Central Bank Of India

Wednesday, Apr 24, 2024 | Last Update : 06:10 PM IST

A host of public sector banks that declared their second-quarter results on Friday reported higher profits on improved asset quality and operational metrics as fresh slippages were lower in the absence of lumpy corporate non-performing assets.

Mid sized banks report higher Q2 net profit as asset quality improves

Fresh slippages were lower in the absence of lumpy corporate non-performing assets

07 Nov 2020 10:54 AM

After defaulters flee India, SBI complains to CBI. (PTI Photo)

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to CBI

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank

10 May 2020 8:44 AM

Banks including Bank of India, Oriental Bank of Commerce and Bank of Maharashtra, have reduced lending rates by up to 25 basis points. (Representational image)

6 public sector banks cut lending rates by up to 0.25 per cent

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.

10 Oct 2019 7:03 PM

MNS backs bank officers on getting city postings

The MNS has decided to support local Marathi candidates and asked the bank to cancel postings outside of Mumbai.

04 Aug 2019 4:59 AM

The capital will be utilised for the general business purposes, the bank said.

Central Bank of India plans to raise Rs 5,000 cr this fiscal to meet Basel III norms

As per the Basel III regulations, Central Bank said, it will be required to maintain minimum common equity tier I ratio of 5.50 per cent.

09 Jun 2019 1:53 PM

State-owned Central Bank of India, one of the key shareholders of debt-ridden IL&FS Ltd, is unlikely to participate in the proposed Rs 4,500 crore rights issue of the company, according to sources.

Central Bank of India may not participate in rights issue of IL&FS

Central Bank of India had 7.67 per cent stake in IL&FS at the end of March 2018.

03 Oct 2018 7:53 PM

Fire breaks out in basement of Ashoka Hotel in Delhi

Seven fire tenders were rushed to the spot and the blaze is now under control.

13 Aug 2018 4:26 PM

The finance ministry is likely to infuse about Rs 10,000 crore within a few days in some state-owned lenders including PNB, Corporation Bank and Central Bank of India, to help them meet regulatory capital requirement, sources said.

Finance ministry likely to infuse about Rs 10,000 cr in PSU banks

The sources said that capital infusion may take place this week itself or latest by next week.

17 Jul 2018 3:16 PM

Later, the manager sent a peon to the woman's home, asking her to comply. (Representational Image)

Bank manager seeks sexual favours to pass farm loan; booked

The branch manager had sought the woman's contact details for processing loan after which he called her and allegedly made obscene demands.

23 Jun 2018 8:42 AM

Central bank to auction DSK builder’s Pune bunglow

The bungalow was also used for the promotional video of a housing project of DSK.

22 Feb 2018 7:18 AM

Central Bank of India on Saturday reported a net loss of Rs 576.76 crore for the quarter ended June 30, 2017.

Central Bank of India posts net loss of Rs 576.76 crore in Q1

Total income stood at Rs 6,870.78 crore for the quarter under review.

29 Jul 2017 6:17 PM

Stock of the bank closed 0.16 per cent up at Rs 91.65 on BSE.

Moody's rating downgrade 'unsolicited': Central Bank of India

Stock exchanges had sought clarity from the bank and few of its peers yesterday on the said news item.

27 Jul 2017 9:55 AM

Global rating agency Moody's on Monday affirmed ratings of nine banks.

Moody's rates 9 banks; downgrades IOB, CBI

Moody's also downgraded IOB's Hong Kong branch's senior unsecured debt rating to Ba3 from Ba1.

24 Jul 2017 7:52 PM

For the fiscal ended March 2017, the bank reported a net loss of Rs 2,439 crore, against a loss of Rs 1,418 crore in 2015-16.

Central Bank shares down 4 pc after RBI move

Net non-performing assets also jumped to 10.20 per cent of net advances for the fiscal from 7.36 per cent year ago.

15 Jun 2017 1:04 PM

Bank customer wins Rs 1 cr lottery on digital payment

There were six winners of Narendra Modi's Lucky Grahak Yojana and Digi Dhan Vyapar Yojana.

10 Apr 2017 10:53 AM

CBI books two diamond firms for fraud

A part of M/s Winsome Diamonds Group, they didn’t repay loans worth Rs 1.5K cr to 3 banks

06 Apr 2017 2:51 AM

Central Bank (Photo: Representational Image)

Central Bank raise money by issuing bonds

Central Bank of India raised Rs 500 crore by allotting tier-II bonds to eligible investors.

08 Mar 2017 11:07 AM

The incident raises safety concerns as the dilapidated electrical work carried out at the ATM kiosk may result in a major tragedy.

Live wire in ATM kiosk injures 26-year-old

A medico-legal case has been registered against Central Bank of India in this connection.

05 Jan 2017 4:03 AM

BoB to strengthen position in home loans

Bank looks to buy major stake in the housing finance subsidiary of Central Bank of India.

11 Dec 2016 12:58 PM

People wait outside a bank to withdraw money in New Delhi on Friday. (Photo: AP)

Delhi: Payday chaos returns to haunt people

Banks close within three hours as cash chest runs dry, minor scuffle in South Delhi.

03 Dec 2016 3:38 AM

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Sanjeev Ahluwalia

Central Bank of India