Central Bank of India Q3: Advances Soar 19.6%, CASA Ratio Dips Amid Strong Credit Demand

• Central Bank of India reported a 15.8% rise in total business to ₹7.74 lakh crore for Q3 FY26, driven by strong advances and deposits.
• Gross advances surged 19.57% to ₹3.24 lakh crore, outpacing deposit growth and indicating robust credit demand.
• Total deposits grew 13.23% to ₹4.51 lakh crore, but CASA deposits grew slower at 8.53%, causing the CASA ratio to slip by 206 bps to 47.12%.
• The bank's credit-deposit ratio improved significantly to 72.06%, up 381 bps year-on-year.
• For Q2 FY25-26, net profit jumped 32.8% YoY to ₹1,212.8 crore, despite a 3.7% decline in Net Interest Income (NII).

Why It Matters: Central Bank of India shows strong Q3 advances growth but faces pressure on its CASA ratio.