Central Bank of India to seek shareholders' nod to set off accumulated loss of Rs 18,724 cr

Central Bank of India to seek shareholders' nod to set off accumulated loss of Rs 18,724 cr

Central Bank of India to seek shareholders' nod to set off accumulated loss of Rs 18,724 crJul 17, 2021, 12:11 AM IST

Central Bank of India said the setting off of accumulated loss would benefit the shareholders of the bank as their holding will yield better value. It will also enable the bank to explore opportunities to the benefit of the shareholders of the bank.

Reduction in NPAs for PSBs due to write-offs at Rs 1,31,894 cr in FY21: RTIJul 17, 2021, 12:09 AM IST

The RTI query was filed by Nagpur-based Sanjay Thul seeking information on non-performing assets (NPAs) of state-run banks and bad loans write-off by PSBs in the last ten years from the Reserve Bank of India (RBI).

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