New Delhi, March 15 From April 1, 2021, cheque-books and passbooks of over half a dozen banks which went through a merger will become invalid. The banks affected by these changes include Dena Bank, Vijaya Bank, Corporation Bank, Andhra Bank,
New Delhi, March 28 The government is going ahead with the plan to consolidate public sector banks, undeterred by the spread of Covid-19 that has disrupted business across the country, including banking operations. Accordingly, the amalgamation of the Oriental Bank
New Delhi, Feb 27 The Reserve Bank of India (RBI) has taken off Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the Prompt Corrective Action (PCA) framework allowing them to resume their normal lending activities. The Board for Financial Supervision
Mumbai, Feb 9 The Reserve Bank of India (RBI) has imposed separate monetary penalties on lenders Allahabad Bank and Corporation Bank over deficiencies in complying with various regulatory norms. In a regulatory filing to the BSE on Friday, the Allahabad
Mumbai, Dec 14 The Reserve Bank of India (RBI) has initiated “prompt corrective action” (PCA) against state-run lender Corporation Bank in the view of its high non-performing assets (NPAs). “The RBI vide their letter dated December 7, 2017 has placed
Kolkata, Sep 15 Following the government’s decision to infuse capital into Corporation Bank to the tune of Rs.857 crore, the state-owned bank on Monday said it has received a letter from LIC expressing interest to infuse Rs.143 crore into it
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