Central Bank of India Q1 net up 4-fold at Rs 267 cr

Central Bank of India on Monday reported over 4-fold growth in net profit at Rs 266.80 crore for the first quarter ended June 30, 2009.

Total income rose by 24.24 per cent to Rs 3,196.06 crore during the first quarter, Central Bank of India said in a filing to the Bombay Stock Exchange. During the April-June quarter, the bank’s interest income grew 16.22 per cent to Rs 2,802.48 crore, w hile interest expenditure rose by 15 per cent to Rs 2,225.30 crore over the same period last year.

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