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Central Bank of India posts 14.9% growth in advances in Q3

05 Jan 2024 Evaluate

Central Bank of India has posted a 14.9 per cent growth in advances to Rs 2.4 lakh crore for the December quarter (Q3) of current financial year. Total advances stood at Rs 2.08 lakh crore at the end of the third quarter of the last financial year.

The bank's deposits rose 9.52 per cent to Rs 3.77 lakh crore during the quarter from Rs 3.44 lakh crore in the year-ago period. As a result, the total business of the bank increased 11.5 per cent to Rs 6.17 lakh crore at the end of December 31, 2023.

Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.


Peers
Company Name CMP
State Bank Of India 964.70
PNB 122.45
Bank Of Baroda 236.40
Canara Bank 118.85
Union Bank Of India 184.75
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