CENTRAL BANK OF INDIA, HYDERABAD ZONE EXCELS IN PERFORMANCE

Central Bank of India, Hyderabad Zone has shown excellent performance for the year ending 31.3.2012.

The aggregate deposits of the Zone increased by 69.06% and the credit portfolio increased by 30.82% over its previous year.

For the first time, the Zone has crossed the business figures of Rs.20000 Crores and now it stands at Rs.22368 crores.

The profit increased from Rs.455 crores to Rs.478 crores despite many accounts becoming NPA under system driven classification.

The exemplary performance is only due to the dedicated efforts of all the Branch Managers working in Hyderabad Zone and the staff members who determined to contribute their might for the business growth of the Zone and the Bank during its CENTENNARY YEAR.

CBOA-AP congratulates all the Branch Managers and the staff members for showing this excellent performance and sincerely wishes that the performance should be continued to enable our bank to regain its past glory.

We furnish hereunder the business figures of the Zone as of 31^st March 2012.

                                                                                                (Rs. In crores)

Aggregate Deposits                                                        10377

Advances                                                                            11991

Total Business                                                                   22368

Profit                                                                                     478

Once again CBOA-AP conveys its sincere thanks to all the staff members for making this achievement possible.

We also place on record our appreciation to the guiding force behind the phenomenal growth of the Zone – Mr. Vijai Misra, General Manager, who was heading the Zone for most of the financial year.