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Central Bank of India’s fourth quarter profits rose 28% to Rs 1,034

New Delhi, April 28 (PTI) State-owned central bank of India reported on Monday that net profit increased by 28% The decline in loans helped lending for Rs 1,034 crore in the April quarter.

Mumbai-based lenders have made net profits 8.07 million in the same period last year.

In the quarter, the total bank’s revenue increased to 104.33 million The central bank of India said in a regulatory filing a year ago that it was $969.9 billion a year ago.

Interest income increased to From 86.19 million 83.37 million in advance.

However, net interest income (NII) fell for the quarter From 33.99 million 35.41 million.

In terms of asset quality, the bank’s total non-performing assets (NPA) is 3.18%, while the bank’s total assets are 3.18% by the end of March 2024.

Similarly, net NPA fell to 0.55% above 1.23% above the end of 2024.

As a result, the total regulations for the quarter have been reduced to 9.69 million One year ago, the same quarter was 1.257 billion.

As of March 31, 2025, the supply coverage rate was 96.54%.

The bank’s capital adequacy ratio rose from 15.08% to 17.02% from the end of fiscal year 24.

Throughout the fiscal year 2024-25, the bank reported a 78% increase in profits 37.85 million The previous year was 25.49 million.

The bank’s total revenue in the fiscal year rose to 395.21 million 354.34 million a year ago.

NII rose 7.7% 138.97 million Last year, 12.896 million. For the year ended March 2024, the net interest margin for the year was 3.08%.

The bank’s board of directors recommends a dividend of 18 Paise per share, accounting for 1.87% of the face value 2024-25 10 per person.

In addition, the board approved the bank’s 2025-26 bank raising plan Rs 50,000 crore was made on request by subsequent public quotation (FPO)/rights issues or any other model.

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