Central Bank of India Share Price Target 2024, 2025, 2030, 2040, 2050

The Central Bank of India is an Indian bank. it gives us all the banking facilities. The bank has also digital services like online banking, mobile banking, debit and credit cards, missed call alert service, UPI and more. The bank provides multiple loans for its customers.

It has also specific services for the farmers like the Cent Agri Gold Loan Scheme, Central Kisan Credit Card, Cent SHG Bank Linkage Scheme, CENT AGRI INFRA Scheme, and other programmes to grow the agriculture sector.

What is Central Bank of India Ltd NSE: CENTRALBK?

Central Bank of India offers multiple banking facilities to its customers. It was the first Indian commercial bank fully owned and run by Indians. It offers many services, such as personal loans, digital banking, deposits, loans for farmers, services for small and medium businesses, loans for large companies, services for Indians living abroad, and services for pensioners.

It has multiple branches in the country. Its personal loan services include loans for gold loans, personal loans, car loans and more. The bank was created by Sir Sorabji Pochkhanawala, who dreamed of having such a bank.

Central Bank of India Share Price Target Tomorrow

Date	Minimum Price (Rs)	Maximum Price (Rs)
Tomorrow	-0.94	+0.90

Central Bank of India Share Price Target 2024

It offers services for people and Non-Resident Indians (NRIs). The bank provides many services, such as savings accounts, deposits, joint accounts, debit cards, credit cards, NRI accounts, money transfers, different loans, and special accounts for older people. The bank also offers services for businesses, like business accounts, loans, RTGS (fast money transfers), NEFT (electronic money transfers), and cash management services.

Experts think that this bank, owned by the Government of India, could give good returns in the future. Its stock price target would be ₹90 in 2024.

In 2024, its stock price would be between ₹49 to ₹90.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2024	49	90

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	49	58.80
February	55	76
March	52	68
April	59	69
May	58	69
June	59	73
July	59	67
August	57	64
September	51	67
October	52	73
November	51	84
December	52	90

Central Bank of India Share Price Target 2025

It is the first Indian bank and also the oldest bank in India. Because of this, the Government of India took over the bank and now controls it completely. It has some contracts with Kotak Mahindra Asset Management Company by which Kotak Mutual Fund products will be available at Central Bank branches. The bank also signed an agreement with WMG, Department of Education, University of Warwick.

This agreement includes giving quick loans to Indian students studying at WMG, building partnerships between businesses in the UK and India, and developing low-cost housing projects. Its stock price target would be ₹140 in 2025.

As per our prediction, its price would be between ₹50 to ₹140 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	50	140

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	50	102
February	54	100
March	55	110
April	58	113
May	53	118
June	57	125
July	58	131
August	62	122
September	63	125
October	64	134
November	67	132
December	69	140

Share Price Target 2030

This bank always wants to be a unique bank and wants to provide more and more facilities to its customers. It teamed up with the National Payments Authority of India to offer the “CBOI Rupay” business card, which helps companies manage their finances at low costs. The card provides benefits like ATM withdrawals up to Rs 1 lakh, purchases up to Rs 3 lakh at stores or online, and Rs 75,000 withdrawals from foreign ATMs. It also covers international purchases up to Rs 3 lakh.

The company is slowly improving its financial position and you can see it on its share price chart. The company had to make strong belive to its investors as it couldn’t do so well for investors, but it recovering day by day. In 2030 its share price target would be around ₹265.

In 2030, its share price would be between ₹210 to ₹265.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	210	265

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	210	221
February	216	225
March	219	229
April	223	235
May	226	245
June	232	240
July	220	229
August	224	231
September	225	235
October	227	242
November	235	254
December	247	265

Share Price Target 2040

This has teamed up with Ugro Capital to give loans to small and medium businesses. This will help both banks grow. Many big investors have put money into Central Bank recently, and about four per cent are small investors. Last year, the bank made a good profit. Also, the bank invests much in new technology.

They’re upgrading their computer systems and online services to make banking easier and safer. This should help them attract younger customers and grow their business. Experts think that by 2030, the Central Bank’s share price target would be ₹530.

The share price would be between ₹410 to ₹530 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	410	530

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	410	419
February	416	425
March	418	431
April	425	436
May	431	445
June	436	452
July	447	461
August	456	469
September	460	482
October	477	490
November	481	500
December	498	530

Share Price Target 2050

The bank is working with other companies to improve its services and offer more products. With the Indian economy growing, this bank is in a good position to take advantage of new opportunities in banking. But for some years it couldn’t give good returns to its investors but if you look to its recent past years it recovering and improving its company to be a good competitor in the market.

Overall, the future looks good for the bank because it’s becoming more efficient, using new technology, and focusing on areas that are growing fast. In 2050, its share price would be ₹900.

Its share price would be ₹740 to ₹900 in 2040 as per experts analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	740	900

Month	Minimum Price (Rs)	Maximum Price (Rs)
January	740	760
February	746	765
March	751	771
April	765	782
May	773	799
June	784	812
July	800	821
August	807	826
September	812	830
October	826	847
November	832	860
December	848	900

Should I Buy Central Bank of India Stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2024	49	90
2025	50	140
2030	210	265
2040	410	530
2050	740	900

The bank has some loans and this is the reason why its stock was not performing well, but looking to the present time the bank recovering from it. This bank has a big plan for growth. The bank wants to lower its bad loans by using strong recovery methods. It also plans to increase its loans, especially for retail customers and small businesses, which should help drive future growth.

Central Bank of India Ltd Earning Results

Mcap Full (Cr.)	52,780.11
Turnover (Cr.)	2.37
TTQ (Lakh)	3.91
EPS (TTM)	3.47
CEPS (TTM)	3.47
PE/PB	17.62 / 1.65
ROE	9.36
Face Value	10.00
Revenue(Cr)	8,334.79
Net Profit(Cr)	879.94

Is Central Bank of India Stock Good to Buy? (Bull case & Bear case)

Bull Case:

• The Bank continuously lowers its bad loans and manages them well.
• It Increases loans, especially to retail customers and small businesses, and this could boost profits if these areas do well.
• As India’s economy grows, more people and businesses might need banking services, helping the bank’s performance.
• Deals like the one with NSIC could provide extra support and growth opportunities.
• It improves digital services and it can attract younger customers and improve efficiency.

Bear Case :

• If the bank can’t reduce its bad loans, it might affect its profitability and stability.
• Other banks might offer better services or deals, making it hard for the Central Bank of India to compete.
• There might be challenges in successfully carrying out its growth plans, such as managing tech upgrades.

Conclusion

When it launched its IPO, it gave a huge return to its investors but after time passed the company was in heavy debt. But at present time the company is recovering from the debt. We have discussed all the main details of this bank so that an investor can make a decision whether to invest here or not so you should read the whole article.

FAQs