Central Bank of India announces strong business growth

Central Bank of India (BSE:CENTRALBK) announced its provisional business figures as of March 31, 2025, showcasing substantial year-over-year growth. The bank's total business reached INR705196 Crore, a 10.75% increase from INR636756 Crore reported on March 31, 2024. Total deposits grew by 7.18%, from INR385011 Crore to INR412665 Crore. Gross advances experienced a robust surge, increasing by 16.20% to INR292531 Crore, compared to INR251745 Crore in the previous year. The CD Ratio (Excl. Inter Bank) also saw an increase of 554 bps, moving from 65.59 to 71.13. The CASA % (Excl. Inter Bank) was 48.91% versus 50.02% the prior year. These figures are subject to audit by the Statutory Central Auditors of the Bank.