Central Bank of India Q2 profit rises 21% as loans grow 30%
ET BureauCentral Bank of India’s September quarter profit rose 21% as loan growth boosted interest income, operating efficiency improved and net bad loans declined year-on-year.
Net interest income (NII) or the difference between interest earned on loans and that paid for deposits grew by 26% year on year to Rs 4146 crore in September 2026 from Rs 3283 crore a year ago.
Other income including fees and treasury dropped 6% year on year to Rs 1380 crore in September 2026 from Rs 1469 crore a year ago.
Total Income (interest income plus non-interest income) increased 15% from Rs 10 213 crore to Rs 11,737 crore in September 2026. Cost to Income ratio reduced to 58.95% in September 2026 from 62.42% a year ago.
Total advances increased 30% to Rs 3.81 lakh crore in September 2026 from Rs 2.93 lakh crore led by a 21% growth in retail, agriculture & MSME (RAM) business. Retail loans grew by 24.49% to Rs 1.12 lakh crore.
Asset quality improved with net NPA at 0.31% down 17 bps, from 0.48%, year on year.