Govt appoints non-executive chairpersons at 3 PSBs
Public sector banks (PSBs) have been plagued by mounting bad loans and massive losses. Several scams, including the USD 2 billion fraud at PNB, too have been unearthed in banks.
May 24, 2018, 17:19 PM IST
ATM machine with Rs 5 lakhs stolen in Rajasthan – Caught on camera
Four men were captured in a CCTV decamping with an ATM machine of Central Bank of India in Rajasthan.
Nov 15, 2017, 18:20 PM IST
Banks' net profit declines by 18% in Q2: CARE Ratings
The review is in the backdrop of slowdown in deposit and credit growth, reduction in base rate, repo rate, marginal cost of fund based lending rate (MCLR) and term deposit rate.
Nov 07, 2017, 23:11 PM IST
Govt appoints executive directors in 9 public sector banks
Bajrang Singh Shekhawat has been appointed executive director of Central Bank of India.
Oct 10, 2017, 14:53 PM IST
12 PSU banks firming plans to raise funds from markets
Board of PNB has given its approval for raising equity capital to the tune of Rs 3,000 crore through FPO, QIP or rights issue.
Aug 06, 2017, 16:53 PM IST
Nine out of 21 public sector banks reported losses in FY17
Nine of the 21 public sector banks, including IDBI Bank and Indian Overseas Bank, reported losses during 2016-17, the parliament was informed on Tuesday.
Jul 18, 2017, 15:28 PM IST
PSBs plan to mobilise Rs 58,000 crore from capital markets this fiscal
Public sector banks, including SBI, Bank of Baroda and IDBI Bank, plan to raise Rs 58,000 crore through equity dilution during the current fiscal to meet Basel-III norms and clean up their balance sheets.
Jun 04, 2017, 15:57 PM IST
RBI policy, macro data, monsoon to guide markets
RBI's monetary policy review, key macroeconomic data and progress of monsoon rains would influence market sentiment this week, say experts.
Jun 04, 2017, 12:10 PM IST
Lucky Grahak draw: Central Bank of India customer wins Rs 1 crore
President Pranab Mukherjee picked up the lucky winners from the 100th draw of lots under digital payments promotion schemes at Rashtrapati Bhavan.
Apr 09, 2017, 19:15 PM IST
Central Bank narrows Q3 net loss at Rs 605.70 crore
Public sector Central Bank of India on Saturday reported a net loss of Rs 605.70 crore for the third quarter ended December 31, 2016, on persisting bad loans.
Feb 04, 2017, 18:38 PM IST
CBI registers case against ex-CMD of Canara Bank
CBI has registered a case against former Chairman-cum-Managing Director of Canara Bank R K Dubey for allegedly allowing deviations in sanctioning credit limits to a company during his tenure as Executive Director at Central Bank of India.
Sep 30, 2016, 19:48 PM IST
IOB, Central Bank to benefit from capital infusion: Moody's
Indian Overseas Bank and Central Bank of India will benefit from the government's recent capital infusion as they have got a higher share as a proportion of their share capital, Moody's said on Monday.
Jul 25, 2016, 13:13 PM IST
Shocking! Shiv Sena leader caught on camera slapping bank employee in Yavatmal
In a shocking incident, Shiv Sena leader Praveen Shinde was caught on camera slapping a bank employee in Yavatmal district of Maharashtra.
Jun 16, 2016, 17:12 PM IST
3 PSU banks to get Rs 2,375-crore capital infusion from govt
As many as three public sector lenders including Bank of India and Central Bank of India on Tuesday received the approval from government for capital infusion of up to Rs 2,375 crore.
Mar 29, 2016, 20:23 PM IST
7,035 wilful defaulters owe Rs 59,000 cr to PSU banks
As many as 7,035 wilful defaulters owe about Rs 59,000 crore to state-owned banks and SBI and Central Bank of India account for bulk of such borrowers.
Oct 18, 2015, 19:10 PM IST
Central Bank to raise Rs 3000 crore capital this fiscal
State-run Central Bank of India requires Rs 3,000 crore capital this year and plans to raise the same from the government and through the qualified institutional placement route.
Aug 09, 2015, 13:01 PM IST
Central Bank of India Q1 net profit rises 6% to Rs 204 crore
The bank had earned a net profit of Rs 191.6 crore in the April-June quarter of last fiscal, Central Bank of India said in a BSE filing.
Aug 08, 2015, 18:03 PM IST
More PSU banks cut lending, deposit rates
Two PSU banks, Central Bank of India and Syndicate Bank, Friday announced a cut in their lending rates while two others reduced deposit rates after RBI lowered the policy rate by 0.25 percent this week.
Jun 05, 2015, 19:33 PM IST
Finance minister favours cut in interest rates
The RBI will review its monetary policy on June 2 and is widely expected by economists to lower its key policy rate by 25 basis points on the back of the sharp fall in both retail and wholesale prices.
May 22, 2015, 13:53 PM IST
Central Bank of India Q4 net rises 7% to Rs 174 crore
The bank had posted a net profit of Rs 162.44 crore in the corresponding period last year.
May 12, 2015, 15:51 PM IST
