Central Bank of India reported steady balance-sheet growth for the December quarter, with total business rising 15.80% to ₹7.74 lakh crore as of December 31, 2025, supported by healthy expansion in advances and deposits. The state-owned lender disclosed its provisional business figures under regulatory requirements, demonstrating sustained momentum across key operational metrics.

Strong Credit Growth Outpaces Deposits

The bank achieved robust performance in its lending portfolio, with gross advances rising 19.57% year-on-year to ₹3.24 lakh crore, significantly outpacing deposit growth. This strong credit expansion was up 11.61% on a year-to-date basis, indicating sustained credit demand and effective loan deployment strategies.

Total deposits increased 13.23% to ₹4.51 lakh crore from the previous year, while current account savings account (CASA) deposits grew at a slower pace of 8.53% to ₹2.12 lakh crore.

Key Business Metrics Show Mixed Performance

The December quarter business update revealed both strengths and challenges in the bank's operational metrics:

The slower growth in low-cost deposits led to the CASA ratio easing to 47.12% from 49.18% a year earlier, representing a decline of 206 basis points. However, the faster loan growth pushed the credit-deposit ratio to 72.06%, compared with 68.25% in the year-ago period, an improvement of 381 basis points.

Q2 FY26 Results Highlight Strong Profitability

Central Bank of India had earlier reported impressive quarterly results for the July-September period, with net profit surging 32.80% year-on-year to ₹1,212.80 crore, compared to ₹912.80 crore in the same period last year.

Despite strong business growth, the bank's net interest income declined 3.70% year-on-year to ₹3,282.00 crore amid margin pressure. Asset quality remained stable with net NPA ratio at 0.48%, slightly improved from 0.49% in the previous year.

Market Performance and Outlook

Following the Q3 business update, shares of Central Bank were trading marginally lower at ₹38.73. However, the stock has gained 4.91% over the past month, reflecting investor confidence in the bank's growth trajectory. The lender noted that all figures are provisional and subject to review by statutory central auditors.

Central Bank of India has officially announced the retirement of Shri Bharat Bhushan Mutreja, General Manager of the Recovery Department, effective December 31, 2025. The announcement was communicated through an official notice from the bank's Investor Relations Division.

Management Change Details

The retirement represents a routine superannuation process, with Shri Mutreja completing his tenure in the Recovery Department. The bank has filed this management change under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with regulatory disclosure requirements.

Regulatory Compliance

The notification was issued on December 31, 2025, bearing reference number CO:IRD:2025:26:217. Chandrakant C Bhagwat, Company Secretary & Compliance Officer, signed the official communication, ensuring proper documentation of the management change. The announcement fulfills the bank's obligation to inform stakeholders about significant personnel changes in senior management positions.

Corporate Communication

The official notice was digitally signed and timestamped at 17:58:55 IST on December 31, 2025, demonstrating the bank's commitment to transparent and timely disclosure practices. The communication was issued from the bank's central office located at Chander Mukhi, Nariman Point, Mumbai.