Page 4 - Central Bank Of India

Central Bank of India reduces MCLR by 5 basis points across all tenors

Central Bank of India has reduced its marginal cost of funds-based lending rates (MCLR) by 5 basis points (bps) across all tenors, effective from Tuesday

Central Bank of India appoints Ashwini K Shukla as chief risk officer

State-run Central Bank of India on Monday said it has appointed Ashwini Kumar Shukla as its chief risk officer (CRO), effective August 3

Central Bank's Q1 pre-tax profit up over four-fold at Rs 316.33 cr

Higher net interest income, dip in provisions drive profits

Central Bank of India Q1 profit up at Rs 147 cr, NPA ratio slumps to 6.76%

The bank had posted a net profit of Rs 121.61 crore during the same quarter a year ago

Central Bank has exhausted cap on exposure to NBFCs: Pallav Mohapatra

"We have financed the NBFCs and exhausted the exposure cap for the sector," MD & CEO of Central Bank Pallav Mohapatra said

Central Bank posts Q3 PBT at Rs 447.11 crore; stock closes 3.73% lower

The company had posted loss before tax of Rs 1,096.6 crore in third quarter ended December 2018 (Q3FY19)

Tamil Nadu villagers withdraw Rs 6 cr after bank mentions NPR as document

Many of the accounts were held by Non-Resident Indians, they said.

NPA provisioning divergence: Central Bank's FY19 loss rises to Rs 6,430 cr

The bank had reported Rs 11,333.24 crore net NPAs during the year while the RBI assessed it at Rs 13,898.24 crore

Central Bank to raise upto 1,000 cr in equity via QIP in Q4, FPO next year

FPO to strengthen lender's capital adequacy, size will depend on success of QIP

Central Bank of India Q2 net profit at Rs 139 cr as bad loans come down

The state-owned lender had posted a loss of Rs 935.54 crore in the year-ago period

Central Bank to raise Rs 3,353 cr via preferential equity allotment to govt

Shares of Central Bank of India closed 1.70% higher at Rs 17.95 apiece on the BSE

Central Bank withdraws insolvency application against Aban Offshore

Both parties say they are settling dispute; NCLT dismisses application, permits lender to approach it later

Central Bank of India set to raise Rs 2000 crore via tier-II bonds

These rated instruments (tier-II bonds under Basel III) is a hybrid subordinated instrument with equity-like loss-absorption features.

Edelweiss Group, Central Bank of India join hands to co-lend to MSMEs

The partnership comes after the Reserve Bank of India announced progressive Co-Origination Policy in September 2018, allowing banks and NBFCs to co-lend to a wider set of enterprise owners

Central Bank to raise Rs 5,000 cr this fiscal to meet Basel III norms

Lender plans rights issue, FPO as part of fund raising exercise; says it will be requiring capital to meet prescribed capital adequacy ratio on ongoing basis

Central Bank of India report a loss of Rs 718.23 crore for December quarter

Its total income decreased to Rs 6,329.17 crore during the quarter under review, as against Rs 6,589.32 crore in the year-ago period

Central Bank of India Q2 loss widens to Rs 9.24 bn due to rising bad loans

Total income also fell to Rs 61.97 billion in the quarter, from Rs 68.96 billion a year ago

CBI Q1 net loss widens to Rs 15.22 bn on 2-fold rise in bad loan provisions

Income of the Central Bank of India fell to Rs 59.04 billion in first quarter of 2018-19 from Rs 68.70 billion in the same period of 2017-18 as core income dropped

Central Bank of India to raise Rs 80 bn to strengthen core capital

The proposal was approved by shareholders at the bank's annual general meeting held on June 30

RBI puts Central Bank of India under 'corrective action' as bad loans surge

Central Bank of India had a net non-performing loans ratio of 10.2 per cent, as of end-March