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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comCentral Bank of India is one of India’s oldest public sector banks, playing a vital role in the country’s banking and financial system. Over the past few years, the bank has gone through a major transformation phase focused on balance sheet clean-up, reduction in NPAs, improvement in capital adequacy, and strengthening of core banking operations. With India’s credit growth cycle gaining momentum and PSU banks regaining investor confidence, Central Bank of India has re-emerged as a turnaround-focused banking stock.
Supported by strong government backing, improving asset quality, and rising demand for retail and MSME loans, Central Bank of India is gradually strengthening its fundamentals. In this article, we analyze Central Bank of India share price targets from 2026 to 2030 based on current market data, banking sector trends, shareholding pattern, and long-term growth outlook.
| Detail | Value |
|---|---|
| Open | ₹36.95 |
| Previous Close | ₹36.78 |
| Day’s High | ₹37.24 |
| Day’s Low | ₹36.70 |
| VWAP | ₹37.03 |
| 52-Week High | ₹56.47 |
| 52-Week Low | ₹32.75 |
| All-Time High | ₹212.16 |
| All-Time Low | ₹10.10 |
| Upper Circuit Limit | ₹44.13 |
| Lower Circuit Limit | ₹29.43 |
| Market Capitalization | ₹33,607 Cr |
| Volume | 49,72,009 |
| Value (Lacs) | 1,846.11 |
| 20D Avg Volume | 54,72,427 |
| 20D Avg Delivery (%) | 38.53% |
| Face Value | ₹10 |
| Book Value Per Share | ₹36.41 |
| Dividend Yield | 0.51% |
| Beta | 1.22 |
The stock is currently trading close to its book value, indicating a balanced valuation compared to historical PSU banking cycles.
Established in 1911, Central Bank of India is a government-owned public sector bank providing a wide range of banking and financial services, including retail banking, corporate lending, MSME financing, agricultural loans, and treasury operations. The bank has a vast domestic network, allowing it to serve both urban and rural customers efficiently.
In recent years, the bank has focused on reducing stressed assets, improving recovery mechanisms, and strengthening risk management practices. These efforts have helped restore investor confidence and improve overall financial stability.
With the Government of India holding a majority stake, the bank benefits from capital support and policy stability.
Continuous reduction in NPAs and better provisioning have strengthened the balance sheet.
Rising demand for retail, MSME, and infrastructure loans supports long-term growth.
Increased adoption of digital channels improves efficiency and customer reach.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 89.27% |
| Retail & Others | 4.98% |
| Other Domestic Institutions | 4.61% |
| Foreign Institutions | 0.87% |
| Mutual Funds | 0.26% |
High promoter holding ensures stability, while gradual institutional participation may increase as profitability improves.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 50 | 60 |
| 2027 | 62 | 72 |
| 2028 | 75 | 88 |
| 2029 | 90 | 105 |
| 2030 | 110 | 130 |
These estimates consider improving return ratios, stable asset quality, and a favorable banking sector outlook.
By 2026, steady credit growth and better margins may reflect in improved earnings.
Growth Drivers:
Expansion in retail and MSME lending
Improved net interest margins
Stable asset quality
Investment View: Suitable for medium-term investors seeking PSU bank recovery plays.
In 2027, the bank may benefit from stronger profitability and improved capital efficiency.
Growth Drivers:
Lower credit costs
Increased fee-based income
Better operating leverage
Investment View: Attractive for investors focusing on turnaround-based PSU banking stocks.
By 2028, consistent performance may lead to valuation re-rating closer to peers.
Growth Drivers:
Sustained loan growth
Improved ROA and ROE
Increased digital penetration
Investment View: Balanced risk-return profile for long-term investors.
As India’s economy expands, PSU banks with strong balance sheets may see stable growth.
Growth Drivers:
Infrastructure and corporate credit revival
Stable macroeconomic environment
Strong deposit franchise
Investment View: Suitable for investors seeking steady compounding.
By 2030, Central Bank of India could emerge as a well-capitalized, profitable PSU bank.
Growth Drivers:
Long-term credit demand growth
Improved shareholder returns
Strong government and regulatory support
Investment View: Ideal for long-term investors looking for value and stability.
Central Bank of India offers exposure to India’s expanding banking sector with the added security of government ownership. While PSU bank stocks can be volatile, improving fundamentals and favorable economic conditions support a positive long-term outlook.
Strong government backing
Improving balance sheet and profitability
Beneficiary of India’s credit growth
Reasonable valuation near book value
Rising NPAs during economic slowdowns
Margin pressure due to interest rate changes
PSU banking sector volatility
Monitoring quarterly results and asset quality trends is essential for informed investment decisions.
Central Bank of India is steadily moving out of its legacy stress phase toward sustainable growth. With improving asset quality, expanding loan book, and strong policy support, the bank is well-positioned to benefit from India’s long-term economic expansion. Based on current assumptions, Central Bank of India share price could potentially range between ₹110 and ₹130 by 2030.
For investors seeking long-term exposure to the PSU banking sector with turnaround potential, Central Bank of India presents a compelling opportunity.
This article is for educational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
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