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Central Bank of India - Company News


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NSE   08 Feb 16 | 01:14 PM

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  • 10 Nov 15
    12:12 AM
    State-run Central Bank of India on Monday posted 9.67 per cent increase in net profit to Rs 112.87 crore for the July-September quarter. The bank had reported Rs 102.91 crore net profit in the corresponding period last year.
  • 09 Aug 15
    02:11 AM
    State-owned Central Bank of India today reported 6.2 per cent growth in net profit at Rs 203.6 crore for the first quarter ended June 30 despite increase in bad loans.
  • 13 May 15
    12:14 AM
    Public sector lender Central Bank of India recorded a 7.4 per cent rise in net profit for the fourth quarter ended March 31, 2015, at Rs 174 crore due to good recoveries and lower slippages.
  • 04 Mar 15
    12:37 AM
    Ratings agency Moody’s has downgraded ratings for Central Bank of India and Indian Overseas Bank (IOB)’s local and foreign currency deposits from “Baa3&" to “Ba1&" following the government’s policy to differentiate
  • 04 Jan 15
    11:35 AM
    State-run Central Bank of India is in the process of raising Rs 660 crore through conversion of perpetual non-cumulative preference shares (PNCPS) held by the government into equity shares.
  • 09 Nov 14
    02:44 PM
    Finance Minister Arun Jaitley today said the government is planning to bring down its stake in public sector banks to 52% so as to meet Rs 3 lakh crore capital requirement.
    12:16 AM
    Central Bank of India on Saturday reported net profit of Rs 103 crore in the September quarter on lower provisioning and improvement in margins, as against a whopping Rs 1,509 crore net loss a year ago.
  • 26 Aug 14
    08:00 PM
    The Central Bureau of Investigation (CBI) has registered a case against Electrotherm (India) Ltd., an Ahmedabad based engineering firm, for allegedly cheating the Central Bank of India to the tune of Rs 436 crore.
  • 28 Jul 14
    09:37 AM
    Central Bank of India has surged 9% to Rs 73.15 after reporting a nine-fold rise in net profit at Rs 192 crore in the April-June quarter (Q1), aided by a drop in provisions for bad loans and increase in net interest income.
  • 27 Jul 14
    12:00 PM
    State-run lender Central Bank of India has said it is in the process of selling 4% of its stake to Life Insurance Corporation through an institutional placement for Rs 581 crore to meet its capital requirement of Rs 2,000 crore this fiscal.
  • 07 Mar 14
    12:16 AM
    State-run Central Bank of India has sold its entire stake in credit information provider Cibil to Transunion International Inc for an undisclosed amount.
  • 06 Feb 14
    02:32 PM
    Central Bank of India today said its net profit for the quarter ended December 31, 2013 fell by 66% from a year earlier to Rs 61.5 crore as it made higher provisions and paid more tax.
  • 25 Jan 14
    12:40 AM
    B K Divakara has taken charge as executive director at Central Bank of India. Prior to taking charge of the new assignment, he was working as general manager with Mangalore-based Corporation Bank, another public sector lender.
  • 12 Nov 13
    12:11 AM
    Central Bank of India posted a net loss of Rs 1,509 crore for the quarter ended September 2013, owing to a huge rise in provisions for non-performing loans. In the corresponding period last year, it had recorded a net profit of Rs 330 crore.
  • 13 Sep 13
    12:04 AM
    Mumbai-based public sector lender Central Bank of India doesn’t plan to raise its base rate in the near future, despite the fact that the cost of funds has risen following the Reserve Bank of India (RBI)’s liquidity-tightening measures.


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