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What is Central Bank of India Q2 2012 Financial Results about?

The Central Bank of India released its reviewed financial results for the quarter ended June 30, 2012. Total income was Rs. 562,197 lacs, up from Rs. 395,301 lacs in the same quarter last year. Net profit was Rs. 33,591 lacs compared to Rs. 28,071 lacs in the corresponding quarter of the previous year. Gross and net non-performing assets (NPAs) as a percentage of total advances stood at 4.83% and 2.29% respectively. Capital adequacy ratios were comfortable at 11.32% and 13.87% under Basel I and Basel II nor

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