Integrated Annual Report of the Bank for the Financial Year 2024-25.
Awaiting price reaction for this filing.
Central Bank of India submitted its Integrated Annual Report for FY 2024-25 to the stock exchanges, prepared under the IIRC Integrated Reporting Framework. The bank reported a strong financial year with net profit rising 48.49% year-on-year to ₹3,785 crore, supported by total business growth of 10.37% to ₹7,02,798 crore. Capital adequacy ratio improved to 17.02% from 15.08%, while asset quality strengthened with Gross NPA at 3.18% and Net NPA at 0.55% (down from 1.23%). Operating profit reached ₹8,124 crore and provision coverage ratio improved to 96.54%. Digital adoption surged with mobile banking users up 20.19% to 91.90 lakh and UPI users up 24.50% to 41.32 lakh. The bank also announced FY2026 as the 'Year of Business Acceleration' with targets including Gross NPA below 3%, Net NPA below 0.45%, and advances growth of 14-16%.
The filing confirms Central Bank of India's strongest financial performance in recent years with nearly 48% profit growth and significantly improved asset quality, which is positive for shareholders. The sustained improvement in capital position, digital adoption, and clear forward-looking targets should support investor confidence.