Central Bank of India Partners with ICICI Prudential AMC to Expand Mutual Fund Offerings

On February 27, 2026, the Central Bank of India came into a distribution agreement with ICICI Prudential AMC Limited. This will allow the bank to offer ICICI mutual fund products to its customers. This development was disclosed in a regulatory filing to stock exchanges.

The public sector lender informed both the National Stock Exchange of India Limited and BSE Limited about the development under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Expanding Investment Access

Under this distribution agreement, the customers of the Central Bank of India will get access to a wide range of mutual fund products which are managed by the ICICI Prudential AMC. This collaboration will help customers get a chance to unlock greater value from their savings by offering diversified investment avenues that will go beyond traditional banking instruments.

Moreover, this partnership is expected to broaden participation in professionally managed investment solutions. This is expected to be done with the help of bank’s extensive branch network and customer base, along with the AMC’s established product suite.

Must Read: Top 10 Low Risk High Return Mutual Funds in India

About ICICI Prudential AMC

First established in the year 1993, the ICICI Prudential AMC works as a joint venture between ICICI Bank and Prudential plc, London. And over the years, it has come out as one of the leading asset management companies in India.

As of December 2025, the AMC has been managing assets that are worth Rs. 11.15 lakh crores. And it serves more than 1.5 crore investors across the country.

Strategic Significance

By adding a comprehensive range of mutual fund offerings to its existing product basket, this tie-up will help in strengthening the Central Bank of India’s financial services portfolio. Moreover, its customers will now be able to get access to professional fund management services and diversified investment options through their existing banking relationship.

Stock Performance Snapshot

Over the years, the shares of Central Bank of India have delivered some mixed returns across timeframes. Take a look at them:

Lastly, this distribution pact is expected to support the bank’s efforts to diversify revenue streams. Especially while strengthening its competitive positioning in India’s evolving financial services landscape.

Also Read:

1. Top 10 AMC in India 2026: Listed by AUM
2. Tax on Mutual Funds: Complete Guide with Smart Saving Plans