Central Bank of India: Intimation about withdrawal of Credit Rating
Central Bank of India (CENTRALBK) filed a disclosure titled "Intimation about withdrawal of Credit Rating". The company is valued at about ₹27,552 crore.
What happened
Central Bank of India (CENTRALBK) filed a disclosure with the exchanges on 8 October 2026 at 03:05 PM titled "Intimation about withdrawal of Credit Rating".
From the filing: "Type of In strument Size of Issue ( Amt . in crore) R ating Action 1 Long-Term Issuer Rating - Withdrawn 2 Proposed Basel III Tier II Bonds ₹ 1000 Withdrawn Note: ₹ 1000 Crore is un-utilised."
Company snapshot
Central Bank of India is a small-cap company in the Financial Services sector, with a market value of about ₹27,552 crore.
The stock last traded at ₹30.44, against a 52-week range of ₹29.32–₹40.92 (25.6% below the high).
Before this filing the shares had moved −1.7% over the month and −6.6% over three months. Average daily turnover over the last 20 sessions was about ₹20.35 crore.
Promoters held 81.19% at the end of Q1 FY27. Foreign institutions owned 0.93% and domestic institutions 10.94%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 10,410 | 1,282 | 1.42 |
| Q2 FY26 | 10,284 | 1,231.8 | 1.36 |
| Q3 FY26 | 11,007 | 1,264.3 | 1.4 |
| Q4 FY26 | 10,859 | 745.7 | 0.82 |
| Q1 FY27 | 10,714 | 1,323.1 | 1.46 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
Across 188 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.2% over five days; 46% of them rose the next day.
Market-wide, 1,237 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Central Bank Gold Statistics: Central banks continue summer spree in August | Post by Marissa Salim | Insights
- India central bank's FX blitz drains nearly $20 billion from surplus liquidity, bankers say
- Central Bank of India logs robust 29.83% jump in global advances in Q2FY27
- Central Bank Releases Q2 Business Results; Total Business Grows 20.55% to ₹8,89,621 Crore
- Central Bank of India shareholders approve ₹7,000 crore equity raise
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.