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Corporation Bank (CRBK.NS)

CRBK.NS on National Stock Exchange of India

43.20INR
23 Nov 2017
Change (% chg)

Rs0.30 (+0.70%)
Prev Close
Rs42.90
Open
Rs43.00
Day's High
Rs43.40
Day's Low
Rs42.30
Volume
241,155
Avg. Vol
387,573
52-wk High
Rs64.75
52-wk Low
Rs37.70

Latest Key Developments (Source: Significant Developments)

India's Corporation Bank posts Sept-qtr loss
Tuesday, 14 Nov 2017 07:45am EST 

Nov 14 (Reuters) - Corporation Bank ::Sept quarter net loss 10.35 billion rupees versus profit of 2.06 billion rupees year ago.Sept quarter interest earned 46.26 billion rupees versus 49.56 billion rupees year ago.Sept quarter provisions 26.69 billion rupees versus 8.27 billion rupees year ago.Sept quarter provisions for NPAs 25.36 billion rupees versus 7.90 billion rupees year ago.Sept quarter gross NPA 15.28 percent versus 15.49 percent previous quarter.Sept quarter net NPA 10.24 percent versus 11.14 percent previous quarter.  Full Article

India's Corporation Bank June qtr profit up about 67 pct
Friday, 11 Aug 2017 07:03am EDT 

Aug 11 (Reuters) - Corporation Bank Ltd :June quarter net profit 601.5 million rupees versus profit of 359.2 million rupees year ago.June quarter interest earned 44.21 billion rupees versus 47.24 billion rupees year ago.June quarter provisions 11.56 billion rupees versus 8.95 billion rupees year ago.June quarter gross NPA 15.49 percent versus 11.70 percent previous quarter.June quarter net NPA 11.14 percent versus 8.33 percent previous quarter.  Full Article

Corporation Bank says some loan accounts of co's Delhi zone were classified as fraud in November 2014
Tuesday, 27 Jun 2017 06:14am EDT 

June 27 (Reuters) - Corporation Bank Ltd ::Corporation Bank clarifies on news item "CBI registers 16 cases to probe Rs 145-crore fraud against Corporation Bank.".Says some loan accounts of bank's Delhi zone were classified as fraud in Nov 2014."This may not affect operations / performance of the bank".Says criminal complaint has been filed and investigation by CBI is under progress.  Full Article

Corporation Bank Sept-qtr profit up about 9 pct
Monday, 14 Nov 2016 06:10am EST 

Corporation Bank Ltd : Sept quarter net profit 2.06 billion rupees versus net profit of 1.89 billion rupees year ago . Sept quarter interest earned 49.56 billion rupees versus 50.03 billion rupees year ago . Sept quarter provisions 8.27 billion rupees versus 5.64 billion rupees year ago . Sept quarter gross NPA 10.81 percent versus 11.01 percent previous quarter .Sept quarter net NPA 6.91 percent versus 7.22 percent previous quarter.  Full Article

Corporation Bank says Indian govt stake rises to 70.76 pct
Wednesday, 28 Sep 2016 07:10am EDT 

Corporation Bank : Allotted 12,45,70,868 equity shares to Government of India . Allotment at issue price of INR 40.78 per share .Government of India holding gets increased from 67.20 pct to 70.76 pct.  Full Article

Corporation Bank June-qtr profit down 82 pct
Wednesday, 10 Aug 2016 06:24am EDT 

Corporation Bank Ltd : Says June-quarter net profit 359.2 million rupees versus net profit of 2.04 billion rupees year ago . Says June-quarter interest earned 47.24 billion rupees versus 49.33 billion rupees year ago . Says June-quarter provisions 8.95 billion rupees versus 6.21 billion rupees year ago . Says June-quarter gross NPA 11.01 percent versus 9.98 percent previous quarter . Says June-quarter net NPA 7.22 percent versus 6.53 percent previous quarter .  Full Article

Corporation Bank approves fund raising of up to 6.77 bln rupees via share allotment to India govt
Tuesday, 26 Jul 2016 09:23am EDT 

Corporation Bank Ltd : Approved raising capital to the extent of 6.77 billion rupees via allotment of equity shares in favour of India government .  Full Article

Corporation Bank appoints M. B. Ganesh as CFO
Wednesday, 29 Jun 2016 08:39am EDT 

Corporation Bank Ltd : M. B. Ganesh is appointed as the chief financial officer of the bank with effect from June 28, 2016 . .  Full Article

Corporation Bank appoints M.B. Ganesh as CFO
Tuesday, 28 Jun 2016 11:01pm EDT 

Corporation Bank Ltd : M. B. Ganesh is appointed as the chief financial officer of the bank with effect from June 28, 2016 .  Full Article

Corporation Bank says R. Natarajan, CFO announces retirement
Monday, 6 Jun 2016 09:26am EDT 

Corporation Bank Ltd : R. natarajan, general manager and chief financial officer of the bank has completed his term of office in the bank .  Full Article

BRIEF-Corporation Bank sets one-year MCLR at 8.75 pct

* Sets one-year MCLR at 8.75 percent Source text: (http://bit.ly/2w0sGkx) Further company coverage: