Central Bank of India announced Q2FY25 results Financial Highlights: Total Income (Interest Income plus Non Interest Income) for Q2FY25 improved by 17.0%, from Rs 8,412 crore in Q2FY24 to Rs 9,849 crore for Q2FY25. Net Interest Income (NII) grew by 12.62% on YoY basis to Rs 3,410 crore for quarter ended Sep 30th 2024, over corresponding period of last year of Rs 3,028 crore. Operating Profit grew by 41.50% on YoY basis to Rs 2,165 crore for quarter ended Sep 30th 2024, over corresponding period of last year of Rs 1,530 crore. Net Profit up by 50.91% to Rs 913 crore in Q2FY25 against Rs 605 crore in Q2FY24. Return on Assets (ROA) improved to 0.85% for Q2FY25 as against 0.62% for Q2FY24. Return on Equity (ROE) also improved to 12.76% annualised for Q2FY25 as against 9.24% for Q2FY24. Asset Quality: Gross NPA improved to 4.59% with an improvement of 3 bps, on YoY basis. Net NPA improved to 0.69% with an improvement of 95 bps, on YoY basis. Provision Coverage Ratio stood at 96.31%, with an improvement of 377 bps, on YoY basis. Capital Adeqacy: Total BASEL III Capital Adequacy Ratio improved to 16.27% (with Common Equity Tier 1 ratio of 14.01%), as on Q2FY25, as compared to 14.82% on Q2FY24, registering an improvement of 145 bps. Business Highlights: Total Business of the Bank, stood at Rs 6,44,858 crore as on Q2FY25 as against Rs 6,02,284 crore registering growth of Rs 42,574 crore (7.07%) on YoY basis. Total Deposits up by 5.57% to Rs 3,91,914 crore from Rs 3,71,252 crore on YoY basis. Gross Advance increased by 9.48% to Rs 2,52,944 crore on YoY basis as against Rs 2,31,032 crore for the same period of preceding year. RAM (Retail, Agriculture & MSME) business grew by 19.95%. The individual sector wise growth stood at 15.48% (Rs 76,373 crore), 17.34% (Rs 50,280 core) & 29.45% (Rs 55,552 crore), respectively, for Retail, Agriculture & MSME. Business per Employee has improved to Rs 19.02 crore for the quarter ended Q2FY25 from Rs 18.60 crore on YoY basis. Bank is having pan India presence with network of 4,528 branches with 2,955 branches in rural & semiurban areas (65.26%), 4,085 ATMs and 11,949 BC Points with total 20,562 Touch Points as on Q2FY25. Result PDF