Central Bank of India announced Q2FY24 results: I. Financial Results: 1. Total Business growth of 11.51% to Rs 6,02,284 crore in Q2FY24 2. Total Deposits increased by 8.21% to Rs 3,71,252 crore in Q2FY24. 3. Gross Advance rose by 17.26% to Rs 2,31,032 crore in Q2FY24. 4. Credit to Deposit (CD) Ratio improved to 62.43% in Q2FY24. 5. Gross NPA improved to 4.62% in Q2FY24. II. Profitability: 1. Net Profit grew by 90.25% to Rs 605 crore in Q2FY24. 2. Operating Profit increased by 13.47% to Rs 3,369 crore in Q2FY24. 3. Net Interest Income (NII) rose by 10.23% to Rs 3,028 crore in Q2FY24. 4. Return on Assets (ROA) improved to 0.62% in Q2FY24. 5. Return on Equity (ROE) improved to 2.31% in Q2FY24. III. Asset Quality: 1. Gross NPA improved to 4.62% in Q2FY24. 2. Net NPA improved to 1.64% in Q2FY24. 3. Provision Coverage Ratio improved to 92.54% in Q2FY24. IV. Capital Adequacy: 1. Total BASEL III Capital Adequacy Ratio improved to 14.82% in Q2FY24. 2. Common Equity Tier 1 ratio stood at 12.14% in Q2FY24. V. Branch Network: 1. Bank's pan-India presence with 4,489 branches, 4,044 ATMs, and 10,962 BC Points, serving customers across the country. Result PDF