Central Bank of India has reported results for third quarter ended December 31, 2018.
The Bank has reported a net loss of Rs 718.23 crore for the quarter under review as compared to the net loss of Rs 1,664.22 crore for the same quarter in the previous year. Total income of the Bank decreased by 3.95% at Rs 6,329.17 crore for Q3FY19 as compared Rs 6,589.32 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 20.64%, as compared to 18.08% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 10.32% in Q3FY19.