Central Bank of India’s PAT jumps 51 per cent to Rs 913 crore

The Central Bank of India reported a 51% increase in its profit after tax (PAT) for the second quarter, reaching ₹913 crore. The significant growth in profit is attributed to higher net interest income and improved asset quality. The bank’s net interest income rose by 18%, while its gross non-performing assets (NPA) ratio improved to 6.5% from 8.5% in the previous quarter. The bank’s performance reflects its efforts to strengthen its financial position and enhance profitability. The positive results are expected to boost investor confidence and support the bank’s growth strategy in the coming quarters.