Central Bank of India revised its provisional total business for Q1 FY27 to ₹833790 crore, correcting the figure of ₹833840 crore reported earlier. The bank's gross advances surged 28.77% to ₹354895 crore, while total deposits grew 11.66% to ₹478895 crore during the same period. The figures are provisional and subject to audit by the Statutory Central Auditors of the bank.

Key Business Metrics

The bank's global advances showed robust growth, rising from ₹275595 crore in the corresponding period of the previous year to ₹354895 crore, reflecting a 28.77% year-on-year increase. On a sequential basis, gross advances grew 3.01% from ₹344516 crore as of March 31, 2026. The bank also reported an IBU (International Banking Unit) advance of ₹473 crore for the current quarter, compared to nil in the preceding periods. Total business also improved sequentially, rising 2.63% from ₹812439 crore as of March 31, 2026.

Deposit Composition

Current Account Savings Account (CASA) deposits stood at ₹222865 crore, registering an 11.14% year-on-year growth. However, the CASA ratio moderated to 46.61% in Q1 FY27 from 46.88% in the same period last year. On a sequential basis, the CASA ratio declined by 69 basis points from 47.30% as of March 31, 2026. Total deposits also grew sequentially by 2.34% from ₹467923 crore as of March 31, 2026.

Financial Performance Summary

The table below presents the key business metrics for Central Bank of India across the latest periods:

*Subject to audit by Statutory Central Auditors of the Bank.

Central Bank of India has promoted two senior management personnel, Mohit Kodnani and Raj Kishor Singh, effective July 1, 2026. The bank informed the exchanges regarding these changes in management pursuant to Regulation 30 and 51 of the SEBI (LODR) Regulations, 2015.

Mohit Kodnani has been promoted to the role of Chief General Manager - DIT. Aged 57, Kodnani joined the bank in 1999 and holds a Bachelor's degree in Engineering and a Master's in Business Administration. He is also a Certified Associate of the Indian Institute of Banking and Finance (IIBF). With approximately 26 years of experience in the banking industry, he previously served as the Zonal Head in Ahmedabad and was working as General Manager of the Department of Information and Technology prior to this promotion.

Raj Kishor Singh has been appointed as General Manager. Singh, aged 50, joined the bank in 1995. He holds a Bachelor's degree in Commerce and is a Certified Associate of the Indian Institute of Banking and Finance (IIBF). He brings around 31 years of experience in the banking sector and was serving as the Zonal Head in Kolkata before his elevation.

Management Changes

The following table details the recent appointments within the bank's senior management:

The disclosures confirmed that there is no relationship between the appointees and the directors of the bank. The information regarding these changes has been made available on the bank's official website.