Central Bank of India Q1 Results: Profit Jumps 13% to ₹1,324 Cr, Asset Quality Improves
Central Bank of India reports a 13% growth in net profit to ₹1,324 crore for the June quarter, driven by a rise in interest earned and a decline in provisions for bad loans. The bank’s asset quality has also improved, with gross NPAs moderating to 2.60% of gross advances.