Corporation Bank [Merged] News and Updates

Keep track of all breaking news on Corporation Bank [Merged] from all sources in a single place.

12 Jul 2021

Business Line

Corpn Bank, LIC firm up ties; insurer's stake to touch 27%The Mangalore-based Corporation Bank Ltd has agreed to offer an additional 14.68 per cent eq

Corporation Bank [Merged]

19 Mar 2021

CBI files case against Indian Technometal Company for alleged fraud of Rs 555.65 cr

Economic Times

The action followed a complaint from Union Bank of India (erstwhile Corporation Bank) alleging that the private company through its directors in conspiracy with others has defrauded the consortium by misrepresentations, concealment of facts and submitting false documents and information to avail credit facilities.

Corporation Bank [Merged]

02 Dec 2020

Union Bank concludes integration of all branches of Corporation Bank with itself

Business Today

All customers of erstwhile Corporation Bank have been successfully migrated to core banking solution (CBS) of Union Bank of India in a record time, it said in a release

Corporation Bank [Merged]

07 Oct 2020

ED attaches properties of Chennai-based SLO Industries worth Rs 83 crore in bank fraud case

Business Today

The ED had taken action based on an FIR registered by the CBI and Anti Corruption Bureau (ACB), Chennai against SLO Industries and its promoters for allegedly defrauding Corporation Bank to the tune Rs 201.88 crore

Corporation Bank [Merged]

01 Apr 2020

Corporation Bank staff will be dedicated workers in merged entity, too: Officers' body

Business Line

The Corporation Bank Officers' Organisaton (CBOO) has said its members will show the same dedication in the amalgamated entity as they did in Corpo

Corporation Bank [Merged]

05 Mar 2020

Corp Bank board approves equity share exchange ratio for amalgamation

Business Line

The board of directors of Corporation Bank has approved the equity share exchange ratio for the amalgamation of Corporation Bank with Union Bank of In

Corporation Bank [Merged]

16 Feb 2020

Corporation Bank cuts MCLR by 5-15 bps

Business Line

Corporation Bank has cut its marginal cost of funds-based lending rate (MCLR) by 5-15 basis points (bps) across different tenors with effect from Feb

Corporation Bank [Merged]

07 Feb 2020

Corporation Bank Q3 net jumps to Rs 421cr on higher interest income, NPA still high

Moneycontrol

Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore, the lender said in a regulatory filing.

Corporation Bank posts Q3 profit rises to 420 cr

Business Line | 07 Feb 2020

Corporation Bank [Merged]

16 Jan 2020

Corp Bank cuts MCLR by 10 bps

Business Line

Corporation Bank has cut its marginal cost of funds-based lending rate by 10 basis points across tenors with effect from January 15. With this cut, th

Corporation Bank [Merged]

12 Dec 2019

Specialised monitoring agencies have opened up new avenues for CAs: Corp Bank MD

Business Line

The appointment of specialised monitoring agencies by banks for post-sanction credit monitoring has created vast opportunities for chartered accountan

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