Central Bank of India Reconnects with the Parsi Community as Growth Momentum Builds

Shri Kalyan Kumar, Managing Director and Chief Executive Officer, Central Bank of India, outlines the Bank’s customer centric approach and improving performance for the quarter ended December 31, 2025

Central Bank of India engaged with members of the Parsi community in Mumbai as part of its ongoing efforts to strengthen long standing relationships with key stakeholders. The interaction comes at a time when the Bank has reported improved financial performance for the quarter ended December 31, 2025, reflecting steady progress across its core business segments.
Central Bank of India shares deep historical ties with the Parsi community. The institution was founded in 1911 by Sir Sorabji Pochkhanawala, who described the Bank as the property of the nation and a national asset. The Bank’s first Chairman, Sir Pherozeshah Mehta, also hailed from the Parsi community. Over its 114 year history, the Bank has navigated multiple economic cycles while remaining anchored to its founding philosophy of being a people owned and people focused institution.

During the interaction, the Bank acknowledged the significant role played by the Parsi community in India’s economic development, particularly across industry, finance, trade, and philanthropy. Contributions from the community have led to the creation of several institutions and enterprises that continue to shape India’s corporate and social landscape.
The programme was attended by prominent members of the Parsi community, including descendants of the Bank’s founder and its first Chairman. Among those present were Keki Mistry, Non Executive Director at HDFC Bank, Jimmy Mistry, Mickey Mehta, Dinshaw Mehta, former Chairman of the Bombay Parsi Panchayat, Viraf Mehta, present Chairman of the Bombay Parsi Panchayat, Padma Shri awardee Penaz Masani, and Ratan Luth. Their presence added historical and cultural significance to the engagement.

The interaction also highlighted the Bank’s customer focused initiatives and its role in supporting economic activity across the retail, MSME, agriculture, and industrial sectors. Central Bank of India has reported strong growth in total business, supported by a robust CASA base, healthy growth in advances, and improved asset quality.
Senior leadership reflected on the founder’s vision of creating a bank owned and operated by Indians at a time when the banking sector was largely dominated by foreign institutions. They noted that the values of trust, resilience, and excellence, often associated with the Parsi ethos, continue to guide the Bank’s approach to banking and customer engagement.

Speaking on the occasion, Shri Kalyan Kumar, Managing Director and Chief Executive Officer of Central Bank of India, said, “The interaction with the Parsi community provided a valuable opportunity to exchange views and better understand their evolving banking expectations. The keen interest shown in our products and services reinforces our commitment to continue serving the community and strengthening long term relationships.”
The Bank reiterated its gratitude to the Parsi community for its support during the institution’s formative years and reaffirmed its commitment to ethical, inclusive, and customer centric banking. Similar engagements are planned as part of the Bank’s broader strategy to deepen stakeholder relationships and strengthen its retail banking franchise.

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