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Central Bank of India Reports 18.35% Growth in Total Business to ₹8.34 Lakh Crore in Q1 FY27

Central Bank of India reported provisional total business of ₹8.34 lakh crore for Q1 FY27, up 18.35% year-on-year, driven by strong growth in advances and deposits.
Central Bank of India Reports 18.35% Growth in Total Business to ₹8.34 Lakh Crore in Q1 FY27

Mumbai: Central Bank of India has reported strong provisional business growth for the first quarter of FY 2026-27, with the bank's total global business rising 18.35% year-on-year to ₹8,33,790 crore as of June 30, 2026.

The lender disclosed the revised provisional figures through a stock exchange filing on July 3, 2026, correcting the total business figure from ₹8,33,840 crore reported earlier to ₹8,33,790 crore.

 

Key Business Highlights for Q1 FY27

  • Total Business (Global) stood at ₹8,33,790 crore, registering a 18.35% YoY growth and 2.63% sequential growth.

  • Total Deposits increased to ₹4,78,895 crore, reflecting a 11.66% year-on-year growth and 2.34% quarter-on-quarter growth.

  • CASA Deposits rose to ₹2,22,865 crore, up 11.14% YoY.

  • Gross Advances (Global) surged to ₹3,54,895 crore, recording a strong 28.77% year-on-year growth and 3.01% quarter-on-quarter growth.

  • The bank also reported International Banking Unit (IBU) advances of ₹473 crore.

 

 

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CASA Ratio Moderates Slightly

The bank's CASA ratio stood at 46.61% at the end of June 2026, compared with 47.30% in March 2026 and 46.88% a year earlier.

Despite the marginal decline in CASA ratio on a sequential basis, the bank maintained a strong low-cost deposit franchise with CASA deposits exceeding ₹2.22 lakh crore.

The bank clarified that the figures remain provisional and are subject to audit by the Statutory Central Auditors.

The latest update highlights continued momentum in credit growth, with advances significantly outpacing deposit growth during the quarter.

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