Quarterly Result27 Jun 2025, 10:41 pm
Central Bank of India Reports 48% YoY Increase in Net Profit for FY 2024-25
AI Summary
The Central Bank of India has reported a significant increase in net profit for the Financial Year 2024-25, reaching 73,785 crore. This increase is attributed to effective revenue-enhancement and cost-management measures. The Bank's capital adequacy ratio stands at 17.02%, and the provision coverage ratio has improved to 96.54%, reflecting prudent capital deployment and strong asset quality management. The Bank also reported strong growth in treasury income, bancassurance revenue, and co-lending disbursements.
Key Highlights
- Net profit rose by 48% YoY to 73,785 crore
- Capital adequacy ratio at 17.02%
- Provision coverage ratio improved to 96.54%
- Strong growth in treasury income, bancassurance revenue, and co-lending disbursements
- Commitment to innovation, operational excellence, and sustainable finance for FY2026