Page 2 - Corporation Bank

Corporation Bank plans to trim slippages by 50% to Rs 4000 crore in FY20

Says slippages will not be more than Rs 1,000 cr each quarter in FY20 against Rs 2,000 cr each quarter in FY19

Corporation Bank posts loss of Rs 6,581 crore for March quarter

The bank, however has reported reduction in non-performing assets (NPAs).

P V Bharathi appointed as MD, chief executive officer of Corporation Bank

P V Bharathi will take over the charge on or after February 1, 2019

Another loan default case: Corporation bank reports Rs 68 mn-fraud to CBI

This comes amid CBI's probe into recent complaints of massive frauds in Punjab National Bank, Bank of Baroda, Oriental Bank of Commerce

Corp Bank posts Rs 12.4-bn Q3 loss on higher NPAs; bad loan ratio at 15.92%

Sequentially, the net loss widened from Rs 10.35 billion in the second quarter (July-September) of 2017-18

Corporation Bank net profit up 9% at Rs 206 crore

Total income rose to Rs 5,750.61 crore during the second quarter of the current financial year

Concerns over Corp Bank's internal financial controls

Proxy advisory firm Institutional Investor Advisory Services (IiAS) has expressed concerns over the quality of internal financial controls at the bank

Corporation Bank reports Rs 511-cr loss

The bank's provision during the quarter doubled to Rs 1,960.20 cr, against Rs 926.49 cr a year ago