Central Bank of India

Central Bank of India reported a 32 percent year-on-year increase in net profit for the third quarter, reflecting steady improvement in asset quality, stronger core income, and disciplined cost management. The performance highlights the public sector lender’s continued recovery after years of balance-sheet stress, supported by lower credit costs and healthier loan growth. Improved operational efficiency and a stable interest rate environment further aided earnings momentum.

Central Bank of India reported a strong financial performance for the first quarter of FY25, posting a 33% year-on-year increase in net profit to Rs. 1,169 crore. This growth was supported by healthy expansion in net interest income, improved asset quality, and a decline in provisions. The state-owned lender’s operating metrics continue to show a positive trajectory, reflecting a strategic focus on retail lending, digital banking, and prudent risk management.