Corporation Bank Current Affairs, GK & News
The Reserve Bank of India (RBI) has removed three banks, Dhanlaxmi Bank, Allahabad Bank and Corporation Bank from the PCA framework by moving them out of its weak-bank watchlist. Basis for the decision of RBI The government has infused fresh capital into various banks including some of the banks currently under the PCA framework. As ..
Topics: Allahabad Bank • Capital to risk-weighted assets ratio • Central Bank of India • Corporation Bank • Dena Bank • Dhanlaxmi Bank • Indian Overseas Bank • Non Performing Assets (NPA) • RBI • Reserve Bank of India • return on assets • UCO Bank • United Bank of India
The government has approved the capital infusion of Rs. 48,239 Crore into 12 State-Run Banks. The capital inclusion has been undertaken to ensure the lenders are able to maintain regulatory capital requirement and step up lending and boost overall growth. With this latest capital infusion, the government has now the government has now provided Rs 1,00,958 crore ..
Topics: Allahabad Bank • BANK OF INDIA • Bank of Maharashtra • Capital Infusion • Central Bank of India • Corporation Bank • Dena Bank • IDBI Bank • Indian Overseas Bank • ORIENTAL BANK OF COMMERCE • Public Sector Banks • UCO Bank • United Bank of India
It is said that the finance ministry and the Reserve Bank of India are working on providing some relaxation on the prompt corrective action (PCA) framework for stressed banks. Prompt Corrective Action (PCA) Framework Prompt Corrective Action (PCA) framework has been issued by the RBI to maintain the sound financial health of banks. The RBI will initiate ..
Topics: Allahabad Bank • BANK OF INDIA • Bank of Maharashtra • Central Bank of India • Corporation Bank • Dena Bank • IDBI Bank • Indian Overseas Bank • ORIENTAL BANK OF COMMERCE • Parliamentary Committee on Finance • Prompt Corrective Action • RBI • relaxation of PCA framework • UCO Bank • United Bank of India
According to an order issued by the Personnel Ministry on 24th December 2018, P.V Bharathi has been appointed as managing director and chief executive officer of the Corporation Bank. P.V. Bharathi is currently working as the Executive Director in the Canara Bank. She will take charge on or after 1st February 2019, and remain in ..
‘SB Super’ and ‘SB Signature’ are the new variants of savings account launched by Corporation Bank. Facilities with these accounts: Both offer preferential loan processing by affixing ‘priority’ seal by the branch while forwarding loan applications. Bundled demat and trading account including a waiver of annual maintenance charges for the first year. Free NEFT, SMS ..