Central Bank of India
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
The Central Bank of India was established in 1911 by Sir Sorabji Pachkhanawala in Mumbai. It was India’s first commercial bank entirely owned and managed by Indians. Solidifying its place as a truly Indian bank, its 4541 branches can be found across 28 states and 7 union territories in the country. As a banking enterprise, it provides deposits, retail banking, agriculture banking, digital banking, loans, corporate and NRI banking, and more. The Central Bank of India has been known to promote financial inclusion schemes and programs such as the PM Jan Dhan Yojana, Kiosk Banking Solutions and Micro ATMs, Financial Inclusion Plan, etc., and self-employment schemes to encourage the educated youth.
Incorporation Year: 1911
Headquarters: Mumbai
Top Management: M. V. Rao
Industry: BFSI
Website: www.centralbankofindia.co.in
Featured In Fortune India Ranking
Fortune 500 India
#74(2024)
#79(2023)
#73(2022)
#60(2021)
#60(2020)
#65(2019)
#59(2018)
#52(2017)
#48(2016)
#48(2015)
#48(2014)
#48(2013)
#50(2012)
#48(2011)
#48(2010)
#74(2024)#79(2023)#73(2022)#60(2021)#60(2020)#65(2019)#59(2018)#52(2017)#48(2016)#48(2015)#48(2014)#48(2013)#50(2012)#48(2011)#48(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
35,663
(INR Cr)
Net Operating Income
30,849
(INR Cr)
Assets
448,611
(INR Cr)
Profit
2,668
(INR Cr)
Net Worth
28,290
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 35663 19.6% | 29821 15.2% | 25889 0.3% | 25824 -5.4% | 27298 8.5% | 25165 -6.0% | 26784 -3.1% | 27646 -1.0% | 27932 -1.6% | 28376 7.5% | 26410 12.0% | 23573 14.6% | 20578 24.6% | 16514 19.5% | 13821 19.8% | 11541 - |
| Net Operating Income (INR Cr) | 30849 20.24% | 25657 12.02% | 22903 0.32% | 22830 -3.57% | 23676 4.07% | 22749 -5.85% | 24163 -2.47% | 24775 -4.67% | 25988 -1.84% | 26476 8.16% | 24478 11.79% | 21897 14.23% | 19169 25.50% | 15274 26.46% | 12079 15.35% | 10472 - |
| Profit (INR Cr) | 2668 58.9% | 1679 56.1% | 1076 - | -1000 - | -1256 - | -5617 - | -5140 - | -2459 - | -1396 - | 666 - | -1213 - | 1067 74.0% | 613 -47.2% | 1161 -0.1% | 1163 82.8% | 636 - |
| Assets (INR Cr) | 448611 10.0% | 407888 5.1% | 388177 4.7% | 370863 3.6% | 358009 7.6% | 332609 1.4% | 328008 -2.2% | 335290 9.2% | 307181 -2.0% | 313300 7.7% | 290829 8.2% | 268879 16.7% | 230436 9.6% | 210347 15.0% | 182942 23.7% | 147871 - |
| Net Worth (INR Cr) | 28290 10.7% | 25567 7.3% | 23834 5.0% | 22705 22.2% | 18574 13.8% | 16321 8.2% | 15080 0.5% | 15006 -1.4% | 15215 -4.4% | 15921 26.8% | 12553 4.1% | 12054 31.8% | 9148 22.6% | 7459 62.7% | 4584 27.3% | 3602 14.4% |
| Employee Cost (INR Cr) | 6326 12.6% | 5616 25.3% | 4482 8.0% | 4150 -1.8% | 4226 18.2% | 3574 -10.4% | 3990 -5.5% | 4221 -5.6% | 4472 16.8% | 3831 8.2% | 3541 22.3% | 2895 15.4% | 2509 -15.4% | 2966 91.8% | 1546 21.4% | 1274 - |
| Interest Cost (INR Cr) | 17882 | 13905 | 13361 | 14543 | 16005 | 15935 | 17603 | 18166 | 18889 | 19200 | 17963 | 16141 | 13986 | 9898 | 9523 | 8236 |
| Cash & Bank Balance (INR Cr) | 37608 | 44102 | 53097 | 38954 | 36105 | 31298 | 39262 | 78795 | 15570 | 14838 | 12386 | 14092 | 14127 | 15283 | 19217 | 12251 |
| Total Debt (INR Cr) | 405554 | 368109 | 350828 | 336088 | 320277 | 305951 | 301380 | 306933 | 276189 | 282040 | 262481 | 244614 | 209154 | 192266 | 169455 | 132156 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 7.5% | 5.6% | 4.2% | - | - | - | - | - | - | 2.4% | - | 4.5% | 3.0% | 7.0% | 8.4% | 5.5% |
| Profit As % Of Assets | 0.6% | 0.4% | 0.3% | - | - | - | - | - | - | 0.2% | - | 0.4% | 0.3% | 0.6% | 0.6% | 0.4% |
| Profit As % Of Networth | 9.4% | 6.6% | 4.5% | - | - | - | - | - | - | 4.2% | - | 8.9% | 6.7% | 15.6% | 25.4% | 17.7% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 9.9% | 6.8% | 4.7% | - | - | - | - | - | - | 4.2% | - | 8.3% | 5.0% | 19.1% | 24.6% | 14.8% |
| ROCE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |