Corporation Bank

Friday, Apr 19, 2024 | Last Update : 09:20 PM IST

Union Finance Miniter Nirmala Sitharaman (PTI)

Govt to bring amendments to two Acts to enable privatisation of PSU banks

Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore

16 Feb 2021 10:42 PM

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

Union Bank expects Rs 2,500 cr benefits due to amalgamation: CEO

Amalgamation will create an employee base of 75,000, of which 37,000 are from Andhra Bank and Corporation Bank put together

29 Mar 2020 4:11 PM

The product is designed as a part of the lender's efforts to improve service and provide best products to MSME sector.

Corporation Bank launches loan scheme for MSME sector

The bank provides concession in interest rate on loans offered to women beneficiaries and rated MSME units.

27 May 2019 2:49 PM

The RBI further it has also been decided to take Dhanlaxmi Bank out of the PCA Framework, subject to certain conditions and continuous monitoring.

Corporation, Allahabad, Dhanlaxmi Bank jump up to 10 pc post RBI move

The RBI on Tuesday removed the three banks from its Prompt Corrective Action (PCA) framework.

27 Feb 2019 12:27 PM

The government in December had infused Rs 28,615 crore into seven public sector banks (PSBs) through recapitalisation bonds.

12 PSU banks receive Rs 48,239 crore from government

Rs 4,638 crore and Rs 205 crore will be provided to Bank of India and Bank of Maharashtra.

21 Feb 2019 1:47 AM

Total income of the lender came down to Rs 4,112.32 crore in the latest quarter as against Rs 4,841.37 crore in the same period of 2017-18. (Photo: Twitter)

Corporation Bank swings into the black with Rs 60.53 cr profit in Q3

Corporation bank had posted a net loss of Rs 1,240.49 crore in October-December 2017-18.

12 Feb 2019 11:35 AM

Bharathi has been a non-executive director of Can Fin Homes Limited since September 22, 2014. (photo: file)

P V Bharathi assumes charge as CEO of Corporation Bank

Bharathi is the first woman to serve the bank as CEO cum MD.

03 Feb 2019 4:31 PM

Absconding industrialist Vinay Mittal, who was wanted in bank frauds worth around Rs 40 crore, has been extradited to India from Indonesia's Bali on the request of the Central Bureau of Investigation (CBI).

Absconding industrialist Vinay Mittal extradited from Bali

A case was registered against Mittal in 2014 and 2016 on the request of Corporation Bank and the Punjab National Bank.

17 Oct 2018 1:14 PM

Police personnel stand out Corporation Bank in Dwarka’s Chhawla area on Friday. (Photo: PTI)

Cashier shot dead in daylight bank heist

The police was informed about the firing at the Corporation Bank branch in Khaira village at 3.45 pm on Friday.

13 Oct 2018 1:19 AM

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

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Mohan Guruswamy