank of India is currently trading at Rs. 57.31, up by 0.17 points or 0.30% from its previous closing of Rs. 57.14 on the BSE.

The scrip opened at Rs. 57.66 and has touched a high and low of Rs. 58.20 and Rs. 55.80 respectively. So far 682154 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 76.85 on 07-Feb-2024 and a 52 week low of Rs. 22.25 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 61.70 and Rs. 52.62 respectively. The current market cap of the company is Rs. 49724.42 crore.

The promoters holding in the company stood at 93.08%, while Institutions and Non-Institutions held 2.87% and 4.05% respectively.

Central Bank of India has entered into a distributorship Agreement with PPFAS Asset Management Company for distribution of their Mutual Fund Products to its customers on Do it yourself (DIY) model. The participation by both the entities in this arrangement will result in offering the customers of Central Bank of India, an opportunity to unlock the value of their savings through various mutual fund products offered by PPFAS Asset Management Company.

PPFAS Asset Management Company (PPFAS AMC) has been promoted by Parag Parikh Financial Advisory Services, and incorporated in year 2011 is in the asset management space offering Mutual Fund Products under six schemes. Overall, the Fund House handles over Rs 66,000 crore of AUM as on February 29, 2024.

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..

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Central Bank of India rises on inking pact with PPFAS Asset Management Company

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