HDFC Bank Ltd.

ICICI Bank Ltd.

ITC Ltd.

Reliance Industries Ltd.

Tata Motors Ltd.

Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realization of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'.

In 2008 Central Bank of India entered into distribution tie up with Kotak Mahindra Asset Management Company. Under this agreement it will offer entire products of Kotak Mutual Fund products from the bank's branches.

Central Bank of India has signed a Memorandum of Understanding with WMG, an Academic Department, University of Warwick. The MOU provides for several areas of cooperation including provision of fast-track loans for Indian students studying at WMG and the building of cooperative relationships between UK and Indian business and also the development of a low cost housing project.

Business area of the bank

Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The products and services offered by the bank includes Individual and NRI- under which the bank offers wide range of product and services such as saving account, deposits, mutual funds, debit card, credit card, NRI account, Money transfer facility, Remittance facility, various loan facilities, senior citizen account, etc.For corporates it offers various products and services such as corporate accounts, loans, RTGS, NEFT, CMS, etc. 

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
CENTRALBK	27.05(1.3%)	23,213	0.9	14.7	-38.4	-34.7
PSB	32.3(0.9%)	21,641	1.5	16.5	10.4	10.1
MAHABANK	30.4(3.1%)	19,828	1.4	7.6	18.3	19.4
BANKINDIA	73.75(-1.7%)	30,699	0.6	7.6	8.4	7.6
UCOBANK	26.25(0.2%)	31,301	1.4	16.8	9.1	8.6
INDIANB	269.9(0.0%)	33,608	0.8	6.4	11.2	13.0
IOB	24.5(1.4%)	45,687	2.3	21.8	8.4	9.8
UNIONBANK	71.35(1.3%)	48,096	0.7	5.7	9.4	8.3
CANBK	310(0.7%)	55,848	0.8	5.3	10.9	10.0
PNB	51.9(1.4%)	56,641	0.6	22.6	30.0	25.4
BANKBARODA	185.4(1.0%)	94,946	1.0	6.7	10.6	8.8
SBIN	579.7(-2.2%)	5,29,096	1.8	10.5	9.6	10.6

Peer Comparison