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  • See net NPA at 2-2.10% by March quarter end: Corporation Bk Feb 14, 2014 04:13 PM IST

    See net NPA at 2-2.10% by March quarter end: Corporation Bk

    Restructured assets are at Rs 1,163 crore, but our portfolio taken as a percentage is 5.35 percent of the total credit SR Bansal, CMD, Corporation Bank said.

  • Provisioning, investment hit a drag in Q2: Corporation Bank Nov 13, 2013 03:55 PM IST

    Provisioning, investment hit a drag in Q2: Corporation Bank

    Year-on-year basis, the bank is short by Rs 472.57 crore mainly because of additional investment depreciation of Rs 305.82 crore and additional non-performing asset provisions of Rs 135 crore and reduction in profit on sale of investment of around Rs 31 crore.

  • Angel Q1FY14 Preview: Subdued revenues to weigh on earnings Jul 05, 2013 05:40 PM IST

    Angel Q1FY14 Preview: Subdued revenues to weigh on earnings

    Angel Broking expect the Sensex as well as their coverage companies to report a muted revenue performance. The research firm expects Sensex companies to report a 2.4% yoy growth in revenues. For their coverage universe, they expect growth in revenues to come in at 4.1% yoy.

  • Private banks to post 23% PAT growth in Q4FY13: Angel Apr 11, 2013 06:41 PM IST

    Private banks to post 23% PAT growth in Q4FY13: Angel

    Angel Broking has come with its March`13 quarterly earning estimates for banking sector. The research firm expects private banks to report healthy earnings growth of 23.0 percent yoy, however, the PSU banks with expected earnings decline of 13.1 percent yoy, would drag the overall earnings performance (de-growth of 3.2 percent yoy).

  • Corporation Bank aims to strengthen CASA ahead, says CMD Feb 01, 2013 04:40 PM IST

    Corporation Bank aims to strengthen CASA ahead, says CMD

    Ajai Kumar, CMD of Corporation Bank said that slippages in Q3 have not been more than 1.6 percent and it was mainly due to high levels of recovery and upgradation. According to him, the bank is on track to contain its non-performing assets or NPAs.

  • Expect to keep gross NPAs under control: Corporation Bank Jul 30, 2012 05:12 PM IST

    Expect to keep gross NPAs under control: Corporation Bank

    Ajai Kumar, chairman and managing director of Corporation Bank says, gross NPAs have increased a bit. "

  • Corporation Bank Q4 PAT seen up 10% at Rs 380cr May 03, 2012 06:43 PM IST

    Corporation Bank Q4 PAT seen up 10% at Rs 380cr

    Corporation Bank is to announce its fourth quarter results. According to CNBC-TV18‘s estimates, Q4FY12 its net interest income (NII) is seen up 17% at Rs 892.5 crore versus Rs 761.8 crore.

  • Aiming a NIM of 3% next quarter: Corp Bank Feb 02, 2012 03:13 PM IST

    Aiming a NIM of 3% next quarter: Corp Bank

    Ajai Kumar, chairman and managing director of Corporation Bank tells CNBC-TV18 that the bank is on projected growth track. NIM came in at 2.66% for the third quarter and the bank is maiming to make it to the 3% mark by the next quarter.

  • Corporation Bank PAT likely to rise 5% in Q3 Feb 02, 2012 09:51 AM IST

    Corporation Bank PAT likely to rise 5% in Q3

    State-owned Corporation Bank is likely to report a profit after tax of Rs 403 crore in the October-December quarter of FY12, a growth of 5% as compared to Rs 382.4 crore in the corresponding quarter of last fiscal.

  • Corporation Bank Q2 PAT seen down 5.5% to Rs 332 cr Oct 29, 2011 02:37 PM IST

    Corporation Bank Q2 PAT seen down 5.5% to Rs 332 cr

    Corporation Bank is likely to report a profit after tax of Rs 332 crore in the second quarter of FY12, a decline of 5.5% as compared to Rs 351.7 crore in the corresponding quarter of last fiscal, according to CNBC-TV18 estimates.

