Central Bank of India: Housing Loan Portfolio Sands at Rs.7,699 crore.!

Housing Loan portfolio of the central Bank of India stands at Rs.7,699 crore consisting of 36% of the total Retail Portfolio.

BUSINESS HIGHLIGHTS

Total Business of the central Bank of India increased to Rs. 4,02,272 crore as on 31st March 2013 compared to Rs. 3,46,898 crore as at March 2012, registering y-o-y growth of 15.96 %.

 Total Deposits grew by 15.22  % on Y-o-Y to Rs. 2,26,038 crore from Rs. 1,96,173 crore in March 2012

Chennai press meet 

   Total Core deposit of thecentral Bank of India grew by 27.84 % on Y-o-Y Basis to Rs. 1,70,953crores as of March, 2013 from Rs. 1,33,726crores as of March 2012. 

   CASA Deposits increased to Rs. 73,581 crore as of March 2013 compared to Rs.65,275 crore as of March 2012, registering Y-o-Y growth of 12.72 %.

 Gross Advances of the central Bank of India grew by Rs. 25,509 crore i.e. to Rs.1,76,234 crore in March 2013 from Rs.1,50,725 crore in March 2012, registering a Y-o-Y growth of 16.92 %.

         Agriculture Advances increased by 30.84 % to Rs.24,660 crore in March 2013 from Rs. 18,848 crore in March 2012.  

         MSE Advances registered y-o-y growth of 31.31 % to Rs.17,289 crore in March 2013 from Rs.13,161 crore of previous year.  

         Retail Loans showed substantial growth of 27.74 % on y-o-y basis to Rs.21,352 crore from Rs.16,715 crore. 

         Housing Loan portfolio of the Bank stands at Rs.7,699 crore consisting of 36.06% of the total Retail Portfolio.

 Education Loan portfolio of the Bank registered y-o-y growth of 19.01 % to Rs. 2,567 crore in March 2013 from Rs.2157 crore of previous year.  

   The Credit Deposit Ratio has moved from 76.83 % to 77.97% on y-o-y basis.

   Credit growth in the bucket size of Rs.5 - 25 crores recorded a significant growth of 43.97 % on Y-o-Y basis.

         Provision coverage ratio has improved from 40.62% for 2011-12 to 47.75 % for 2012-13.

Photo Narration:

Mr. B. Akbaraly, Zonal Manager Central Bank of India addressing the Press to announce the financial results for the year ended March 2013 at Chennai. On his right Mr. A. john Britto and  his left Mr. D G Kallatti Asst Gen Managers were present at the Press Meet.


For Media Contact:
Mr. R. S. N. MURALIDHARAN
PUBLIC RELATIONS OFFICER
CENTRAL BANK OF INDIA
ZONAL OFFICE, 48, MONTIETH ROAD
EGMORE, CHENNAI - 600 008

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