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Tag "corporation bank"

Seven merged banks to see cheque book changes from April 1

Seven merged banks to see cheque book changes from April 1

🕔06:35, 15.Mar 2021

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,

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Undeterred by Covid-19, govt goes ahead with PSU banks merger

Undeterred by Covid-19, govt goes ahead with PSU banks merger

🕔11:21, 30.Mar 2020

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

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RBI removes Allahabad Bank, Corporation Bank, Dhanlaxmi Bank from PCA

RBI removes Allahabad Bank, Corporation Bank, Dhanlaxmi Bank from PCA

🕔06:31, 27.Feb 2019

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

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RBI penalises Allahabad Bank, Corporation Bank

RBI penalises Allahabad Bank, Corporation Bank

🕔09:30, 9.Feb 2019

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

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RBI initiates PCA against Corporation Bank

RBI initiates PCA against Corporation Bank

🕔10:30, 14.Dec 2017

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

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LIC proposes to pump in Rs.143 crore in Corporation Bank

LIC proposes to pump in Rs.143 crore in Corporation Bank

🕔09:43, 15.Sep 2015

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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