Central Bank of India announces Dividend of 2%

The Board of Directors of Central Bank of India, in its meeting held on Friday, October 17, 2025, in Mumbai, has approved a second interim dividend of 2%, i.e., ₹0.20 per equity share having a face value of ₹10 each for the financial year 2025-26. The Bank has fixed Monday, October 27, 2025, as the Record Date to determine the eligibility of shareholders entitled to receive this second interim dividend.

Central Bank of India on Friday reported a 33 per cent growth in net profit to Rs 1,213 crore for the second quarter ended September 30. The bank had a net profit of Rs 913 crore in the July-September quarter of FY25. Total business grew by 14.43 per cent to over Rs 7.38 lakh crore from over Rs 6.45 lakh crore. Total deposits were up by 13.40 per cent to over Rs 4.44 lakh crore against Rs 3.92 lakh crore. Gross NPA stood at 3.01 per cent as of Q2 FY26, compared to 4.59 per cent in the year-ago period, registering an improvement of 158 basis points.

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Why Banks give Dividend?

A dividend is a portion of a company’s profits that is distributed to its shareholders as a reward for their investment in the company. It reflects the company’s financial health and its commitment to sharing success with investors. Companies, including banks, pay dividends to show stability, profitability, and confidence in their future earnings. Regular dividend payments also help build investor trust and attract long-term shareholders. By giving dividends, a company not only rewards its investors but also sends a positive signal to the market that it is performing well and generating consistent profits while maintaining a balance between business growth and shareholder returns.