The Central Bank of India will declare the results of the second quarter today

NEW DELHI: The Central Bank of India, administered by the government, is prepared to declare its second quarter results Friday, November 1.

In the first quarter of 2019-20, the Central Bank of India reported a net profit of Rs 118.33 crore. Total revenues in the first quarter increased to Rs 6,493.55 rupees compared to Rs 5,904.82 rupees in the first quarter of the previous year. The board of directors of the Central Bank of India has approved the preferential allocation of shares to the government to raise up to Rs 3,353 crore. On Thursday, October 31, the shares of the Central Bank of India closed at Rs 22.80 (NSE) and on Friday November 1, opened in Rs. 23.30 (NSE).