Central Bank of India’s net profit doubles in Q3

Central Bank Of India | Bank - Public | BFSI | BSE: 532885 | NSE: CENTRALBK

04 Feb 2015 Evaluate

Central Bank of India has reported results for third quarter ended December 31, 2014.

The bank has registered over two-fold jump in its net profit at Rs 137.65 crore for the quarter under review as compared to Rs 61.53 crore for the same quarter in the previous year. Total income of the bank has increased 4.83% at Rs 7032.70 crore for Q3FY15 as compared Rs 6708.50 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) improved to 6.20% in the October- December quarter as against 6.48% in the same quarter previous year, while net NPAs stood at 3.58%.

Peers

Company Name	CMP
State Bank Of India	978.50
PNB	117.05
Bank Of Baroda	234.55
Canara Bank	125.90
Union Bank Of India	179.25
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