Central Bank of India has reported results for fourth quarter and year ended March 31, 2014.
The bank has posted a fall of 3.96% in its net profit at Rs 162.44 crore for the quarter ended March 31, 2014 as compared to Rs 169.15 crore for the same quarter in the previous year. However, total income of the bank has increased by 8.71% at Rs 6961.67 crore for quarter under review as compared to Rs 6403.57 crore for the quarter ended March 31, 2013.
For the full year ended March 31, 2013, the company has posted net loss of Rs 1262.84 crore as compared to the net profit of Rs 1014.96 crore for the same period in the previous year. However, total income increased by 11.99% at Rs 26350.13 crore for year under review as compared to Rs 23527.98 crore for the year ended March 31, 2013.
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