Central Bank of India has reported a 6.25 per cent increase in net profit at Rs 204 crore in the reporting quarter ended June 30, 2015, against Rs 192 crore in the year-ago period.
While the net interest income was marginally up at Rs 1,844 crore (Rs 1,822 crore in the year-ago period), other income was down 4 per cent at Rs 414 crore (Rs 431 crore).
As on June-end 2015, gross non-performing assets in absolute terms increased by 13 per cent to Rs 12,931 crore fromRs 11,449 crore as on June-end 2014.
Gross NPAs to total advances ratio rose to 6.70 per cent from 6.15 perc ent.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.