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Central Bank of India turns black in Q3

28 Jan 2020 Evaluate

Central Bank of India has reported results for third quarter ended December 31, 2019.

The Bank has reported net profit of Rs 155.32 crore for the quarter under review against net loss of Rs 718.23 crore for the same quarter in the previous year. Total income of the bank increased by 15% at Rs 7,278.29 crore for Q3FY20 as compared Rs 6,329.17 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported net profit of Rs 164.28 crore for the quarter under review against net loss of Rs 681.16 crore for the same quarter in the previous year. Total income of the bank increased by 14.98% at Rs 7,307.98 crore for Q3FY20 as compared Rs 6,356.00 crore for the corresponding quarter previous year.


Peers
Company Name CMP
State Bank Of India 940.20
PNB 116.00
Bank Of Baroda 235.20
Canara Bank 117.80
Union Bank Of India 172.25
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