Central Bank and Kotak Bank made record profit in the third quarter, do you know whose profit increased by how much?

Central Bank and Kotak Bank made record profit in the third quarter, do you know whose profit increased by how much?

Quarterly results banks: Private sector Kotak Mahindra Bank and Central Bank released their quarterly results today. Both banks made profits in the third quarter. Kotak Mahindra Bank said on Friday that its stand-alone net profit for the third quarter ended December 2021 grew 15 percent to Rs 2,131 crore. The bank had reported a net profit of Rs 1,854 crore for the quarter ended December 2020.

Central bank profits also increased
Apart from this, India’s central bank net profit is up 69 percent to Rs 279 crore in the third quarter. The bank had made a net profit of Rs 165 crore in the same period a year ago.

Kotak Mahindra Bank gave information
Kotak Mahindra Bank said in the information given to the exchanges that in the third quarter of the current fiscal year, its total revenues on a stand-alone basis have increased by four percent to Rs 8,260.48 crore from Rs 7,950 crore in the same quarter of the financial year. 2020-21.

Previously, profits had risen by 31 percent
On a consolidated basis, the bank’s net profit grew 31 percent to Rs 3,403 crore in the October-December quarter of 2021-22, from Rs 2,602 crore in the same period last year. However, on a consolidated basis, income fell from Rs 14,671 crore to Rs 14,176 crore.

Central Bank gave information
The Central Bank of India told the stock market that its total income rose to Rs 6,666.45 crore in October-December 2021. Net interest income also rose to Rs 2,746 crore from Rs 2,228 crore in the same period a year ago. It was told that in the quarter ending December, the bank’s gross non-performing assets (NPA) fell by 15.16 percent.

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