Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore, the lender said in a regulatory filing.
According to sources, Essar Steel and Ruchi Soya's resolution is likely to be completed on December 16 while Bhushan Power resolution is likely by the end of December.
Corporation Bank, along with Andhra Bank, will be merged with Union Bank, which is expected to take effect from April 1, 2020.
The bank is issuing Basel III compliant tier-2 bonds 2019-20 series of Rs 500 crore with green shoe option up to Rs 500 crore on private placement basis, it said in a regulatory filing.
Canara Bank in a regulatory filing said Repo Rate Linked Lending Rate (RLLR) of the bank for retail loans and Micro, Small and Medium Enterprises (MSME) is 8.30 per cent with effect from October 1.
The consultations were held over a period of two days from August 17-18 under the direction of Department of Financial Services, Ministry of Finance.
PNB and Oriental Bank of Commerce, in an exchange filing on August 3, said that the penalty was relating to the account of Kingfisher Airlines.
Bank of Baroda, Bank of India, Indian Overseas Bank and Union Bank of India were fined Rs 1.5 crore each, while Allahabad Bank and Bank of Maharashtra were penalised Rs 2 crore each. Oriental Bank of Commerce was penalised with Rs 1 crore, the RBI said.
The cheque was handed over by Corporation Bank MD P V Bharathi to state Chief Minister Naveen Patnaik on June 18, the bank said in a statement.
The bank said it will create such number of equity shares and/or debt instruments on a private placement/public issue for investors for an amount not exceeding Rs 5,000 crore in one or more tranches.
Corporation Bank's tenor based MCLR, for all new rupee loans and advances including renewals, is revised with effect from June 15 2019, a BSE filing said.
The total income of Corporation Bank during the fourth quarter of 2018-19 stood at Rs 4,187.65 crore down from Rs 4,642.45 crore in the same period of the previous fiscal, the lender said in a regulatory filing.
The new rates are effective from March 15, Corporation Bank said in a regulatory filing.
RBI collects a lot of data and needs to figure ways to present it in a better manner
Anupa Kujur is in conversation with Moneycontrol's Deputy Executive Editor, Ravi Krishnan to discuss RBI's move to lift restrictions on the banks under PCA framework
The rise in the pace of the write-off exercise indicates that write-offs may be sizeable in the current year too.
The bank said its provisioning for non-performing assets (NPAs) or bad loans was reduced to Rs 842.28 crore for the latest quarter as against Rs 2,494.71 crore in the same period a year ago.
In another order, the ministry said Birupaksha Mishra and Balakrishna Alse S have been appointed as executive director in the Corporation Bank and the Oriental Bank of Commerce, respectively.
The bank had posted a loss of Rs 1,035.20 crore during the corresponding quarter of the previous fiscal.