Credit Analysis & Research (CARE) has revised AA- rating to Central Bank of India’s Lower Tier II Bonds worth Rs 1437.3 crore from AA and A+ rating to Upper Tier II Bonds worth Rs 2285.0 crore from AA-.
The rating revision takes into account deterioration in asset quality and weak profitability parameters. The rating also factors in the majority ownership and capital support by the GoI, extensive branch network and comfortable CASA base. Continued ownership and support from GoI, asset quality and profitability are the key rating sensitivities.
Central Bank of India has been serving more than 3,50,00,000 account holders through its 4,400 branches, 6 extension counters, 29 Satellite offices, 1,970 ATMs and 2,413 ultra small branches (USBs).
| Company Name | CMP |
|---|---|
| SBI | 979.65 |
| PNB | 105.65 |
| Bank Of Baroda | 271.35 |
| Canara Bank | 133.00 |
| Union Bank Of India | 166.55 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: