Latest News on Corporation Bank
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Corporation Bank - Total results - 69
Mar 15, 2019
Jaypee Infratech lenders aks NBCC, Suraksha Group to sweeten bids for acquiring bankruptcy-bound realty firmNBCC, which has the backing of the government to takeover Jaypee Infratech, is unlikely to increase the offer of Rs 500 crore capital infusion
Feb 27, 2019
Corporation Bank, Allahabad Bank, Dhanlaxmi Bank shares jump up to 10% as RBI lifts lending curbsShares of Corporation Bank, Allahabad Bank and Dhanlaxmi Bank rose sharply by up to 10.10 percent Wednesday after the RBI lifted lending curbs on these lenders by removing them from its weak-bank watchlist
Feb 26, 2019
Allahabad, Corporation, Dhanlaxmi Bank out of RBI's prompt corrective action frameworkThe RBI on Tuesday lifted lending curbs on two more public sector banks (PSBs), Allahabad Bank and Corporation Bank, by removing them from its weak-bank watch list
Feb 25, 2019
Finance ministry expects three to four more lenders to come out of Reserve Bank's PCA framework this yearThe recent capital infusion of Rs 48,239 crore in 12 PSBs will help Corporation Bank and Allahabad Bank to come out of the PCA framework in the next few weeks
Feb 21, 2019
Shares of state-run banks jump after government announces fund infusion as part of recapitalisation programmeShares of India’s state-run banks jumped on Thursday, a day after the government said it will inject 482.39 billion rupees ($6.79 billion) into some lenders
Feb 20, 2019
Govt announces Rs 48,239 cr recapitalisation plan for 12 public sector banksThe finance ministry on Wednesday announced to pump in Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans
Feb 14, 2019
RBI imposes Rs 5 cr penalty on four public sector lenders for violation of various banking normsThe RBI said the fines are based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers.
Feb 01, 2019
RBI lifts lending curbs on Bank of India, Bank of Maharashtra, Oriental Bank of Commerce; move to expand loan growthEight public sector banks—Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank, UCO Bank, Central Bank of India, Indian Overseas Bank and Dena Bank—still remain under PCA framework,
Jan 19, 2019
Besides PNB, Nirav Modi defrauded four other public sector banks, used fake invoices with inflated prices to swindle fundsRecent developments suggest that state-owned Punjab National Bank (PNB) may have taken the largest hit of the massive fraud by fugitive diamantaire Nirav Modi but other banks too were targeted by one of the biggest banking swindler in India.
Dec 28, 2018
RBI governor Shaktikanta Das meets private sector bankers; discusses liquidity issuesAt the past two meetings held between RBI and state- run banks, Das had deliberated on the prompt correction action framework.