Central Bank of India 2021 Annual Report with Sustainability Disclosures
Company: Central Bank of India
Sector: Finance & insurance
Country: India
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 480
The report describes Central Bank of India's FY2020-21 performance amid the COVID-19 pandemic, with total business reaching ₹5,06,886 crore despite a net loss of ₹888 crore. Capital adequacy strengthened, with Basel-III CRAR improving to 14.81%. The company expanded financial inclusion by covering 24,311 villages through 6,532 BC agents and continued support for rural and disadvantaged customers. It also provided pandemic-related assistance to employees, including financial support, special leave and vaccination-cost reimbursement.
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