State-run Central Bank of India (CBI) plans to scale up its retail-lending portfolio to 15 percent during current fiscal from the earlier 9 percent during FY 2007-08.

The bank also plans to offload Rs 100-crore NPA accounts from its corporate loan portfolio. S Sridhar, Chairman, Central Bank of India, said, "We would be selling Rs 100-crore of bad loans to ARCs this fiscal and the proposal is currently being discussed. This would be mainly from the corporate loan book."

He added, that bank is currently in talks with a group of Assets Reconstruction Company for sale of these stick loans and expects the deal to finalise by the end of July.

The bank has also entered into an alliance with Ashok Leyland for offering loans to company's commercial vehicle customers at rate one percent below the bank's prime lending rate.

Considering the potential, the bank has targeted disbursement of commercial vehicle loans worth Rs 150-300-crore in the current fiscal. Currently, the commercial vehicle loan portfolio of the bank amounts to Rs 2,000-crore, of which nearly 2 to 5 percent loans have been extended to the customers of Ashok Leyland.