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Central Bank of India Ltd (CBI.NS)

CBI.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Central Bank of India posts Sept-qtr loss
Friday, 4 Nov 2016 06:40am EDT 

Central Bank of India Ltd : Sept-quarter net loss 6.42 billion rupees versus net profit of 1.13 billion rupees year ago . Sept-quarter interest earned 61.89 billion rupees versus 66.31 billion rupees year ago . Sept-quarter provisions 16.61 billion rupees versus 6.45 billion rupees year ago . Sept-quarter gross NPA 13.70 percent versus 13.52 percent previous quarter .Sept-quarter net NPA 8.17 percent versus 8.17 percent previous quarter.  Full Article

Central Bank Of India posts June-qtr loss
Friday, 12 Aug 2016 02:29am EDT 

Central Bank of India Ltd : Says June-quarter gross NPA 13.52 percent versus 11.95 percent previous quarter . Says June-quarter net loss of 6 billion rupees versus net profit of 2.04 billion rupees year ago . Says June-quarter net NPA 8.17 percent versus 7.36 percent previous quarter . Says June-quarter interest earned 31.68 billion rupees versus 66.85 billion rupees year ago . Says June-quarter provisions 15.44 billion rupees versus 5.81 billion rupees year ago .  Full Article

Central Bank of India approves raising capital of up to 12.97 bln rupees
Monday, 25 Jul 2016 06:23am EDT 

Central Bank of India Ltd : Approved raising additional capital of up to 12.97 billion rupees by issue, allotment of shares to India government on preferential basis .  Full Article

Central Bank Of India to consider raising equity capital via issue of shares to India govt
Wednesday, 20 Jul 2016 10:16am EDT 

Central Bank of India Ltd : To consider and approve raising of additional equity capital upto 12.97 billion rupees by issue of shares to government of India .  Full Article

Moody's: Consolidation of Indian banking system presents greater risks than benefits
Monday, 27 Jun 2016 10:26pm EDT 

Moody's: Moody's: Consolidation of Indian banking system presents greater risks than benefits . India's banking system has witnessed an increase in stressed assets since 2012 . No Indian PSB currently has the financial strength to assume consolidator role without risking its own credit standing post-merger .Indian government's proposal to consolidate country's public sector banks creates risks that could offset the potential long-term benefits..  Full Article

Central Bank Of India posts March-qtr loss
Friday, 13 May 2016 08:48am EDT 

Central Bank of India Ltd : Says March-quarter net loss 8.98 billion rupees versus net profit of 1.74 billion rupees year ago . Says March-quarter gross NPA 11.95 percent versus 8.95 percent previous quarter . Says March-quarter interest earned 61.51 billion rupees versus 67.70 billion rupees year ago . Says March-quarter provisions 22.87 billion rupees versus 6.17 billion rupees year ago . Says March-quarter net NPA 7.36 percent versus 5.30 percent previous quarter .  Full Article

Central Bank of India Ltd recommends dividend
Tuesday, 12 May 2015 04:14am EDT 

Central Bank of India Ltd:Recommended dividend of 0.50 Indian rupee per equity share of 10 Indian rupee each ( at 5 pct on equity share capital) for FY 2014-15.  Full Article

Indian bank teaches investors a lesson in loss absorption

SINGAPORE, Aug 12 (IFR) - India's central bank has blocked a small local lender from paying a coupon on its subordinated bonds after its capital ratio dropped below the regulatory minimum, highlighting the risks investors face in the country's thinly capitalised banking system.