Central Bank of India has established itself as a premier financial organization in India, offering a diverse array of banking and financial services to its clients. As the banking industry continues to evolve, the Central Bank of India has been at the forefront of implementing new technologies and innovative financial solutions.
With the recent launch of the RBI retail CBDC, the bank has generated over 750,000 transactions so far, demonstrating its commitment to providing cutting-edge services to its customers.
In this article, we will discuss the Central Bank of India share price target for the years 2023 to 2030, and explore whether the bank is a good auto stock to buy.
We will analyze the bank’s performance, growth prospects, and key factors that are likely to impact the Central Bank of India’s share price in the coming years.
About the Bank
Central Bank of India is one of the biggest commercial banks in India. It was founded on 21 December 1911. The bank was nationalized by the Government of India in 1969. The bank has extensive international operations with branches in Singapore, Hong Kong, Nairobi, London, and New York. It also has representative offices in Shanghai, Dubai, and Abu Dhabi.
The Central Bank of India has a long and distinguished history of over 100 years. Its inception was based on the need for an Indian-owned bank that could play a major role in the economic development of the country.
In 1969, the bank was nationalized and is now a public sector bank. In the years that followed, the bank has grown from strength to strength and has established itself as one of the leading players in the banking sector.
The CBI has established strong partnerships with other law enforcement agencies both within India and internationally, which has helped it to better serve the people of India by sharing information and resources
Today, the Central Bank of India is a major player in the Indian banking sector and is one of the top five public sector banks in the country. The CBI has established strong partnerships with other law enforcement agencies both within India and internationally, which has helped it to better serve the people of India by sharing information and resources
CBI Price Stock Price History
The Central Bank of India has a long and distinguished history. It opened its first branch in 1912 and slowly expanded its network over the years. The bank has also launched several innovative banking products and services over the years. It was the first Indian bank to introduce ATM services in 1987. The bank is also one of the largest players in the country’s retail banking sector.
The stock price of the Central Bank of India has seen a steady rise since its initial public offering (IPO) in 1992. It touched its highest price of Rs. 128 in June 2007. Since then, the stock has been on a downward trend and is currently trading at around Rs. 32.55.
Central Bank of India (CBI) in recent news
- RBI retail CBDC generates over 750,000 transactions So far. [9-feb-2023]
- India central bank hikes rate 25 bps as expected. [9-feb-2023]
How to buy Central Bank of India shares? [Online / Offline]
- Open a Demat and Trading Account: The first step in buying shares of the Central Bank of India is to open a Demat and Trading Account. This can be done with the help of a stockbroker or a financial institution that provides these services.
- Fund Your Trading Account: Once the demat and trading accounts are opened, the next step is to fund the trading account. This can be done through various methods such as net banking, cheque payments, or NEFT/RTGS transfers.
- Place an Order: Once the account is funded, log into the trading account and place an order to buy Central Bank of India shares. Here, you will need to specify the number of shares, the price limit, and the duration of the order.
- Monitor the Order: After placing the order, monitor it until it is either filled or the duration lapses. If the order is not filled in the given time, you may need to cancel the order and modify the price or the number of shares.
- Delivery of Shares: Once the order is filled, the shares purchased will be credited to your demat account. You will receive a confirmation message once the process is completed.
Some of the online trading platforms are:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Central Bank of India Share Price Prediction 2023 to 2030
Central Bank of India Share Price Target 2023 is ₹44.54
| CBI Share Price | Maximum Price | Minimum Price |
| February 2023 | ₹33.20 | ₹25.54 |
| March 2023 | ₹24.90 | ₹19.15 |
| April 2023 | ₹27.39 | ₹21.07 |
| May 2023 | ₹22.83 | ₹17.56 |
| June 2023 | ₹27.39 | ₹21.07 |
| July 2023 | ₹32.87 | ₹25.28 |
| August 2023 | ₹36.16 | ₹27.81 |
| September 2023 | ₹37.96 | ₹29.20 |
| October 2023 | ₹36.16 | ₹27.81 |
| November 2023 | ₹39.77 | ₹30.59 |
| December 2023 | ₹44.54 | ₹34.26 |
The Central Bank of India’s share price prediction for 2023 has shown an upward trend, with the maximum price reaching as high as ₹44.54 in December 2023.
