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Central Bank of India Q2 Profit Rises 21%

Central Bank of India reported a 21 percent rise in its second-quarter profit. Its loans grew 30 percent over the same period.

Context

Context: Central Bank of India is a public sector bank, so its quarterly numbers offer a view of how state-run lenders are performing. Loan growth matters because banks earn much of their income from lending.

The Economic Times
Burning Potato score: 20%

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