CENTRAL BANK OF INDIA ANNOUNCES EXCELLENT RESULTS
BANKING / FINANCE
CENTRAL BANK OF
INDIA'S RESULTS
FOR FIRST
QUARTER ENDED
JUNE 30, 2015
Major
Highlights – Q1 FY 2015-16
|
|
Rs. in crore
|
Ø
|
Total
Business
|
4,51,739
|
Ø
|
Total
Deposits
|
2,58,607
|
Ø
|
Core
Deposits
|
2,37,572
|
Ø
|
Total
Advances
|
1,93,132
|
Ø
|
Total
Income
|
7,099
|
Ø
|
Net Profit
|
203
|
by Shrutee K / DNS
PERFORMANCE HIGHLIGHTS
Net Profit increased to Rs.203 crore from Rs. 192 crore in
June 2014, recording Y-o-Y growth of 5.73%.
Total Income increased to Rs.7,099 crore from Rs. 6,928 crore
in June 2014, recording Y-o-Y growth of 2.47%.
Total Interest Income increased to Rs.6,685 crore from Rs. 6,497
crore in June 2014, recording Y-o-Y growth of 2.89 %.
Net Interest Income has increased to Rs.1,844 crore from
Rs. 1,822 crore in June 2014, recording Y-o-Y growth of 1.21%.
Provision Coverage Ratio has improved from 51.52 % to 54.95
% on Y-o-Y basis.
CRAR under BASEL II is at 11.67 % with Tier I at 8.34%
whereas CRAR under BASEL III is 10.84% with Tier I at 8.03%.
BUSINESS HIGHLIGHTS
Total Business of the Bank increased to Rs.4,51,739 crore
from Rs. 4,26,829 crore in June 2014, recording Y-o-Y growth of 5.84%.
Total Deposits of the Bank increased to Rs.2,58,607 crore
from Rs. 2,40,782 crore in June 2014,
recording Y-o-Y growth of 7.40%.
CASA increased to Rs.88,623 crore from Rs. 79,476 crore in
June 2014, recording Y-o-Y growth of 11.51%. Share of CASA in total deposits
stood at 34.27% as against 33.01 % in June 2014.
Core Deposits increased to Rs. 2,37,572 crore from Rs.
1,88,981 crore in June 2014, recording
Y-o-Y growth of 25.71%
NIM is 2.74% for June 2015.
Total Advances of the Bank stood at Rs.1,93,132 crore
against Rs.1,86,047 crore in June 2014 recording Y-o-Y growth of 3.81%.
Agriculture
Advances increased by 5.16 % to Rs.35,370 crore in Q1 2015-16 from Rs. 33,636 crore
in Q1 2014-15.
MSE
Advances registered y-o-y growth of 14.34 % to Rs. 25,337 crore in Q1 2015-16
from Rs. 22,159 crore in Q1 2014-15.
Retail
Loans showed substantial growth of 17.25 % on Y-o-Y basis
to Rs. 33,470 crore in Q1 2015-16 from Rs. 28,545 crore
in Q1 2014-15.
Housing
Loan showed substantial growth of 26.46 % on Y-o-Y basis
to Rs.14,372 crore in Q1 2015-16
from Rs. 11,365 crore in Q1 2014-15.
Education
Loan portfolio of the Bank registered Y-o-Y growth of 16.42 % to
Rs. 3,516 crore in Q1 2015-16 from Rs. 3,020 crore of corresponding
quarter Q1 2014-15.
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