Page 2 of Central Bank of India

Net interest income increased to Rs 2,416.07 crore from Rs 1,516.39 crore, a growth of 59.33%. The net interest margin improved to 3.26% from 2.04% during Q4FY21, said the bank in a release.

Central Bank back in black with Rs 310-crore profit

The bank’s asset quality improved during as the gross NPA ratio fell 171 basis points YoY to 14.84%, while the…

May 10, 2022 02:30 IST

Bank privatisation Bill unlikely in Budget session

The Niti Aayog has reportedly suggested that Indian Overseas Bank and Central Bank of India be privatised. But a key…

March 17, 2022 01:23 IST

Centre to provide capital support mostly to weak public sector banks

Earlier this month, Punjab & Sind Bank got board approval to raise equity capital worth Rs 4,600 crore by issuing…

February 27, 2022 15:15 IST

Central Bank of India, IOB, Indian overseas Bank, Nifty PSU Bank index, privatisation

Nifty PSU Bank soars 2.5%; Central Bank of India, IOB share prices hit new 52-week highs on privatisation buzz

Central Bank of India, Indian Overseas Bank share prices hit fresh 52-week high on BSE in intraday deals amid reports…

June 22, 2021 12:25 IST

PSU Bank, Central Bank of India, Indian Overseas Bank, J&K Bank

Nifty PSU Bank index zooms over 4%; Central Bank of India, IOB, J&K Bank share prices hit 20% upper circuits

Central Bank of India, Indian Overseas Bank and J&K Bank share prices hit 20 per cent upper circuit in intraday…

June 21, 2021 15:29 IST

Stocks in focus: Indian Overseas Bank, Future Enterprises, Central Bank, UCO Bank, Axis Bank, Adani Green, HAL

Nifty futures were trading at 14,856, up 110 points or 0.75 per cent, on Singaporean Exchange, suggesting a gap-up opening…

April 1, 2021 08:50 IST

CBI carries out searches at 100 locations across 11 states in separate bank fraud cases

“These searches are part of a special drive to book fraudsters on the complaints received from different nationalised banks in…

Updated: March 25, 2021 21:26 IST

Central Bank of India, Indian Overseas Bank shares jump 20% each on privatisation rumours

Central Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Bank of India share price hit respective upper circuits…

Updated: February 18, 2021 13:29 IST

Central Bank of India to exit housing finance business; to sell joint venture stake for Rs 160 crore

“This is to inform that the bank has entered into a binding agreement to divest its entire equity stake of…

December 24, 2020 19:51 IST

Make in UP, Make in India, investment, modi's economic package, nirmala sitharaman economic package

Central Bank of India targets 1 lakh MSMEs to benefit under this new emergency credit scheme

Credit and Finance for MSMEs: Central Bank of India has launched a new scheme to support businesses including MSMEs suffering…

April 29, 2020 18:32 IST

Central Bank to raise Rs 3,000 crores from public offer

The bank will seek shareholders nod for this at Annual General Meeting (AGM) to be held on June 30.

June 8, 2016 21:50 IST

RBI readies new banknote designs; Board takes stock of economy

Currency notes in India may soon carry a new look with the central board today recommending to the government a…

May 19, 2016 18:35 IST

5 PSU banks post Rs 6,751-cr loss in Q4 on bad loans, should you invest?

Bad loan mounts: Five public sector banks such as Bank of Baroda, UCO Bank, Central Bank of India, Allahabad Bank…

Updated: May 16, 2016 11:39 IST

SEBs are wilful defaulters: Banks could see Rs 3-4 lakh crore NPAs

It’s possible there could be a bailout of sorts such that SEBs don’t need to repay their loans immediately.

Updated: September 15, 2015 09:30 IST

Central Bank of India to raise Rs 3000 cr capital this fiscal

State-run Central Bank of India requires Rs 3,000 crore capital this year and plans to raise the same from the…

August 9, 2015 15:56 IST

Central Bank of India Q1 net profit rises 5.7% to Rs 203 crore

Public sector lender Central Bank of India on Saturday reported a net profit of Rs 203 crore in the June…

Updated: August 9, 2015 09:17 IST

Central Bank net up 7.4%, asset quality improves

Public sector lender Central Bank of India on Tuesday reported a net profit of R174 crore in Q4FY15.

May 13, 2015 00:16 IST

PSU banks turn to LIC for lifeline

Life Insurance Corporation of India (LIC) continues to add to its already substantial stake in several public sector banks as…

Updated: March 21, 2015 05:24 IST

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India FMCG growth hit by GST 2.0 disruption; Rural demand growth outpaces urban

Business39 min ago

NielsenIQ’s report reveals a slowdown in Indian FMCG sales growth due to GST rate changes. However, value growth increased by 12.9%, with rural areas surpassing urban areas for the 7th quarter. The report also discusses the impact of e-commerce and economic measures on consumption. Despite hurdles, the sector remains strong, with rural markets driving growth.

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