Central Bank of India reports strong growth, reduced NPAs in Q2 FY'26

Central Bank of India announced a 14.43% year-on-year growth in total business, reaching INR 7,37,938 crores as of September 2025. Total deposits grew by 13.40% to INR 4,44,450 crores, with CASA growing by 8.55% to INR 2,07,616 crores. Gross advances increased by 16% to INR 2,93,488 crores, and net profit saw a 32.86% rise year-on-year to INR 1,213 crores.

The bank significantly reduced its gross non-performing assets (NPA) to 3.01%, a 158 basis points reduction year-on-year, and net NPA to 0.48%, down by 21 basis points. Return on asset improved to 1.01%, and return on equity increased to 14.22%. Credit cost reduced by 34 basis points to 0.21%, and slippage ratio decreased by 8 basis points to 0.30% year-on-year.

Strategic initiatives focus on digital enablement, customer-centric services, and strengthening its presence in retail, agriculture, and MSME sectors, targeting a 65:35 RAM to corporate credit ratio. The bank aims to recover over INR 2000 crores from written-off accounts during the current financial year and plans to build 1000 credit officers. Provisions for stage 3 NP assets and estimated ECL requirements are being managed, with INR 1150 crores already provisioned out of an estimated INR 3300-3500 crores total requirement.