Central Bank of India — Board Meeting, 28-04-2025: Outcome of Board Meeting

The Board of Directors of Central Bank of India has approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025. A final dividend of 1.875% (₹0.1875 per equity share of ₹10 each) has been proposed, subject to shareholder approval at the upcoming AGM. Additionally, the Bank is planning to raise ₹5,000 crore through various means, including a Follow-on Public Offer or Rights issue. Notably, the net profit for the year stood at ₹3,785 crore, with a capital adequacy ratio of 17.02%. The total assets amount to ₹4,79,128 crore.