Central Bank of India reported a 20.55% year-on-year increase in total global business for the second quarter of FY27, reaching ₹8,89,621 crore as on September 30, 2026. The bank’s gross advances expanded significantly by 29.83% YoY, outpacing the growth in deposits.

The provisional figures, disclosed in a filing to stock exchanges, highlight robust credit demand alongside steady deposit mobilisation. While the overall balance sheet expanded, the CASA (Current Account Savings Account) ratio witnessed a contraction compared to the previous year.

Key Business Metrics

The bank’s total deposits grew 14.43% YoY to ₹5,08,586 crore. However, the composition of these deposits shifted, with the CASA ratio declining to 44.70% from 46.83% in the corresponding quarter last year. This represents a drop of 213 bps.

Note: Figures as on September 30, 2026 are provisional and subject to audit.

What the Numbers Show

A notable divergence exists between the rapid expansion of the loan book and the slower growth of low-cost deposits. Gross advances surged 29.83% YoY, nearly double the 14.43% growth rate of total deposits. This imbalance contributed to the 213 bps decline in the CASA ratio, which fell to 44.70%. The data suggests that the bank may be relying more heavily on higher-cost term deposits or wholesale funding to support its aggressive credit growth during this period.

Central Bank of India confirmed that no Unpublished Price Sensitive Information (UPSI) was disclosed during its participation in an analyst and investor meeting held on September 30, 2026. The discussions were strictly limited to information already available in the public domain.

The bank’s management attended the "Bharat Connect Conference: Rising Stars," organized by Arihant Capital. The event commenced at 1:00 pm and served as a platform for engaging with the investment community.

Compliance with regulatory norms

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to disclose material events to stock exchanges in a timely manner.

Chandrakant Bhagwat, Company Secretary & Compliance Officer, signed the communication addressed to the National Stock Exchange of India Limited and BSE Limited. The letter referenced the bank's earlier communication dated September 22, 2026, regarding the scheduled meeting.