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State-owned Central Bank of India on Wednesday (April 2) reported a 10.75% year-on-year (YoY) growth in total business, reaching ₹7.05 lakh crore as of March 31, 2025, up from ₹6.
37 lakh crore. Deposits rose 7.18% to ₹4.
13 lakh crore, compared to ₹3.85 lakh crore a year ago. Gross advances jumped 16.
2% to ₹2.9 lakh crore. #BusinessUpdate | Central Bank of India FY25 Business Update - Total Business Up 10.
75% At ₹7.05 Lk Cr Vs ₹6.37 Lk Cr (YoY) - Total Deposits Up 7.
18% At ₹4.13 Lk Cr Vs ₹3.85 Lk Cr (YoY) - CASA At 48.
91% Vs 50.02% (YoY) pic.twitter.
com/nby8inNgKK — CNBC-TV18 (@CNBCTV18Live) April 2, 2025 However, the bank’s Current Account and Savings Account (CASA) ratio declined to 48.91% from 50.02% YoY.
Earlier, on March 24, 2025, the lender opened its Qualified Institutional Placement (QIP) after receiving approvals from its Board and shareholders. The bank set a floor price of ₹42.62 per share, following SEBI’s pricing guidelines.
In the third quarter, Central Bank of India posted a 34% YoY rise in standalone net profit, reaching ₹958.93 crore. Net interest income (NII) grew 12.
31% YoY to ₹3,540.12 crore. Asset quality witnessed improvement, with the gross non-performing assets (NPA) ratio falling to 3.
86% from 4.59% in the previous quarter. Similarly, the net NPA ratio declined to 0.
59% from 0.69% sequentially. ALSO READ | PNB Housing Finance’s retail loans surge 18%, total book tops ₹75,000 crore at March end.
