Page 5 of Central Bank of India

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RBI slaps Rs 84.5-lakh fine on Central Bank

The bank also recovered SMS alert charges from its customers on a flat basis rather than on an actual usage…

May 27, 2023 02:30 IST

Central Bank of India, Q1FY24 results, quarter results, profit, interest, NII, NPA, NIM, deposits, loan book, banking sector

Central Bank of India’s profit jumps 64% in Q3

Net interest margin (NIM) improved 31 basis points (bps) to 4.07% as of December 31.

January 19, 2023 05:00 IST

Central Bank of India posts 27% rise in profit

This is the first time the bank has posted earnings after coming out of the prompt corrective action (PCA) framework…

Updated: October 21, 2022 07:24 IST

Deposit maturity: Bank stops withdrawal saying deposit slip issued by mistake. NCDRC decides against it

A bank may not deny withdrawal on the maturity of a deposit scheme saying the deposit certificate was issued by…

September 29, 2022 12:15 IST

Central Bank of India likely to exit RBI PCA framework soon

As per the revised guidelines, capital, asset quality and leverage are the key areas for monitoring in the revised framework.

August 21, 2022 15:23 IST

Central Bank of India Q1 net rises 14.2 pc to Rs 234.78 crore

The State-owned lender had posted a net profit of Rs 205.58 crore in the same quarter a year ago.

Updated: July 25, 2022 15:14 IST

Government mulls entire stake sale in two banks to woo investors

NITI Aayog has already recommended the privatisation of Indian Overseas Bank (IOB) and Central Bank of India (CBI), although the…

June 29, 2022 03:00 IST

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

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