CENTRAL BANK’S RESULTS FOR FIRST QUARTER ENDED JUNE 30, 2015

BANK’S RESULTS FOR FIRST QUARTER ENDED JUNE 30, 2015
Major Highlights – Q1 FY 2015-16


Rs. in crore
Ø   
Total Business
4,51,739
Ø   
Total Deposits
2,58,607
Ø   
Core Deposits
2,37,572
Ø   
Total Advances
1,93,132
Ø   
Total Income
7,099
Ø   
Net Profit
203

PERFORMANCE HIGHLIGHTS

*      Net Profit increased to Rs.203 crore from Rs. 192 crore in June 2014, recording Y-o-Y growth of        5.73%.

*      Total Income increased to Rs.7,099 crore from Rs. 6,928 crore in June 2014, recording Y-o-Y growth of   2.47%.

*      Total Interest Income increased to Rs.6,685 crore from Rs. 6,497 crore in June 2014, recording              Y-o-Y growth of 2.89 %.

*      Net Interest Income has increased to Rs.1,844 crore from Rs. 1,822 crore in June 2014, recording
Y-o-Y growth of 1.21%.

*      Provision Coverage Ratio has improved from 51.52 % to 54.95 % on Y-o-Y basis.

*      CRAR under BASEL II is at 11.67 % with Tier I at 8.34% whereas CRAR under BASEL III is 10.84% with Tier I at 8.03%.




BUSINESS HIGHLIGHTS

*      Total Business of the Bank increased to Rs.4,51,739 crore from Rs. 4,26,829 crore in June 2014, recording Y-o-Y growth of  5.84%.

*      Total Deposits of the Bank increased to Rs.2,58,607 crore from  Rs. 2,40,782 crore in June 2014, recording Y-o-Y growth of  7.40%.

*      CASA increased to Rs.88,623 crore from Rs. 79,476 crore in June 2014, recording Y-o-Y growth of 11.51%. Share of CASA in total deposits stood at 34.27% as against 33.01 % in June 2014.

*      Core Deposits increased to Rs. 2,37,572 crore from Rs. 1,88,981 crore in June 2014, recording       Y-o-Y growth of 25.71%

*      NIM is 2.74% for June 2015.

*      Total Advances of the Bank stood at Rs.1,93,132 crore against Rs.1,86,047 crore in June 2014 recording Y-o-Y growth of 3.81%.

*      Agriculture Advances increased by 5.16 % to Rs.35,370 crore in Q1 2015-16 from Rs. 33,636 crore in Q1 2014-15.

*      MSE Advances registered y-o-y growth of 14.34 % to Rs. 25,337 crore in Q1 2015-16 from Rs. 22,159 crore in Q1 2014-15.

*      Retail Loans showed substantial growth of 17.25 % on Y-o-Y basis to Rs. 33,470 crore in Q1                 2015-16 from Rs. 28,545 crore in Q1 2014-15.

*      Housing Loan showed substantial growth of 26.46 % on Y-o-Y basis to Rs.14,372 crore in Q1                 2015-16 from Rs. 11,365 crore in Q1 2014-15.

Education Loan portfolio of the Bank registered Y-o-Y growth of  16.42 % to  Rs. 3,516 crore in Q1 2015-16 from Rs. 3,020 crore of corresponding quarter Q1 2014-15.



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