Central Bank of India is currently trading at RS. 38.45, up by 0.53 points or 1.40% from its previous closing of RS. 37.92 on the BSE.
The stock opened at RS. 38.00 and recorded a high of RS. 38.50 and a low of RS. 37.88. So far, 2,92,638 shares have been traded.
This BSE group 'A' stock with a face value of RS. 10 has touched a 52-week high of RS. 61.89 on December 6, 2024, and a 52-week low of RS. 32.81 on May 9, 2025. Over the past week, the scrip’s high and low stood at RS. 38.50 and RS. 37.43, respectively. The company’s current market capitalization is RS. 34,458.68 crore.
Promoter holding stands at 89.27%, while institutions and non-institutions hold 6.03% and 4.70% respectively.
The bank has entered a strategic partnership with C2FO Factoring Solutions to facilitate Trade Receivables Discounting System (TReDS) services for MSMEs across India. This collaboration aims to enhance liquidity and financial inclusion for small and medium enterprises.
Through this tie-up, Central Bank of India will use C2FO Factoring Solutions’ licensed TReDS platform, branded as C2Treds, to provide seamless invoice discounting services. The initiative supports the Reserve Bank of India’s objective to expand digital financing and ensure transparent trade receivables management.
C2FO Factoring Solutions received RBI approval on March 4, 2024, to operate as a TReDS platform under the name C2Treds. C2FO, a US-based company established in 2010, has since expanded its operations globally.
Central Bank of India operates as a commercial bank with segments in Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and other banking services.