Early warning system to rein in NPAs
An automated Early Warning System has been put in place for early identification of probable NPAs, along with reasons for…
05 SEP 2019
Corporation Bank
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RBI removes PSBs Allahabad Bank, Corporation Bank and Dhanlakshmi Bank from PCA framework
The Reserve Bank of India (RBI) has removed public sector lenders Allahabad Bank, Corporation Bank and Dhanlaxmi Bank out of…
27 FEB 2019
Corporation Bank appoints Birupaksha Mishra as Executive Director
Public lender Corporation Bank has appointed Birupaksha Mishra as its new Executive Director (ED). Mishra took over the charge as…
27 DEC 2018
Finance Ministry grants Rs 11,336 cr capital infusion in PSBs
The centre has given the final nod to the capital infusion of Rs 11,336 crore in five Public Sector lenders,…
18 JUL 2018
RBI restricts Corporation Bank from certain banking activities as its NPAs crosses 10%
The Reserve Bank of India (RBI) has restricted Corporation Bank from carrying out certain banking activities due to a sharp…
14 DEC 2017
PSU banks slack in acting against wilful defaulters
Cases of wilful defaults are on the rise, with the number of such defaults in public sector banks (PSBs) reaching…
14 DEC 2015
Corporation Bank launches MUDRA Card based on Rupay platform
The Government has launched the MUDRA Card, based on Rupay platform. Hasmukh Adhia, Secretary, Department of Financial Services, Ministry of…
06 JUL 2015
