Central Bank of India has reported results for the year ended March 31, 2011 on consolidated basis.
The group’s net profit for the year has declined marginally 0.10% at Rs 1161.37 crore as compared to Rs 1162.55 crore for the year ended March 31, 2010. Total income for the year has increased by 19.49% at 16513.65 crore as compared to Rs 13820.61 crore for the previous year.
Central Bank of India has recommended a final dividend of 25% on the equity share capital or Rs 2.50 per equity share of Rs 10 each including an interim dividend of 10% on equity share capital or Rs 1 per equity share of Rs 10 each declared earlier by the Bank during the Financial Year 2010-11.
