CENTRAL BANK OF INDIA CO:PRO:2015:02:PRESS:41 4th February, 2015
PRESS RELEASE
B ANK' S RESULTS FO R TH E TH IRD Q UARTER ENDED DECEMB ER, 2014
Major Highlights -Q3 FY 2014-15(Rs.in crore)
| Total Business | 4,41,510 |
| Total Deposits | 2,51,338 |
| Total Core Deposits | 2,17,376 |
| Gross Advances | 1,90,172 |
| Net Profit | 138 |
PERFORMANCE HIGHLIGHTS
Total Income increased to Rs.7,033 crore from Rs.6,708 crore in December 2013 recording Y-o-Y
growth of 4.84 %.
Total Interest Income registered a growth of 2.68 % from Rs.6,354 crore in Q3 FY 2013-14 to
Rs.6,524 crore in Q3 FY 2014-15 on Y-o-Y basis.
Operating Profit of the Bank increased from 846 crore in September 2014 to Rs 862 crore in
December 2014 sequentially recording a growth of 1.89 %.
Bank registered Net Profit of Rs. 138 crore in Q3 FY 2014-15 as compared to Net Profit of Rs.62 crore during corresponding period of previous year.
Gross NPA stood at Rs.11,793 crore as on December 2014 as compared to Rs.11,599 crore in
December 2013.
Gross NPA to Gross Advances stood at 6.20 % as on December 2014 as against 6.48 % in
December 2013.
…..2
Net NPA to Net Advances stood at 3.58 % as on December 2014 as against 3.69 % in December
2013.
Provision Coverage Ratio has improved from 52.28% to 54.51% on Y-o-Y basis.
CRAR under BASEL II is at 11.27 % with Tier I at 7.85 % whereas CRAR under BASEL III is
10.20 % with Tier I at 7.18 %.
BUSINESS HIGHLIGHTS
Total Business of the Bank increased to Rs.4,41,510 crore from Rs.4,12,164 crore in December
2013, recording Y-o-Y growth of 7.12 %.
Total Deposits of the Bank increased to Rs.2,51,338 crore from Rs.2,33,084 crore in December
2013, recording Y-o-Y growth of 7.83 %.
Core Deposits increased to Rs.2,17,376 crore from Rs.1,79,350 crore in December 2013,recording
Y-o-Y growth of 21.20 %.
CASA increased to Rs.81,377 crore from Rs.76,006 crore in December 2013, recording
Y-o-Y growth of 7.07 %. Share of CASA in total deposits stood at 32.38 % in December 2014.
Total Advances stood at Rs.1,90,172 crore against Rs.1,79,080 crore in December 2013, recording
Y-o-Y growth of 6.19 %
Agriculture Advances increased by 40.85 % to Rs. 33,468 crore in Q3 FY 2014-15 from Rs.23,761 crore in Q3 FY 2013-14.
MSE Advances registered a growth of 25.33 % to Rs.24,453 crore in Q3 FY 2014-15 from
Rs.19511 crore in Q3 FY 2013-14.
Retail Advances increased by 26.42 % to Rs. 32,042 crore in Q3 FY 2014-15 from Rs.25345 crore in Q3 FY 2013-14.
Housing Loan portfolio of the Bank stands at Rs.12,989 crore in Q3 2014-15 consisting of 40.54 %
of the total Retail Portfolio.
Education Loan portfolio of the Bank registered Y-o-Y growth of 11.52 % to Rs. 3,263 crore in
Q3 2014-15 from Rs. 2,926 crore of corresponding quarter Q3 2013-14
Photo Narration: Shri Rajeev Rishi, Chairman & Managing Director, Central Bank of India addressing the Press to announce the financial results for the quarter ended December 2014 at Mumbai. On his right Shri R.K. Goyal and to his left Shri B K Divakara, Executive Directors of the Bank were also present at the Press Meet.********
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