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Central Bank of India's Q2 Triumph: Gross Advances Soar 30% to ₹3.81 Lakh Crore
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CNBC TV18•05-10-2026, 11:51
Central Bank of India's Q2 Triumph: Gross Advances Soar 30% to ₹3.81 Lakh Crore
- •Central Bank of India reported robust growth in Q2 FY2026-27, with double-digit year-on-year increases across key business parameters.
- •Gross advances surged by 29.83% year-on-year, reaching ₹3.81 lakh crore during the quarter.
- •CASA deposits saw a 9.21% year-on-year rise, totaling ₹2.26 lakh crore as of September 30, 2026.
- •Total deposits grew by 14.43% year-on-year to ₹5.08 lakh crore.
- •Overall business, encompassing deposits and advances, expanded by 20.55% year-on-year, reaching ₹8.89 lakh crore.
Key Questions Answered
Central Bank of India reported a 29.83% year-on-year jump in gross advances, reaching ₹3.81 lakh crore during the second quarter of financial year 2026-27.
Total deposits increased by 14.43% year-on-year to reach ₹5.08 lakh crore as of September 30, 2026, alongside a 9.21% growth in CASA deposits to ₹2.26 lakh crore.
Total business grew 20.55% year-on-year to ₹8.89 lakh crore. Meanwhile, the bank's shares traded 0.23% higher at ₹30.07, though the stock has declined about 20% over the course of 2026.
