Central Bank of India — Credit Ratings, 12-12-2025: Credit Rating

CARE Ratings reaffirmed Central Bank of India's Certificate of Deposits at CARE A1+. The reaffirmation reflects continued strong Government of India support and majority ownership. Improved capitalization from ₹21,835 Cr GoI infusion and a recent ₹1,500 Cr equity raise, along with strengthening internal accruals, supported the rating. The bank also shows improving asset quality and profitability.