New Delhi, Jul 29 (PTI) State-run Central Bank of India today reported a net loss of Rs 576.76 crore for the quarter ended June 30, 2017. Also Read - These 4 Banks Have Been Shortlisted by Government For Privatisation | All You Need to Know
The bank had reported a net loss of Rs 599.81 crore in the corresponding quarter a year ago. Also Read - Public sector banks zoom up to 19% on fund infusion plan
Total income stood at Rs 6,870.78 crore for the quarter under review, as against Rs 6,662.68 crore in the first quarter of the previous fiscal, Central Bank of India said in a BSE filing. Also Read - Govt announces Rs 48,239 cr recapitalisation plan for 12 PSBs
Its provisioning and contingencies, however, fell to Rs 1,269.02 crore during the quarter from Rs 1,543.66 crore a year ago.
Gross non-performing assets of the bank rose to 18.23 per cent from 13.52 per cent, while net NPA too jumped to 11.04 per cent from 8.17 per cent.
This is published unedited from the PTI feed.