Central Bank of India Q1 net up 6.25%

Our Bureau Updated - January 23, 2018 at 11:52 AM.

central

Central Bank of India has reported a 6.25 per cent increase in net profit at Rs 204 crore in the reporting quarter ended June 30, 2015, against Rs 192 crore in the year-ago period.

While the net interest income was marginally up at Rs 1,844 crore (Rs 1,822 crore in the year-ago period), other income was down 4 per cent at Rs 414 crore (Rs 431 crore).

As on June-end 2015, gross non-performing assets in absolute terms increased by 13 per cent to Rs 12,931 crore fromRs 11,449 crore as on June-end 2014.

Gross NPAs to total advances ratio rose to 6.70 per cent from 6.15 perc ent.

Published on August 8, 2015 08:55