ICRA reaffirms AA rating on Central Bank of India bonds, stable outlook maintained

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Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹30.40

prior close

₹30.10

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.8%+2.1% vs market

Public Sector Bank peers, median of 11sector-1.4%+1.7% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Smallcap 250 and 1.7 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Smallcap 250Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ICRA has reaffirmed credit ratings on Central Bank of India debt instruments: Basel III Tier II bonds at AA with stable outlook (Rs 3,000 crore) and Tier I bonds at AA minus with stable outlook (Rs 1,000 crore). The reaffirmation reflects sovereign ownership (Government of India at 81.19 percent stake after May 2026 OFS), improving asset quality with gross NPAs falling to 2.67 percent in FY2026, strong CET 1 ratio of 15.61 percent, and healthy liquidity. FY2026 profit rose to Rs 4,369 crore from Rs 3,785 crore in FY2025.

Likely market impact

Stable credit profile, no rating change or negative triggers, supportive for bond investors and reflects steady fundamentals.