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Central Bank of India
Q3FY22 Quarterly Result Announced for Central Bank of India

Banking company Central Bank of India declares Q3FY22 result: With sustained performance, the Bank has registered a Net Profit Rs 279 Crore compared to Net Profit of Rs 165 Crore on (69.09%) YoY basis and Net Profit of Rs 250 Crore for the quarter ended 30th September 2021 (11.60%) on QoQ basis. Operating profit improved to Rs 1223 Crore from Rs 1192 Crore (2.60%) on YoY basis. CASA deposit has increased to Rs 168557 Crore from Rs 155306 Crore registering a growth of 8.53% on YoY basis. Share of CASA deposit in total deposit has also improved to 50.01% in Dec’21. Net NPA reduced from 4.73 % to 4.39 % on YoY basis registering an improvement of 34 bps and from 4.51 % to 4.39 % on QoQ basis registering an improvement of 12 bps. CRAR improved from 12.39% to 15.87% on YoY basis registering an improvement of 348 bps and from 15.38% to 15.87% registering an improvement of 49 bps on QoQ basis. Provision coverage ratio (PCR) improved from 84.19 % to 85.77 % on YoY basis registering an improvement of 158 bps Result PDF

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