Central Bank of India Q1FY27 Provisional Business Figures Revised: Total Business at ₹833,790 Crore
Central Bank of India revised its Q1FY27 provisional business figures. Total business is now ₹833,790 crore, up 18.35% YoY. Total deposits are ₹478,895 crore (up 11.66% YoY), and gross advances are ₹354,895 crore (up 28.77% YoY). These figures are subject to audit.
The revision of key business figures, including total business, deposits, and advances, is material information for investors and analysts. While the growth rates are positive, the revision indicates a need for close monitoring of the bank's financial reporting accuracy. The impact is medium as it's a revision of provisional figures, not final audited results.
The announcement provides a revision of previously released provisional business figures. While the numbers show positive year-on-year growth, the revision itself and the provisional nature of the data prevent a strongly positive sentiment. It's a factual update.
Central Bank of India has announced revised provisional business figures for the first quarter of the financial year 2026-27 (Q1FY27), ending June 30, 2026. The total business (Global) has been revised to ₹833,790 crore, reflecting a year-on-year growth of 18.35% and a quarter-on-quarter growth of 2.63%. This is a slight upward revision from the previously communicated figure of ₹833,840 crore in a letter dated July 2, 2026.
Total Deposits for Q1FY27 reached ₹478,895 crore, showing an 11.66% year-on-year increase and a 2.34% quarter-on-quarter increase. Within deposits, CASA (Current Account Savings Account) deposits stood at ₹222,865 crore, with a year-on-year growth of 11.14% and a quarter-on-quarter growth of 0.94%. The CASA percentage was recorded at 46.61%.
Gross Advances (Global) saw a significant year-on-year increase of 28.77%, reaching ₹354,895 crore, with a quarter-on-quarter growth of 3.01%. The bank also reported IBU (International Banking Unit) Advances of ₹473 crore for the period. These figures are provisional and subject to audit by the Bank's Statutory Central Auditors.
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