Central Bank of India Partners with Canara Robeco for Mutual Fund Distribution

Central Bank of India has entered into a distribution agreement with Canara Robeco Asset Management Company, extending its suite of mutual fund products to the bank’s retail clientele. 

Central Bank of India Announces Distribution Agreement 

The bank issued a formal intimation on February 27, 2026, stating that the partnership will enable customers to invest in a range of Canara Robeco mutual fund schemes. The agreement aligns with the bank’s strategy to broaden wealth‑creation avenues for its depositors. 

Canara Robeco AMC Background and Joint Venture Details 

Canara Robeco AMC, established in 1987, operates as a joint venture between Canara Bank and ORIX Corporation Europe. The firm manages assets worth ₹1.22 lakh crore as of December 2025 and serves over 50 lakh investors across India. 

Read More: RBI Approves SBI Mutual Fund to Acquire Up To 10% Stake in RBL Bank! 

Implications for Bank Customers and Mutual Fund Access 

Bank clients will now be able to purchase Canara Robeco’s equity, debt and hybrid funds directly through the bank’s branches and digital platforms. This channel is expected to simplify the investment process and enhance the reach of professionally managed portfolios. 

Regulatory Disclosure Under SEBI Listing Requirements 

The announcement complies with SEBI’s Listing Obligations and Disclosure Requirements, 2015. The notice was also circulated to the National Stock Exchange and BSE, where Central Bank of India holds the scrip codes CENTRALBK and 532885 respectively. 

Central Bank of India Share Price Performance  

As of February 27, 2026, at 3:30 PM, Central Bank of India share price on NSE was closed at ₹40.07 down by 0.91% from the previous closing price. 

Conclusion 

The distribution agreement between Central Bank of India and Canara Robeco AMC creates a new avenue for the bank’s customers to invest in a diversified range of mutual funds, reflecting the bank’s commitment to expanding its financial product ecosystem. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme‑related documents carefully.