Central Bank net up 59.3% to Rs 180 cr
The net interest margins (NIMs) of the bank rose by 7 basis points (bps) to 2.6%, thanks to easing cost of funds.
Central Bank chairman and managing director MV Tanksale said that the asset quality worries have begun to ease. “The slippages have been progressively coming down. In the October-December quarter they stood at R1,212 crore down from R1,800 crore in the previous quarter,” he said.
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