Summary

Central Bank of India has reported a growth of 8.31% in total business for the third quarter and nine months ended 31st December 2024. The total deposits have increased by 5.34% and gross advances by 12.99%. The bank's credit to deposit ratio has improved to 68.25%. The gross NPA has improved to 3.86% and net NPA to 0.59%. The provision coverage ratio has improved to 96.54%. The net profit for the quarter has increased by 33.38% and for the nine months by 57.98%. The bank's return on assets (ROA) and return on equity (ROE) have also improved.

Key Highlights

1. 1

   Total Business grew by 8.31% to ₹ 668686 crore

2. 2

   Total Deposits up by 5.34% to ₹ 397907 crore

3. 3

   Gross Advance increased by 12.99% to ₹ 270779 crore

4. 4

   Net Profit (Quarter / 9M) up by 33.38 % / 57.98 %

5. 5

   Return on Assets (ROA) improved to 0.87 %

6. 6

   Return on Equity (ROE) improved to 12.96 %

7. 7

   CRAR improved to 16.43 %, of which Tier I is 14.21%