FilingReader Intelligence
Central Bank of India declares interim dividend, acquires insurers
July 19, 2025 at 08:50 AM UTC•By FilingReader AI
Central Bank of India declared an interim dividend of 2% (₹0.20 per share) after reporting net profit of ₹1,169 crore for the first quarter of FY2025-26.
The bank acquired equity stakes in Future Generali General Insurance and Future Generali Life Insurance through a corporate insolvency resolution process in June, making them associate companies.
A change in depreciation method from written down value to straight line boosted net profit by ₹58 crore.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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BSE:CENTRALBK•Bombay Stock Exchange
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