Mumbai: Public sector lender Central Bank of India expects more addition to its restructured accounts in the current fiscal though most of it has already been done last fiscal, a top bank official said on Friday.

"Though most of the restructuring has already been done during the last fiscal, some accounts are likely to be added to the list. Since April, around Rs 1,000 crore have been referred to the CDR (corporate debt restructuring) cell," the official told newspaper on Friday.

He, however, said the accounts from sectors like steel and power, which are facing stress due to economic slowdown, have already been restructured.

The public sector lender has restructured around Rs 7,000 crore in the fourth quarter of last financial year, taking its total restructured portfolio to around Rs 17,000 crore.

Higher amount of restructuring had its reflection on the balance sheet of the bank, which posted a quarterly loss of Rs 105.23 crore in Q4 of FY12.

However, the bank management had earlier said it was hopeful of posting profit in the current quarter.

"We hope to post profit in the first quarter of the current fiscal as our entire loan books are now tracked through system," Chairman and Managing Director M V Tanksale had said while announcing the earnings.


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