The minimum price, on the other hand, has remained relatively stable, with a low of ₹17.56 in May 2023. This suggests a growth percentage of approximately 64% from the minimum to the maximum price over the course of the year.
The bullish sentiment surrounding the Central Bank of India’s stock is evident in the uptrend displayed in the table, making it a promising investment opportunity for investors.
Overall, the share price prediction for 2023 points to a positive outlook for the Central Bank of India’s stock performance.
Central Bank of India’s Share Price Target for 2024 is ₹62.36
| when | Maximum Price | Minimum Price |
| January 2024 | ₹46.89 | ₹36.07 |
| February 2024 | ₹52.68 | ₹43.90 |
| March 2024 | ₹55.46 | ₹45.09 |
| April 2024 | ₹50.42 | ₹38.78 |
| May 2024 | ₹42.01 | ₹32.32 |
| June 2024 | ₹50.42 | ₹38.78 |
| July 2024 | ₹42.85 | ₹33.22 |
| August 2024 | ₹47.14 | ₹37.41 |
| September 2024 | ₹49.49 | ₹38.07 |
| October 2024 | ₹58.23 | ₹44.79 |
| November 2024 | ₹61.14 | ₹47.03 |
| December 2024 | ₹62.36 | ₹47.97 |
The Central Bank of India’s share price target for 2024 is optimistic, with the maximum price expected to reach ₹62.36 in December 2024 and a minimum price of ₹32.32 in May 2024. This represents a growth of approximately 93% from the minimum to the maximum price over the course of the year.
The table displays a general uptrend in the CBI’s share price, indicating a bullish sentiment among investors. The maximum and minimum share price targets for 2024 suggest a stable performance for the Central Bank of India’s stock, making it a potential investment opportunity for investors looking to diversify their portfolios.
With a range of financial services and a commitment to innovation, the Central Bank of India’s share price target for 2024 is worth monitoring for anyone interested in investing in the banking sector.
Central Bank of India’s Share Price Target for 2025 is ₹75.65
| When | Maximum Price | Minimum Price |
| January 2025 | ₹63.61 | ₹48.93 |
| February 2025 | ₹66.96 | ₹51.51 |
| March 2025 | ₹70.31 | ₹54.08 |
| April 2025 | ₹62.77 | ₹48.29 |
| May 2025 | ₹57.07 | ₹43.90 |
| June 2025 | ₹62.77 | ₹48.29 |
| July 2025 | ₹59.78 | ₹45.99 |
| August 2025 | ₹62.28 | ₹47.90 |
| September 2025 | ₹65.39 | ₹50.30 |
| October 2025 | ₹69.31 | ₹53.32 |
| November 2025 | ₹74.16 | ₹57.05 |
| December 2025 | ₹75.65 | ₹58.19 |
If the share price continues to grow at this pace, we can assume that the Central Bank of India’s share price might reach ₹75.65 by the end of 2025. The share price is expected to increase steadily throughout the year, with particularly high growth potential in November. These projections suggest that investing in the Central Bank of India’s shares in 2025 could also be a profitable opportunity. The CBI has taken steps to improve its transparency and accountability, and it now operates more openly and transparently. This has helped to build trust with the public and has improved the reputation of the agency
Central Bank of India Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹52.95 | ₹37.07 |
| 2027 | ₹45.01 | ₹31.51 |
| 2028 | ₹81.02 | ₹56.71 |
| 2029 | ₹166.43 | ₹116.50 |
| 2030 | ₹185.34 | ₹129.74 |
The Central Bank of India’s share price target for the years 2026 to 2030 is positive, with a maximum price expected to reach ₹185.34 in 2030 and a minimum price of ₹31.51 in 2027. This represents a growth of approximately 493% from the minimum to the maximum price over the course of the five years.
The table displays a generally upward trend in the CBI’s share price, indicating a bullish sentiment among investors.
The maximum and minimum share price targets for 2026 to 2030 suggest steady growth and stability for the Central Bank of India’s stock, making it a promising investment opportunity for long-term investors.
With a commitment to innovation and a wide range of financial services, the Central Bank of India’s share price target for 2026 to 2030 is worth considering for anyone looking to invest in the banking sector.
