Moody's downgrade Central Bank, IOB on low govt funding
Rating agency Moody's Tuesday downgraded state-run lenders Central Bank of India and Indian Overseas Bank's local and foreign currency deposit ratings, anticipating low level of support from the government to these banks.
Mar 03, 2015, 17:51 PM IST
Central Bank Q3 Net jumps 2-fold to Rs 137.7 crore
Central Bank of India's net profit jumped more than two-fold to Rs 137.7 crore in the third quarter ended December 2014-15.
Feb 04, 2015, 20:44 PM IST
Central Bank of India opens first forex hub in Guj at Vadodara
The first forex hub of the Mumbai- headquartered Central Bank of India in Gujarat was opened at Urmi Char rasta here to provide prompt and efficient services to importers and exporters.
Jan 31, 2015, 14:52 PM IST
LIC raises stake in Central Bank to 15%
Country's largest insurer LIC has raised its holding in Central Bank of India to 15 percent by picking up another 5.51 percent stake for Rs 626.23 crore.
Jan 19, 2015, 23:00 PM IST
Central Bank to raise Rs 626.23 cr from pref issue to LIC
The capital raising committee of the board approved raising of additional equity capital by issuance of up to 8.28 crore shares at Rs 75.55 per equity, Central Bank of India said in a statement.
Dec 03, 2014, 18:31 PM IST
PSU banks wrote off Rs 34,000 cr loan in FY 2014: Sinha
Public sector banks, including SBI, PNB and Central Bank of India, have written off about Rs 34,000 crore, including one-time settlement, during 2013-14, which constitutes 34 percent of the total non-performing assets.
Dec 02, 2014, 18:37 PM IST
Central Bank picks ICICI Sec to exit home finance arm
Even as it is looking for a buyer for its stake in IL&FS, state-run lender Central Bank of India has initiated the process to sell its housing finance business and appointed ICICI Securities to find a potential buyer.
Nov 10, 2014, 22:36 PM IST
CBI starts new inquiry against JSPL for forest land diversion
CBI has started a fresh inquiry against unknown officials of Jindal Steel and Power Limited for alleged diversion of forest land in Jharkhand for mining purpose in collusion with Environment Ministry officials.
Oct 24, 2014, 21:57 PM IST
Central Bank net profit jumps over 8 fold to Rs 192 crore
State-run Central Bank of India on Saturday reported over eight-fold rise in net profit to Rs 192 crore for the quarter ended June 30 on low base in the year-ago period when it had reported Rs 22 crore net profit.
Jul 26, 2014, 21:34 PM IST
