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Central Bank of India Total Business Crosses ₹8.33 Lakh Crore in Strong Q1 Showing

Posted On : 2026-07-03 20:03:38( TIMEZONE : IST )

Public sector lender Central Bank of India has recorded healthy double-digit annual expansion across its global business portfolio for the first quarter of the 2026-27 fiscal year ended June 30, 2026. The bank achieved significant top-line growth driven by an acceleration in gross advances.

Global Loan Book Fuels Business Expansion

The bank's total global business-combining total deposits and gross advances-reached ₹8,33,840 crore as of June 30, 2026. This marks a robust year-on-year growth of 18.36% compared to the reviewed total business of ₹7,04,485 crore recorded in the corresponding quarter of the previous fiscal year. On a sequential quarter-on-quarter basis, total business expanded by 2.63% over the audited figure of ₹8,12,439 crore logged at the close of March 2026.

The expansion was primarily anchored by the bank's lending portfolio. Total global gross advances surged by 28.77% year-on-year to touch ₹3,54,895 crore, up from ₹2,75,595 crore in June 2025. Sequentially, the credit book advanced by 3.01% against the ₹3,44,516 crore registered in March 2026. Notably, the bank also recorded its first overseas allocation via its IFSC Banking Unit (IBU) advances, which stood at ₹473 crore for the current quarter, compared to zero balances in both June 2025 and March 2026.

Steady Deposit Base and CASA Resilience

On the liabilities side, Central Bank of India expanded its deposit franchise to reach ₹4,78,895 crore during the provisional quarter. This performance represents an annual increase of 11.66% against the ₹4,28,890 crore posted in the same period last year, and a sequential gain of 2.34% above the ₹4,67,923 crore managed at the end of the preceding quarter.

The bank's core low-cost deposits also maintained a positive trajectory. Current Account Savings Account (CASA) deposits climbed 11.14% year-on-year to close at ₹2,22,865 crore, up from ₹2,00,522 crore in the prior-year period. Sequentially, CASA balances grew by a modest 0.94% over the ₹2,20,781 crore recorded in March 2026.

Due to a faster growth rate in term deposits and credit deployment, the bank's overall CASA ratio experienced a slight contraction. The CASA ratio settled at 46.61% for the quarter ended June 30, 2026, dropping by 27 basis points when compared to 46.88% in June 2025, and down by 69 basis points sequentially against the 47.30% maintained in March 2026.

The management highlighted that all business parameters and baseline figures reported for the quarter remain strictly provisional. The corporate data remains subject to an upcoming limited review evaluation by the bank's Statutory Central Auditors before final administrative approval.

Shares of Central Bank of India was last trading in BSE at Rs. 32.80 as compared to the previous close of Rs. 32.55. The total number of shares traded during the day was 1026006 in over 2412 trades.

The stock hit an intraday high of Rs. 33.19 and intraday low of 32.61. The net turnover during the day was Rs. 33725554.00.