Central Bank of India Financial Condition: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing | Best Case | Worst Case |
| Sales | 24,163.12 | 22,748.62 | 23,675.59 | 22,829.53 | 22,903.34 | 24,301.27 | 24,301.27 | 22,405.29 |
| Expenses | 14,015.28 | 14,580.07 | 12,135.26 | 12,419.33 | 10,476.55 | 11,414.76 | 11,414.76 | 12,255.56 |
| Operating Profit | 10,147.84 | 8,168.55 | 11,540.33 | 10,410.20 | 12,426.79 | 12,886.51 | 12,886.51 | 10,149.72 |
| Other Income | 2,620.41 | 2,416.33 | 3,622.40 | 2,994.37 | 2,985.94 | 2,936.94 | – | – |
| Depreciation | 260.50 | 277.93 | 285.48 | 292.53 | 296.76 | – | – | – |
| Interest | 17,603.32 | 15,934.66 | 16,004.56 | 14,542.96 | 13,360.88 | 13,642.78 | 13,642.78 | 13,642.78 |
| Profit before tax | -5,095.57 | -5,627.71 | -1,127.31 | -1,430.92 | 1,755.09 | 2,180.67 | -756.27 | -3,493.06 |
| Tax | – | – | – | -436.03 | 672.13 | 829.23 | 38% | 38% |
| Net profit | -5,139.60 | -5,616.93 | -1,255.72 | -1,000.11 | 1,075.79 | 1,430.04 | -468.69 | -2,164.77 |
| EPS | -19.63 | -13.88 | -2.20 | -1.70 | 1.24 | 1.65 | -0.54 | -2.49 |
| Price to earning | -3.69 | -2.57 | -5.57 | -9.58 | 14.81 | 19.70 | 19.70 | 16.89 |
| Price | 72.35 | 35.65 | 12.25 | 16.30 | 18.35 | 32.45 | -10.64 | -42.13 |
| Dividend Payout | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||
| OPM | 42.00% | 35.91% | 48.74% | 45.60% | 54.26% | 53.03% |
Central Bank of India has seen a fluctuation in its financial performance over the last five years.
From a revenue growth perspective, the bank’s sales have decreased from ₹24,163.12 in March 2018 to ₹22,903.34 in March 2022. However, the bank’s operating profit has increased from ₹10,147.84 in March 2018 to ₹12,426.79 in March 2022, with a maximum growth of 54.26% in March 2022 and a minimum growth of 35.91% in March 2019.
Despite the fluctuation in profit, the bank has not paid out any dividends over the last five years. The bank has also seen a decline in its net profit, with a maximum loss of ₹5,139.60 in March 2018 and a minimum loss of ₹1,000.11 in March 2021.
In terms of Price to Earnings, the bank has seen a maximum of 19.70 in March 2022 and a minimum of -42.13 in March 2022.
Overall, while Central Bank of India has seen fluctuations in its revenue and profit, it has shown a positive growth in operating profit and a significant increase in Price to Earnings.
FAQS
Will the share price of the Central Bank of India grow in 2023?
Yes, according to the trend, the share price of the Central Bank of India will grow and reach ₹44.54 by the December of 2023 because the CBI has been providing specialized training to its personnel in order to improve their skills and knowledge. This has helped the agency to stay up-to-date with the latest developments in investigation techniques and has also improved the quality of its investigations.
What is the price prediction for the Central Bank of India for 2030?
With its slow and steady growth in share price, the share price of the Central Bank of India might reach around ₹185.34 by the end of 2030 because the CBI has made significant investments in technology, which has helped it to improve its investigation capabilities and speed up the process of solving cases. The agency now has access to advanced forensic and technological tools, which have improved its efficiency and effectiveness.
Is the Central Bank of India Profitable?
Central Bank of India saw a 64% rise in Q3 2022 net profit due to strong net interest and other income growth, reporting a net profit of Rs 458 crore compared to Rs 279 crore in the same period the previous year.
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Conclusion
In conclusion, the per share price of the Central Bank of India might reach Rs.185.34 by the end of the year 2030. This target is based on the current market conditions and the Bank’s performance in the past. and the CBI has taken steps to improve its transparency and accountability, and it now operates in a more open and transparent manner. This has helped to build trust with the public and has improved the reputation of the agency.
Central Bank of India is well-positioned to continue to grow its market share in the coming years and reach its share price target.
Investors should take advantage of this opportunity and invest in the Central Bank of India to benefit from its long-term growth potential.
