Corporation Bank

Government departments await sanction to prosecute 79 corrupt officers

Government departments await sanction to prosecute 79 corrupt officers

New Delhi: The Central Vigilance Commission (CVC) is awaiting sanction to prosecute 79 corrupt central government employees, including an...Read More

Shares of three Banks jump post RBI PCA easing

Shares of three Banks jump post RBI PCA easing

New Delhi: Shares of Corporation Bank, Allahabad Bank and Dhanlaxmi Bank rose sharply by up to 10.10 per cent on Wednesday after the RBI ...Read More

RBI PCA: Operational curbs on these state-run banks may be lifted soon

RBI PCA: Operational curbs on these state-run banks may be lifted soon

Mumbai: State-run Corporation Bank, which is still under the Reserve Bank’s prompt corrective action (PCA) framework, on Wednesday said t...Read More

Government to infuse Rs 42,000 crore in PSU banks this fiscal

Government to infuse Rs 42,000 crore in PSU banks this fiscal

New Delhi: The government will infuse Rs 42,000 crore in the state-owned banks by March-end and the next tranche would be released as ear...Read More

Public sector banks may get Rs 50,000-crore government fund by year-end

Public sector banks may get Rs 50,000-crore government fund by year-end

NEW DELHI: The government is planning to infuse Rs 45,000-50,000 crore as capital in public sector banks by the end of December, a senior...Read More

Most lenders see bad loan burden easing

Most lenders see bad loan burden easing

Mumbai: The Reserve Bank of India’s (RBI) clean-up drive has started to show some results with 13 banks reporting lower NPAs in the last ...Read More

Vinay Mittal, wanted in 7 bank frauds of worth Rs 40 crore, extradited from Indonesia

Vinay Mittal, wanted in 7 bank frauds of worth Rs 40 crore, extradited from Indonesia

New Delhi: Absconding industrialist Vinay Mittal, wanted in seven bank fraud cases worth Rs 40 crore, has been extradited to India from I...Read More

Delhi: Bank cashier shot dead, Rs 2 lakh looted by unidentified men

Delhi: Bank cashier shot dead, Rs 2 lakh looted by unidentified men

New Delhi: A cashier was shot dead and three persons were injured after some unidentified people entered a bank in southwest Delhi’s Dwar...Read More

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NPA-hit PSBs aim to get out of RBI watchlist by ’20

New Delhi : Eleven public sector banks that are under the RBI’s watchlist for mounting bad loans on Tuesday expressed confidence before a...Read More

Karnataka: CBI raids premises of election cell officials in demonetisation case

Karnataka: CBI raids premises of election cell officials in demonetisation case

Bengaluru: The Central Bureau of Investigation (CBI) is conducting searches at five places in Karnataka in relation to a demonetisation c...Read More

Vijay Mallya loses UK case, Banks can now recover Rs 10,000 crore

Vijay Mallya loses UK case, Banks can now recover Rs 10,000 crore

London: Absconding tycoon Vijay Mallya has lost a major lawsuit in UK. It was filed by Indian banks which are seeking to collect more tha...Read More

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Rupay credit cards already operational

Bengaluru : Rupay credit cards are already in operation since June 15, National Payments Corporation of India (NPCI) MD and CEO A P Hota ...Read More

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Bankers are meeting today to decide on large defaulters

The banks are meeting to discuss six of the 12 accounts named by the RBI before referring accounts to the National Company Law Tribunal b...Read More

ATMs continue to play truant, leaving people frustrated, angry

ATMs continue to play truant, leaving people frustrated, angry

BHOPAL: To ease the cash crunch, the Reserve Bank of India (RBI) announced raising of the daily withdrawal limit from ATMs from Rs 2,500 ...Read More

India Conquered: British Raj and the chaos of empire: Review

India Conquered: British Raj and the chaos of empire: Review

Title: India Conquered: British Raj and the chaos of empire

Sebi to help in banks’ recapitalisation plans

Sebi to help in banks’ recapitalisation plans

New Delhi : To help push government’s recapitalisation drive for PSUs, regulator Sebi may grant a waiver to state-run entities in case pu...Read More

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Man loses gold chain, ring to conmen

BHOPAL : A 57-year-old man was duped of his gold chain and ring worth around Rs 40,000 by two conmen in front of Corporation Bank in Sama...Read More

When banking came to Dharavi…

When banking came to Dharavi…

Often small changes can make differences, as the emergence of banking in Dharavi shows. Till a few years ago, residents found it impossib...Read More

‘There is a need to pause on rate hikes’: Ramnath Pradeep

‘There is a need to pause on rate hikes’: Ramnath Pradeep

Ramnath Pradeep does not mince words. The Chairman and Managing Director of Corporation Bank is as frank as he is clear on issues that ma...Read More

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