Breaking News

You are here » Indian-Commodity  :  Corporate  :  Central Bank of India opens subscription for 'Sovereign Gold Bonds 2016'

06-Sep2016

Central Bank of India opens subscription for 'Sovereign Gold Bonds 2016'

Central Bank of India has opened subscription for the Sovereign Gold Bonds 2016 - Series II with effect from September 01 to September 09, 2016 as per the Notification Issued by Government of India. The terms and conditions for the issuance and sale of the Bonds for Resident Indian Entities will be available with all the branches of the bank.

The bank has posted a net loss of Rs 599.81 crore for the quarter ended June 30, 2016 as compared to a net profit of Rs 203.60 crore for the same quarter in the previous year. Total income of the bank decreased by 6.15% to Rs 6662.68 crore for the quarter under review from Rs 7098.99 crore for the corresponding quarter of the previous year.

The bank's gross NPA for the April-June quarter of the current fiscal increased to 13.52%, as compared to 6.70% in the same quarter of the previous year. Besides, bank's Net NPA stood at 8.17% in Q1FY17.



Related News

View all news

TCS features as star performer in Digital Workplace Services by Everest Group

Tata Consultancy Services (TCS) has been recognized as a leader and Star Performer for the second year in a row in the Everest Group PEAK Matrix for Worldwide Digital Workplace Services. In an assessment......

Tribhovandas Bhimji Zaveri opening 38th store in Uttar Pradesh

Tribhovandas Bhimji Zaveri is opening its 38th store at G-31 & G-32 consisting of Basement Ground Floor & First Floor Noida, in state of Uttar Pradesh on August 18, 2018.Earlier, the company......

ENIL commences broadcast from its radio station in Tamil Nadu

Entertainment Network India (ENIL) has commenced broadcast from its radio station at Tirunelveli (95.0 FM) in the state of Tamil Nadu, which is acquired under Phase 3 auctions.ENIL is one of the leading......

Top News

View all news

Shriram City Union Finance planning to raise up to Rs 500 crore

Shriram City Union Finance is planning to raise funds up to Rs 500 crore. The company intends to issue and allot on private placement basis 5,000 number of secured non-convertible redeemable debentures......

TCS features as star performer in Digital Workplace Services by Everest Group

Tata Consultancy Services (TCS) has been recognized as a leader and Star Performer for the second year in a row in the Everest Group PEAK Matrix for Worldwide Digital Workplace Services. In an assessment......

Tribhovandas Bhimji Zaveri opening 38th store in Uttar Pradesh

Tribhovandas Bhimji Zaveri is opening its 38th store at G-31 & G-32 consisting of Basement Ground Floor & First Floor Noida, in state of Uttar Pradesh on August 18, 2018.Earlier, the company......