IIIT Bhopal Gets Govt Funding For AI Healthcare, Research; Central Bank Of India Registers 48.49% Net Profit

IIIT Bhopal Gets Govt Funding For AI Healthcare, Research

Bhopal (Madhya Pradesh): Indian Institute of Information Technology (IIIT) Bhopal has secured four prestigious research projects under central government’s Partnerships for Accelerated Innovation and Research programme, administered by the Anusandhan National Research Foundation (ANRF).

Working in association with IIT Indore as hub institution, IIIT Bhopal will contribute to national research initiatives in the critical domains of Healthcare and Medical Technology and Advanced Materials.

The institute’s proposals were selected through a rigorous, multi-stage national evaluation conducted by ANRF at Indian Academy of Sciences, Bengaluru, on March 7-8, 2025.

Only seven institutions out of 30 finalists received project approvals, placing IIIT Bhopal in a distinguished cohort of research leaders. The hub and spoke institutions are set to receive a combined research grant worth a remarkable Rs 100 crore.

“This is a landmark achievement for our institute and a reflection of the research culture we are building,” director, IIIT Bhopal, Ashutosh Kumar Singh says, adding, “our global academic exposure and collaborative strengths are enabling us to contribute meaningfully to India’s innovation goals.”

Central Bank Of India Registers 48.49% Net Profit

Bhopal (Madhya Pradesh): The Central Bank of India registered a net profit of 48.49 per cent year-on-year (Y-O-Y) at the end of March 2025 financial year from Rs 2,549 crore to Rs 3785 crore. The bank registered a net profit of 28.13 per cent to Rs 1,014 crore in the quarter ended March 2025.

The total business crossed Rs 7 lakh crore to reach Rs 7,02,798 crore, which is a growth of 10.37 per cent year-on-year. Advances rose sharply by 15.24 per cent to Rs 2,90,101 crore, while deposits grew by 7.19 per cent to Rs 4,12,697 crore.

Gross Non-Performing Assets (GNPA) ratio fell to 3.18 per cent as of March 2025, down from 4.50 per cent a year earlier. However, net interest margin (NIM) remained stable at 3.40 per cent. The Central Bank’s return on assets (ROA) improved to 0.86 per cent and return on equity (ROE) climbed to 12.48 per cent for FY25.

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