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18-May2018

Central Bank of India reports net loss of Rs 2,113.51 crore in Q4

Central Bank of India has reported results for the fourth quarter and year ended March 31, 2018. 

The Bank has reported a net loss of Rs 2,113.51 crore for the quarter ended March 31, 2018 as compared net loss of Rs 591.77 crore for the same quarter in the previous year. Total income of the Bank decreased by 11.51% at Rs 6,301.50 crore for quarter under review as compared to Rs 7,121.05 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the Bank has posted a net loss at Rs 5,104.91 crore as compared to net loss of Rs 2,439.10 crore for the previous year. Total income of Bank decreased by 3.19% at Rs 26,657.86 crore for year under review as compared to Rs 27,537.05 crore for the year ended March 31, 2017.


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