<p>New Delhi: The state-owned Central Bank of India on Friday posted a 57 per cent increase in its profit at Rs 718 crore in the third quarter ended December 2023.</p>.<p>The bank had earned a net profit of Rs 458 crore in the same quarter a year ago.</p>.<p>Total income increased to Rs 9,139 crore during the quarter under review against Rs 7,636 crore in the same period last year, the Central Bank of India said in a regulatory filing.</p>.<p>However, the net interest income of the bank declined to Rs 3,152 crore during the quarter compared to Rs 3,285 crore in the same period a year ago.</p>.Hyundai earmarks Rs 6,000 crore investment in Maharashtra; completes Talegaon plant acquisition.<p>Bank's gross Non-Performing Assets (NPAs) declined to 4.50 per cent of the total loans at the end of December 2023 from 8.85 per cent a year ago.</p>.<p>Net NPAs or bad loans also came down to 1.27 per cent from 2.09 per cent at the end of the third quarter of the previous fiscal. </p>
<p>New Delhi: The state-owned Central Bank of India on Friday posted a 57 per cent increase in its profit at Rs 718 crore in the third quarter ended December 2023.</p>.<p>The bank had earned a net profit of Rs 458 crore in the same quarter a year ago.</p>.<p>Total income increased to Rs 9,139 crore during the quarter under review against Rs 7,636 crore in the same period last year, the Central Bank of India said in a regulatory filing.</p>.<p>However, the net interest income of the bank declined to Rs 3,152 crore during the quarter compared to Rs 3,285 crore in the same period a year ago.</p>.Hyundai earmarks Rs 6,000 crore investment in Maharashtra; completes Talegaon plant acquisition.<p>Bank's gross Non-Performing Assets (NPAs) declined to 4.50 per cent of the total loans at the end of December 2023 from 8.85 per cent a year ago.</p>.<p>Net NPAs or bad loans also came down to 1.27 per cent from 2.09 per cent at the end of the third quarter of the previous fiscal. </p>