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Central Bank of India turns black in Q2

02 Nov 2019 Evaluate

Central Bank of India has reported results for second quarter ended September 30, 2019.

The Bank has reported a net profit of Rs 134.07 crore for the quarter under review against net loss of Rs 923.60 crore for the same quarter in the previous year. Total income of the bank increased by 8.18% at Rs 6703.71 crore for Q2FY20 as compared Rs 6197.00 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a net profit of Rs 138.58 crore for the quarter under review against net loss of Rs 935.54 crore for the same quarter in the previous year. Total income of the bank increased by 8.10% at Rs 6728.17 crore for Q2FY20 as compared Rs 6224.05 crore for the corresponding quarter previous year.


Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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