Sep 30, 2020 09:22 PM IST
A bank mentioned in the Second Schedule of the Reserve Bank of India Act is known as 'Scheduled Commercial Bank'. These six banks merged with other public sector banks (PSBs) with effect from April 1.
- Mar 12, 2020 08:30 PM IST
Finance Minister Nirmala Sitharaman on March 12 held meetings with chief executives of these banks, including Andhra Bank, Corporation Bank and Union Bank of India.
- Feb 07, 2020 05:05 PM IST
Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore, the lender said in a regulatory filing.
- Dec 13, 2019 03:28 PM IST
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.
- Nov 19, 2019 04:27 PM IST
Corporation Bank, along with Andhra Bank, will be merged with Union Bank, which is expected to take effect from April 1, 2020.
- Nov 07, 2019 09:00 PM IST
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.
- Nov 07, 2019 11:55 AM IST
- Nov 07, 2019 11:53 AM IST
- Sep 30, 2019 10:26 PM IST
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.
- Aug 19, 2019 05:30 PM IST
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.
- Aug 05, 2019 09:55 PM IST
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.
- Aug 05, 2019 11:59 AM IST
- Aug 02, 2019 06:52 PM IST
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.
- Jun 22, 2019 08:05 PM IST
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.
- Jun 16, 2019 12:06 PM IST
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.
- Jun 14, 2019 04:54 PM IST
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.
- May 18, 2019 07:23 PM IST
- May 17, 2019 07:09 PM IST
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.
- Mar 14, 2019 09:38 PM IST
The new rates are effective from March 15, Corporation Bank said in a regulatory filing.
- Mar 07, 2019 04:16 PM IST
RBI collects a lot of data and needs to figure ways to present it in a better manner
- Feb 27, 2019 05:20 PM IST
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
- Feb 20, 2019 10:56 AM IST
The rise in the pace of the write-off exercise indicates that write-offs may be sizeable in the current year too.
- Feb 11, 2019 06:15 PM IST
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.
- Feb 11, 2019 05:47 PM IST
- Dec 24, 2018 08:00 PM IST
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.