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Corporation Bank News
Union Bank of India reduces MCLR! Check full details of new interest rates
Mon, Aug 10, 2020
Revised MCLR will be effective from 11th Aug 2020.
Andhra Bank, Corporation Bank, Union Bank account holders? Your banks set to merge!
Tue, Mar 31, 2020
Bank merger: Reserve Bank of India has approved amalgamation of Andhra Bank and Corporation Bank with Union Bank of India; amalgamation become effective from 1 April 2020
Corporation Bank's credit levels will increase by 10% in FY20: PV Bharathi, MD & CEO
Thu, Dec 05, 2019
Liquidity is available with us and the banks are ready to lend. We have got funds as far as our liquidity position is concerned, we are comfortable with it and are ready to lend. Demand for the loan has increased in small pools like the retail loan, housing loan, vehicle loan, MSME loan and agriculture loan, as the sowing season has started.
Sensex, Nifty rise; Bank Nifty sustains above 31K; Vodafone Idea, Corporation Bank, SpiceJet stocks gain
Tue, Nov 19, 2019
Stock Market News: On account of neutral DIIs, FIIs and F&O, the Indian stock market opened on the higher side in the Opening Bell. The BSE Sensex soared 100 points to 40,384 levels while the 50-stock Nifty added 20 points and scaled 11,904 levels.
Essar Steel Insolvency: SC quashes NCLAT ruling, clears ArcelorMittal takeover bid; SBI to PNB, bank stocks skyrocket
Fri, Nov 15, 2019
Essar Steel Insolvency: The Supreme Court has set aside the National Company Law Appellate Tribunal (NCLAT) judgement on Essar Steel case on November 15th.
Modi government announces mega merger of public sector banks
Fri, Aug 30, 2019
Finance Minister Nirmala Sitharaman announced a mega-merger plan for public sector banks, with Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity.
Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pct
Fri, Jun 14, 2019
Corporation Bank's tenor based MCLR, for all new rupee loans and advances including renewals, is revised with effect from June 15 2019.
Corporation Bank launches loan scheme for MSME sector
Mon, May 27, 2019
This is a unique product for GST-registered Micro, Small and Medium Enterprises (MSMEs). It provides a competitive interest rate structure in the industry and also has various concessions suiting the developing entrepreneur, she said.
Corporation Bank posts loss of Rs 6,581 cr in Q4 as provisioning doubles
Fri, May 17, 2019
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.
RBI gift! These 3 banks have made investors rich; shares jump 8% to 10%
Wed, Feb 27, 2019
RBI has released these three banks, Corporation Bank, DhanLaxmi Bank and Allahabad Bank, from PCA framework. Their share prices instantly rocketted!
Corporation Bank, Allahabad Bank, Dhanlaxmi Bank jump up to 10 pc post RBI move
Wed, Feb 27, 2019
The RBI further it has also been decided to take Dhanlaxmi Bank out of the PCA Framework, subject to certain conditions and continuous monitoring, as the bank is found to be not breaching any of the Risk Thresholds of the PCA Framework.
Fast Money: These 20 shares will help you earn more today, 27th February 2019
Wed, Feb 27, 2019
In this segment of Zee Business know which shares will help you earn more today, 27th February 2019. Watch full video for more info.
Stock Alert! 12 PSBs make investors richer by 5% to 19%; know why
Thu, Feb 21, 2019
PSBs like PNB, Syndicate Bank, Bank of India, Bank of Maharashtra, Union Bank of India, Central Bank of India, Andhra Bank, Allahabad Bank, UCO Bank, Indian Overseas Bank, United Bank of India and Corporation Bank rose in the range of over 5% to nearly 19% on Dalal Street, making many investors rich.
Corporation Bank, Allahabad Bank next in line for PCA exit
Thu, Feb 21, 2019
Finance Ministry will infuse Rs 9,086 crore in Corporation Bank and Rs 6,896 crore in Allahabad Bank -- the two "better-performing" banks currently under the PCA framework of the Reserve Bank of India.
RBI slaps Rs 3.5-cr fine on Corp Bank, Allahabad Bank for flouting norms
Sat, Feb 09, 2019
Allahabad Bank said the RBI has imposed a penalty of Rs 1.5 crore for not monitoring end use of funds, among other violations.
NPCI expects all public sector banks to join BHIM platform by end of February
Tue, Feb 07, 2017
NPCI expects all public sector banks to join its recently launched BHIM platform by the end of February this year.
Fino Paytech raises Rs 149 crore from ICICI Bank's insurance arms
Wed, Jan 11, 2017
Payments bank licensee Fino Paytech on Wednesday said it has raised Rs 149 crore from ICICI Lombard and ICICI Prudential, clearing the decks for it to seek Reserve Bank of India's (RBI) final nod as it becomes a majority domestic investors-owned entity.
Corporation Bank's net profit rises by 9%; provisions stood at Rs 790 crore
Mon, Nov 14, 2016
Further, overall deposits of the bank stood at Rs 2,16,115.20 crore this quarter, rising by 5.33% yoy and 5.82% qoq.