Total Networth

350.24 Cr.

Headquartered in Mumbai, the Central Bank of India was established in 1911 and was nationalised in 1969. The public sector bank provides a plethora of banking products and services to both resident Indian individuals and Non-Resident Indians. Incidentally, the Central Bank of India is also one of the largest institutional investors that the Indian stock market has seen. The bank’s total investment value as of February 2024 is around Rs. 780 crores, with holdings in sectors like telecommunications, cement & construction, and food, beverages & tobacco. The major stock holdings of the Central Bank of India are Jaiprakash Power Ventures Limited, SEPC Ltd., Bajaj Hindusthan and GTL Infrastructure Limited.