Central Bank of India reported strong financial growth for the fiscal year ended March 31, 2026, with total business increasing by 15.60% to INR 812,439 crores. Annual net profit rose by 15.43% to INR 4,369 crores, despite a one-time deferred tax asset impact in Q4. The bank continues to focus on retail, agriculture, and MSME sectors, maintaining healthy asset quality with a Gross NPA of 2.67% and strong capital adequacy.
Financial Highlights
The bank achieved significant growth across key metrics for the financial year 2026. Operating profit grew by 4.37%, reaching INR 8,479 crores. Total deposits climbed by 13.38% to INR 467,923 crores, with the CASA ratio standing at 47.30%. Gross advances saw a robust increase of 18.76%, totaling INR 344,516 crores, reflecting strong credit demand.
Asset Quality and Capital Strength
Asset quality showed continued improvement throughout the year. The Gross NPA ratio improved by 51 basis points to 2.67%, while the Net NPA decreased to 0.49%, reflecting an improvement of 6 basis points. The bank maintains a strong capital base, with a CRAR of 17.91%, of which Tier 1 capital accounts for 15.61%, providing significant headroom for future business growth.
Strategic Growth and Outlook
Management emphasized a continued focus on the RAM (Retail, Agriculture, and MSME) segments, which now constitute 68% of the bank’s book. The bank has implemented an aggressive outreach program and is investing in technology and workforce development to sustain momentum. Despite a one-time tax-related impact on Q4 profitability, the outlook for FY27 remains positive, with guidance for business growth in the range of 14% to 16%.
Dividend Declaration
Reflecting the bank’s financial stability and commitment to shareholders, the board has declared a total dividend of 12% for the financial year 2025-26, amounting to INR 1.20 per equity share. This includes the interim dividends previously paid at a rate of 2% quarterly for the first three quarters.
Source: BSE
