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Central Bank net zooms

October 30, 2009 11:50 pm | Updated 11:50 pm IST - Mumbai

Corporate Reporter
UPBEAT: S. Sridhar (left), CMD, with Arun Kaul, Executive Director, Central Bank of India, at a press conference in Mumbai on Friday. Photo: Shashi Ashiwal

UPBEAT: S. Sridhar (left), CMD, with Arun Kaul, Executive Director, Central Bank of India, at a press conference in Mumbai on Friday. Photo: Shashi Ashiwal

The net profit of Central Bank of India rose sharply to Rs. 313.93 crore for the quarter ended September 30, 2009 from Rs. 96.15 crore in the year-ago period. Total income has risen to Rs. 3,384.12 crore from Rs. 2,768.89 crore. Income from wholesale banking operations is higher at Rs. 2,195.10 crore against Rs. 1,754.49 crore.

The profit from treasury operations accounted for a major chunk of Rs. 241.59 crore against Rs. 41.73 crore, wholesale banking operations Rs. 178.60 crore (Rs. 154.96 crore) and retail banking operations Rs. 93.62 crore (Rs. 73.70 crore).

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