CO:PRO:2005:08:

CO:PRO:2016:17:05:PRESS:06 13th May, 2016

PRESS RELEASE BANK'S RES ULTS FO R THE FINANCIAL Y EAR ENDED MARCH, 2016

MAJOR HIGHLIGHTS -FY 2015-16

Rs. in crore

Total Business

4,56,337

Total Deposits

2,66,184

Total Core Deposits

2,51,376

Gross Advances

1,90,152

Operating Profit

2,643

PERFORMANCE HIGHLIGHTS

Total Business of the Bank increased to Rs.4,56,337 crore from Rs.4,50,539 crore in March 2015,recording Y-o-Y growth of 1.29%.

Total Deposits of the Bank increased to Rs. 2,66,184 crore from Rs. 2,55,572 crore as of March 2015, recording Y-o-Y growth of 4.15%.

Total Advances stood at Rs.1,90,152 crore as against Rs. 1,94,967 crore in March 2015 , recording Y-o-Y decline of -2.47 %, on account of conversion of loans amounting to Rs.11770 Crore to Discoms into Bonds under Uday Scheme.

CASA increased to Rs. 94,455 crore from Rs. 87,012crore as of March 2015, recording Y-o-Y growth of 8.55 %. Share of CASA in total deposits stood at 35.48% as against 34.05 % in March 2015.

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Core deposits increased to Rs.2,51,376 crore from Rs. 2,28,137 crore as of March 2015, recording Y-o-Y growth of 10.19 %

Total Income for the year was Rs.27,827 crore.

Provision coverage ratio stood at 51.52 % in March 2016.

CRAR under BASEL II is at 11.07 % with Tier I at 7.44 % whereas CRAR under BASEL III is 10.41

% with Tier I at 8.20 %.

NIM has declined from 2.79% to 2.75% on Y-o-Y basis.

Operating Profit of the Bank stood at Rs.2,643 crore in FY 2015-16.

Bank incurred Net loss of Rs.1,418 crore in FY 2015-16 as against Net Profit of Rs. 606 crore recorded in FY 2014-15.

BUSINESS HIGHLIGHTS

Priority Sector Advances increased by 9.25 % on y-o-y basis to Rs. 83,030 crore in FY 2015-16 from Rs. 75,997 crore in March 2015.

Agriculture Advances increased by 2.44 % on y-o-y basis to Rs. 36,833 crore in FY 2015-16 from Rs. 35,957 crore in March 2015.

MSE Advances increased by 4.89 % to Rs.27,800 crore in FY 2015-16 from Rs. 26,503 crore in March 2015.

Retail Loans showed substantial growth of 10.21 % on y-o-y basis to Rs.38,505 crore in FY 2015-16 from Rs. 34,939 crore in FY 2014-15.

Housing Loan portfolio of the Bank has shown a substantial growth of 16.53 % on y-o-y basis to Rs.16,319 crore in FY 2015-16 from Rs. 14,004 crore in March 2015.

Education Loan portfolio of the Bank increased by 8.72 % to Rs.3,742 crore in March 2016 from Rs.

3,442 crore in March 2015.

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Central Bank of India published this content on 16 May 2016 and is solely responsible for the information contained herein.
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