MAJOR HIGHLIGHTS –Q2 FY13
Y-o-Y
Ø Total Business Rs.357139 crore 12.04%
Ø Total Deposits Rs. 203538 crore 8.10%
Ø Total Core Deposits Rs. 149687
crore 18.49%
Ø Advances Rs. 153601 crore 17.73%
Ø Net Profit Rs. 330 crore 35.25%
PERFORMANCE HIGHLIGHTS
Ø Total Income has registered a growth of
10.45%, from Rs. 5234 crore to Rs. 5781 crore on y-o-y basis.
Ø Total Interest Income registered a growth
of 8.51% from Rs. 4910 crore to Rs. 5328 crore on y-o-y basis.
Ø Net Interest Income of the
Bank registered a growth of 1.29% from
Rs. 1397 crore to Rs. 1415 crore on y-o-y basis.
Ø Non Interest Income of the Bank registered
a growth of 8.95% from Rs. 324 crore to Rs. 353 crore on y-o-y basis.
Ø Operating Profit of the Bank stood at Rs.
816 crore as on Sep 30, 2012 as compared to Rs. 796 crore as on Sep 30,
2011 on y-o-y basis.
Ø Bank recorded Net Profit of Rs. 330
crore as on Sep 30, 2012 as compared to Rs. 244 crore as on Sep 30, 2011, registering
y-o-y growth of 35.25%.
Ø Average Business per Employee increased to
Rs. 956 lakh in Sep 2012 from Rs. 862 lakh in Sep 2011.
Ø Gross NPA to Gross Advances increased to
5.54 % from 4.87% of previous quarter.
Ø Net NPA to Net Advances increased to 3.80
% from 3.22 % of previous quarter.
Ø Total Business of the Bank increased to
Rs. 357139 crore as at Sep 2012 compared to Rs.318754 crore as at Sep
2011, registering y-o-y growth of 12.04%.
Ø Total Deposits grew by 8.10 % on Y-o-Y to
Rs.203538 crore from Rs. 188286 crore in Sep-11 whereas Core Deposits
grew by 18.49% Y-o-Y.
Ø CASA percentage improved to 33.00% in Sep 2012
as against 32.82 % in Sep 2011.
Ø Gross Advances of the Bank grew by Rs.
23133 crore i.e. to Rs. 153601 crore in Sep 2012 from Rs. 130468 crore
in Sep 2011, registering a Y-o-Y growth of 17.73%.
Ø Agriculture Advances increased by 23.72%
to Rs. 18677 crore in Sep, 2012 from Rs. 15096 crore in Sep, 2011.
Ø MSE Advances registered y-o-y growth of
20.27% to Rs. 14692 crore in Sep, 2012 from Rs.12216 crore of
corresponding quarter.
Ø Retail Loans showed substantial growth of
34.13% on y-o-y basis to Rs. 18964 crore from Rs. 14138 crore.
Ø Housing Loan portfolio of the Bank stands
at Rs. 6695 crore consisting of 35.30% of the total Retail Portfolio.
Ø Education Loan portfolio of the Bank
registered y-o-y growth of 25.22% to Rs. 2473 crore in Sep, 2012 from
Rs.1975 crore of corresponding quarter.
Ø Bank Stood first among all channel
partners of Life insurance corporation of India and collected Rs.100
crore LIC premium during half year.
Ø The Credit Deposit Ratio has moved from 69.29%
to 75.46% on y-o-y basis.
AWARDS /RECOGNITION
Ø Our Bank has been awarded with the “Best Bankers’ Award-2012” by The Sunday Standard (The New Indian
Express Group).
Ø Our
Bank has been awarded with prestigious GOLD award (highest independent honour
in India) for “INNOVATIVE URBAN
FINANCIAL INCLUSION IMPLEMENTATION MODEL” in the 30th SKOCH SUMMIT organized at
New Delhi.
Ø Our Bank has been awarded with prestigious
‘GOLDEN PEACOCK HR EXCELLENCE AWARD’ for the year 2012 instituted by
Institute of Directors. This award has been bestowed on the Bank for achieving
overall effectiveness in its HR and People Management practices, thereby
contributing to the needs of the businesses, profession, employees, Industry
and the Nation.
NEW INITIATIVES
Ø Appointed Chief Customer Service Officer
exclusively for redressal of customer complaints.
Ø Started service called Missed Call Alerts
for its CASA customers, whereby customers can get detail of balance and
last three transactions free of cost.
Ø The Customer Grievances Redressal
Mechanism has been made fully online for quick disposal of grievances.
Ø Arranging Recovery Camps all across for
OTS/Upgradation.
Ø Recovery through outside Recovery
Agents/ Enforcement Agents.
Ø Extensive use of SARFESI Act for maximum
recovery in cases where securities are available.
Ø Web Portal has been established for
monitoring DRT cases.
Ø Launched Festival Bonanza for various
retail products.
Ø Introduced new retail loan product
“CENT COMBO”.
Ø Introduced new variant of Saving Account
-“CENT PREMIUM”.
Ø An automated loan appraisal and monitoring
software called CLASS for speedy disposal of retail, corporate and
agriculture loans has been made operational.
Ø Introduction of new Recurring Deposit
schemes-CENT LAKHPATI RDS and CENT SWASHAKTI FLEXI RDS.
Ø Launched new variants of Debit and Credit
cards with special features.
Ø Opened 1131 ULTRA SMALL BRANCHES,62 Full
fledged Branches and upgraded 9 extension counters to full fledged
Branches on 131st Birth Anniversary of our founder Sir Sorabji Pochkhanawala .
Ø Biometric smart Card Based FI implemented
in 373 districts.
Ø Cent prosperity – special scheme for minorities with CGTMSE
coverage and concessional rate of Interest.
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