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Central Bank of India Reports Strong Financial Performance and Approves Capital Raising Plan

Updated: April 28, 2025 16:12

Image Source : The Financial Express
Central Bank of India has posted its financial results for the fourth quarter, reflecting steady earnings and controlled asset quality. The bank reported total interest earned at 86.19 billion rupees, demonstrating consistent revenue generation.  
 
Net profit for the quarter stood at 10.34 billion rupees, highlighting the bank's ability to maintain profitability despite market fluctuations. Provisions and contingencies were recorded at 8.44 billion rupees, indicating a measured approach to risk management.  
 
The bank's gross non-performing assets (NPA) ratio was reported at 3.18 percent, reflecting stable asset quality. Analysts suggest that Central Bank of India's disciplined financial strategy and prudent provisioning have contributed to its resilience in the banking sector.  
 
Additionally, the bank has approved a capital raising plan for the financial year 2025-26, aggregating to 50 billion rupees. The move is expected to strengthen its financial position and support future growth initiatives.  
 
Key Highlights of Central Bank of India's Q4 Performance  
 
- Total interest earned reached 86.19 billion rupees, showcasing steady revenue generation.  
- Net profit for the quarter stood at 10.34 billion rupees, reinforcing financial stability.  
- Provisions and contingencies recorded at 8.44 billion rupees, reflecting risk management measures.  
- Gross NPA ratio at 3.18 percent, indicating controlled asset quality.  
- Approved a capital raising plan of 50 billion rupees for FY 2025-26 to support growth initiatives.  
 
Sources: Central Bank of India Financial Reports, Business Standard, Moneycontrol, Economic Times, Investing.com 

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