  • Corporation Bank aims to raise base rates by another 50bps Jul 28, 2011 03:18 PM IST

    Corporation Bank aims to raise base rates by another 50bps

    Ramnath Pradip, CMD of the bank, in an interview with CNBC-TV18, said the recent key policy rate hike by the Reserve Bank of India (RBI) has left us with no option but to pass on the costs to consumers. "We are looking to raise rates by approximately another 50 basis points (bps)."

  • Corporation Bank Q1 PAT seen down 4% at Rs 319 cr Jul 27, 2011 07:24 PM IST

    Corporation Bank Q1 PAT seen down 4% at Rs 319 cr

    Corporation Bank is to announce its first quarter results. According to CNBC-TV18's estimates, Q1FY12 net interest income (NII) is seen up 8% at Rs 755 crore versus Rs 697 crore.

  • Banks Q1 seen mixed; private sector to outperform Jul 16, 2011 03:44 PM IST

    Banks Q1 seen mixed; private sector to outperform

    Top lender State Bank of India will likely be alone among major Indian banks to post a fall in profit for the June quarter, on slower credit growth and higher provisions, but margins for most banks may shrink on higher deposit rates.

  • Corporation Bank Q4 PAT seen up 23% at Rs 383 cr Apr 29, 2011 11:07 AM IST

    Corporation Bank Q4 PAT seen up 23% at Rs 383 cr

    State-run Corporation Bank is set to report 23% growth in fourth quarter FY11 profit after tax of Rs 383.4 crore as against Rs 312 crore in fourth quarter FY10.

  • Corporation Bank Mar qtr PAT seen up at Rs 428.9 cr: Emkay Apr 12, 2011 12:59 PM IST

    Corporation Bank Mar qtr PAT seen up at Rs 428.9 cr: Emkay

    Emkay Global Financial Services has come out with its earning estimates on banking sector for the quarter ended March 2011. According to the research firm, Corporation Bank March quarter net interest income (NII) are expected to go up by 25.9% at Rs 805.4 crore, year-on-year, (YoY) basis.

  • Corporation Bank Mar qtr PAT seen up at Rs 410cr: Sharekhan Apr 11, 2011 06:44 PM IST

    Corporation Bank Mar qtr PAT seen up at Rs 410cr: Sharekhan

    Sharekhan has come out with its earning estimates on banking sector for the quarter ended March 2011. According to the research firm, Corporation Bank March quarter net interest income (NII) are expected to go up by 37.1% at Rs 877 crore, year-on-year, (YoY) basis.

  • Corporation Bank Mar qtr PAT seen up at Rs 395.1 cr: UNICON Apr 07, 2011 02:43 PM IST

    Corporation Bank Mar qtr PAT seen up at Rs 395.1 cr: UNICON

    Unicon Investment has come out with its earning estimates on banking sector for the quarter ended March 2011. According to the research firm, Corporation Bank March quarter net interest income (NII) are expected to go up by 43.3% at Rs 917.1 crore, year-on-year, (YoY) basis.

  • Mid-cap Indian banks' Q3 firm; margin pressure ahead Jan 22, 2011 10:43 AM IST

    Mid-cap Indian banks' Q3 firm; margin pressure ahead

    Mid-cap Indian banks reported strong profits for October-December on Friday, riding on robust loan growth and increased corporate activity, but rising interest rates could weigh on margins going forward.

  • See 25% growth in advances ahead, says Corporation Bank Jan 21, 2011 03:27 PM IST

    See 25% growth in advances ahead, says Corporation Bank

    In an interview with CNBC-TV18’s Latha Venkatesh, Ramnath Pradip, CMD, Corporation Bank, spoke about the results and his outlook for the bank.

  • Corporation Bank Q3 net profit seen up 16.7% at Rs 356 cr Jan 21, 2011 10:27 AM IST

    Corporation Bank Q3 net profit seen up 16.7% at Rs 356 cr

    Corporation Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected go up by 16.7% to Rs 356 crore from Rs 305 crore on year-on-year basis.

  • Corporation Bank Dec qtr PAT seen up at Rs 324cr: Angel Jan 12, 2011 03:34 PM IST

    Corporation Bank Dec qtr PAT seen up at Rs 324cr: Angel

    Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, Corporation Bank December quarter operating income are expected to go up by 13% to Rs 962 crore, Year-on-Year, (Y-o-Y) basis.

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