Corporation Bank

PSU Bank merger: You'll have to take stock of your cheque books, passbooks, IFCS, ECS mandates and other things once you start dealing with the new entity

The banks affected by these changes are Dena Bank, Vijaya Bank, Corporation Bank, Andhra Bank, Oriental Bank of Commerce, United Bank and Allahabad Bank.

The fund house has more branches, workforce, and num­ber of customers at its disposal thanks to the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) last year

The bank's capital buffers have weakened due to the its merger with Andhra Bank and Corporation Bank earlier this year

Union Bank of India's Rajkiran Rai G, in an interview with Abhijit Lele, talks about managing the integration of banks amid lockdown, raising capital

Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY

According to the banks, they have either put the sessions on hold or are opting for e-learning instead of classroom sessions.

Banks likely to set up common call centres and monitoring cells

Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore. On a standalone basis, the net profit increased to Rs 420.68 crore in 3rd quarter ended December 31, 2019 from Rs 60.53 crore a year ago.

The Supreme Court (SC) on Friday said the National Company Law Appellate Tribunal (NCLAT) should not interfere with the decisions of the committee of creditors (CoC) in the Essar Steel insolvency case

While Corporation Bank gained the most, up 17 per cent in Friday's trade, State Bank of India (SBI), IDBI Bank, Punjab National Bank, and Canara Bank rose 2.5-5 per cent

Net NPAs or bad loans fell substantially to 5.59 per cent (Rs 6,751.20 crore), against 11.65 per cent (Rs 13,534.01 crore) a year ago.

Corporation Bank also announced launch of home loans linked with external benchmark

News of the mergers comes minutes before official data is expected to confirm a fifth-straight quarter of slowing economic growth

After today's mergers, the count of government-owned banks will come down to 12 from 27 in 2017

The 296-km Bundelkhand Expressway and the 91-km Gorakhpur Link Expressway are estimated to cost Rs 14,849 crore and Rs 5,876 crore

Yogi govt has firmed up bank and institutional loans worth Rs 8,800 cr for the Rs 23,000 cr project

The state-run bank has no plans to open new branches immediately

State-owned Corporation Bank has launched 'SMESuvidha' scheme to provide loans to the GST-registered MSMEs at affordable interest rates. The product is designed as a part of the lender's efforts to improve service and provide best products to MSME sector, the bank's MD P V Bharathi said in a statement Monday. 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. The bank is actively participating in the government's flagship programmes including 'MUDRA' and 'Stand-up India' to provide much-needed push to the MSME sector, the statement said. Corporation Bank has already launched an online loan facility for MSME borrowers and offers customised loan schemes through its dedicated 177 'Specialised MSME Branches' across the country. The bank provides concession in interest rate on loans offered to women ...

The bank came out of the Reserve Bank of India's Prompt Corrective Action regime in the fourth quarter ended March 2019