A senior RBI official has accused the State Bank of India’s (SBI) research team of copying portions of the central…
Gold prices eased after a record rally as traders await US CPI data and a possible Fed rate cut. Despite…
The government has appointed Asheesh Pandey as MD and CEO of Union Bank of India and Kalyan Kumar as MD…
Central Bank of India acquires 25.18% stake in Future Generali India Life Insurance. CEO Alok Rungta discusses FY25 growth, group…
Central Bank of India has acquired an equity stake of 24.91 per cent in Future Generali India Insurance Company Limited…
Following the earnings announcement, shares of Central Bank of India rose 5% intra-day on the BSE, before closing at Rs…
In terms of asset quality, the return on assets (RoA) improved to 0.85% for the quarter ended September, registering an…
“The proposed combination envisages acquisition by Central Bank of India of 24.91 per cent equity stake in Future Generali India…
The Bank’s Net Interest Income (NII) marginally declined by 4.04 per cent on YoY basis to Rs 3152 crore in…
“The participation by both the entities in this co-lending arrangement will result in greater expansion of portfolio by Central Bank…
The Central Bank of India earned a total interest of Rs 7,258.97 crore, up 30.7 per cent as against Rs…
The bank also recovered SMS alert charges from its customers on a flat basis rather than on an actual usage…
Net interest margin (NIM) improved 31 basis points (bps) to 4.07% as of December 31.
This is the first time the bank has posted earnings after coming out of the prompt corrective action (PCA) framework…
A bank may not deny withdrawal on the maturity of a deposit scheme saying the deposit certificate was issued by…
As per the revised guidelines, capital, asset quality and leverage are the key areas for monitoring in the revised framework.
The State-owned lender had posted a net profit of Rs 205.58 crore in the same quarter a year ago.
NITI Aayog has already recommended the privatisation of Indian Overseas Bank (IOB) and Central Bank of India (CBI), although the…