Biz File

Central Bank deposits up 18 per cent
The Central Bank of India earned an operating profit of Rs 132.88 crore for the half year ended September 30 as against Rs 102.15 crore for the corresponding half year ended September 30, 1997. The aggregate deposits of the bank recorded an increase of 18.94 per cent from Rs 24.107 crore as on September 30, 1997 to Rs 28,673 crore as on September 30, 1998. The gross credit increased to Rs 12,452 crore. The net investment of the bank stood at Rs 14,381 crore reflecting an increase of 1.96 per cent level of September 30, 1997.