For moduli space of stable parabolic bundles on a compact Riemann surface, we derive an explicit formula for the curvature of its canonical line bundle with respect to Quillen's metric and interprete it as a local index theorem for the family of ∂̄-operators in the associated parabolic endomorphism bundles. The formula consists of two terms: one standard (proportional to the canonical Kähler form on the moduli space), and one nonstandard, called a cuspidal defect, that is defined by means of special values of the Eisenstein-Maass series. The cuspidal defect is explicitly expressed through the curvature forms of certain natural line bundles on the moduli space related to the parabolic structure. We also compare our result with Witten's volume computation. © 2007 Springer-Verlag.