Thu, Oct 17, 2024
State-owned Central Bank of India on Thursday posted a 51 per cent jump in profit at Rs 913 crore in the second quarter ended September 2024.
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Thu, Oct 10, 2024
SBI 444-day Special FD vs Central Bank of India 444-day Special FD Maturity Calculator: SBI's 444-day special FD is know as Amrit Vrishti, while Central Bank of India's 444-day special FD is known as Cent Super Callable Time Deposit.
Thu, Apr 25, 2024
The central bank has barred Kotak Mahindra Bank from taking new customers online and the RBI had imposed restrictions on Paytm Payments Bank
Tue, Apr 09, 2024
In times of financial instability and constantly shifting markets, FDs stand out as a sign of stability and provide a reliable means to grow part of your hard-earned money. Deposits made under the 'Central Bank Cent Garima Term Deposit Scheme' will earn 7.55 per cent interest while senior citizens will get 0.50 per cent extra interest.
Thu, Jan 04, 2024
The bank's deposits rose a tad lower at 9.52 per cent to Rs 3.77 lakh crore during the quarter from Rs 3.44 lakh crore in the year-ago period, it said. As a result, the total business of the bank increased 11.5 per cent to Rs 6.17 lakh crore at the end of December 31, 2023, it added.
Wed, Aug 30, 2023
Central Bank of India announced strategic tie ups with IKF Home Finance Limited and Samunnati Financial Intermediation & Services Private Limited. These tie-ups will help the bank to expand its MSME and home loan offerings.
Thu, Aug 17, 2023
UDGAM Portal: The launch of the web portal will aid users to identify their unclaimed deposits or accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.
Fri, May 26, 2023
RBI stated the penalty is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
Fri, May 12, 2023
Reserve Bank launches ‘100 Days 100 Pays’ campaign to return account-holders' unclaimed deposits: The Reserve Bank of India has launched ‘100 Days 100 Pays’ campaign to return unclaimed deposits of bank account-holders in the country on Friday, May 12. On periodic intervals, Rese
Wed, Jan 18, 2023
Steel pipes and electrical products maker Surya Roshni Ltd on Wednesday reported an over two-fold increase in consolidated net profit at Rs 89.66 crore for the third quarter ended December 2022
On the asset quality front, the bank recorded an improvement with gross NPAs (Non-Performing Assets) almost halved to 8.85 per cent as compared to 15.16 per cent in the previous fiscal year.
Tue, Oct 04, 2022
RBI had imposed a penalty of Rs. 90 lakhs penalty last year on Vasai Vikas Sahakari Bank Ltd., Vasai
Wed, Sep 21, 2022
Shares of Central Bank of India jumped more than 15 per cent in early trade after the Reserve Bank of India (RBI) removed the bank from the Prompt Corrective Action Framework (PCAF) watchlist.
Tue, Sep 20, 2022
Of the three state-owned lenders under the RBI's PCA framework, Indian Overseas Bank and UCO Bank were removed from the watchlist in September 2021.
Mon, Aug 22, 2022
Shares of the Central Bank of India rose more than 6% in the early trade on the reports that the Reserve Bank of India may lift restrictions on the bank.
Shares of Central Bank of India rose more than six per cent in the early trade on the reports that Reserve Bank of India (RBI) may lift restrictions on the bank.
Sun, Aug 21, 2022
The bank under PCA faces RBI restrictions on dividend distribution, branch expansion, management compensation or requiring promoters to infuse capital.
Wed, Jun 22, 2022
Zee Business Exclusive: Privatisation of Public Sector process may get a fillip as the government may take up the Banking Law Amendment Bill during the upcoming Monsoon Session of the Parliament. Zee Business' Tarun Sharma reports
Fri, Jun 10, 2022
After the increase in the repo rate by the Reserve Bank of India, other banks have also started increasing their interest rate.
Mon, May 09, 2022
Q4 Results 2022: Many listed companies announced their March quarter results on Monday. Central Bank of India, UPL, PVR Limited, BLS International Services and Suven Pharmaceuticals were among the companies which declared their quarterly earnings. Here are key highlights!
Thu, May 05, 2022
Following the 40 bps hike in reporate, several lenders have increased their external benchmark lending rate. Private sector lender ICICI Bank on Thursday revised its lending rate to 8.10%. Meanwhile, state-owned Bank of Baroda has raised the rate to 6.90% with immediate effect
Wed, Dec 22, 2021
Under this partnership, the two entities aim to disburse up to Rs 1000 crore to U GRO Capital's varied MSME segments under its programmes like Pratham, Sanjeevani, Saathi, GRO MSME and Machinery financing, in the next 12 months.
Wed, Nov 24, 2021
Indian Overseas Bank (IOB) and Central Bank of India today issued clarifications over news reports suggesting that government may bring a privatisation bill for these two banks during the winter session of Parliament. The news led to a surge in the share price of these banks.
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