Central Bank of India Q3 result update: Key things to know

PSU bank’s net profit rose 56.7% YoY to ₹717.9 crore, while net Interest Income (NII) fell 4% YoY to ₹3,151.8 crore. Meanwhile, Bank’s net interest margin (NIM) improved to 3.33%, up 6 bps.

Gross NPA at 4.50% vs 4.62% (QoQ), while Net NPA at 1.27% vs 1.64% (QoQ). Central bank of india Q3 provisions & contingencies at ₹822 crore versus ₹994 crore.

Following the result announcement, shares of the public bank lender rose 2.5%, with a day high of ₹54.7 per share.