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Central Bank of India News
Central Bank of India
PNB under pressure, but other banks stabilise after giant fraud shock
Thu, Feb 15, 2018
Indian bank shares broadly recovered on Thursday a day after being hit by news of the country’s biggest ever bank fraud, although Punjab National Bank - the lender at the centre of a $1.77 billion scam - has lost a fifth of its market value.
Shares of 6 banks up after govt decides capital infusion of Rs 7,577 crore
Thu, Jan 04, 2018
The government has pumped Rs 51,858 crore capital in the PSBs so far, since the Indradhanush road map was announced in 2015.
Central Bank of India Q1 net loss at Rs 578 crore
Sat, Jul 29, 2017
Total income stood at Rs 6,870.78 crore for the quarter under review, as against Rs 6,662.68 crore in the first quarter of the previous fiscal, Central Bank of India said in a BSE filing.
RBI puts Central Bank of India under Prompt Corrective Action
Wed, Jun 14, 2017
RBI puts another PSU bank under the PCA framework due its high net NPA and Return on Assets.
CBI files Rs 1,530 crore cheating case against jewellery firms
Wed, Apr 05, 2017
CBI alleged in its FIR that gold was imported and then re-exported to the 13 United Arab Emirates-based companies.
Central Bank of India reports net loss of Rs 606 crore in Q3
Sat, Feb 04, 2017
During the quarter, the bank has allotted 1,71,44,954 equity shares at a face value of Rs 10 each and also at a premium of Rs 81.45 per share on preferential basis to LIC Of India.
CBI arrests senior branch manager of Central Bank of India, 2 directors of pvt firms in Bengaluru
Wed, Dec 07, 2016
The Central Bureau of Investigation (CBI) has registered case against senior branch manager and other unknown officials of Central Bank of India and two directors of private firm in Bengaluru on Tuesday in an alleged notes violation norms of RBI.
16 of 22 public sector banks skip dividend in FY16 on mounting bad loans
Sun, Nov 20, 2016
The highest dividend was paid by SBI to government at Rs 1,214.6 crore during 2015-16, 22% lower than the previous fiscal.
ICICI Bank, Kotak Bank, others issue SMSes to customers to curb financial fraud
Thu, Oct 20, 2016
In a move to curb the ongoing financial data breach occurring via ATM, debit and credit cards, banks in India have started issuing SMS notifications to customers advising them to change passwords of their cards on an immediate basis.
PSU Banks' Recapitalisation: Govt sanctions Rs 23,000 crore
Tue, Jul 19, 2016
Finance Ministry has said that it will provide Rs 22, 915 crore to 13 public sector banks in an effort to meet their recapitalisation needs.