Central Bank of India has announced a significant improvement in its financial performance for the second quarter and half-year ending 30th September 2026. The bank’s total global business grew by 20.54%, reaching ₹889,541 crore, compared to ₹737,938 crore in the same period last year. This growth was driven by a 14.41% increase in total domestic deposits, amounting to ₹508,509 crore, and a substantial 29.83% rise in global advances, which stood at ₹381,032 crore.
The bank’s profitability also witnessed a notable increase, with net profit for the quarter rising by 21.10% to ₹1,469 crore from ₹1,213 crore in the previous year. Operating profit saw a growth of 26.9%, reaching ₹2,268 crore, while the net interest income (NII) surged by 26.28% to ₹4,146 crore. The total income, comprising interest and non-interest income, improved by 14.92%, amounting to ₹11,737 crore. Additionally, the cost-to-income ratio reduced to 58.95% from 62.42%, indicating improved operational efficiency.
Asset quality showed marked improvement, with the gross non-performing assets (NPA) ratio decreasing to 2.39% from 3.01% year-on-year, and the net NPA ratio falling to 0.31% from 0.48%. The provision coverage ratio increased to 97.16%, highlighting the bank’s strengthened financial health. The bank’s capital adequacy ratio under Basel III norms stood at 17.68%, reflecting a slight improvement from the previous year’s 17.34%.
The Central Bank of India continues to expand its reach, boasting 22,215 touchpoints across India, including 4,622 branches and a significant presence in rural and semi-urban areas. Analysts view the bank’s robust performance as a positive indicator of its strategic initiatives and operational efficiencies, positioning it well in the competitive banking sector. The improved asset quality and capital adequacy further enhance the bank’s stability and growth prospects in the coming quarters.
