Corporation Bank (Delisted) share news and announcements

BSE: 532179

Last traded ₹9.80 on 19 Mar 2020

Delisted on 27 May 2020.

Corporation Bank share news and announcements

1,480 announcements, routine notices left out, newest first. Page 30 of 30.

  1. Dec 2007

    • 20 Dec · Memorandum of Understanding

      The Bank has entered into a Memorandum of Understanding with the following Rating Agencies of which the details are furnished herewith: (1) Name of the Rating Agency : D&B, Date of signing the MOU: December 19, 2007, MOU signed for : SSI Rating. (2) Name of the Rating Agency :ICRA LTD, Date of signing the MOU: December 20, 2007, MOU signed for : Loan Rating. (3) Name of the Rating Agency : FITCH, Date of signing the MOU : December 20, 2007, MOU signed for: SME/Loan Rating

    • 10 Dec · Miscellaneous

      In exercise of powers conferred by sub-section 3(h) and (3-A) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3 of the Nationalised Bank (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government has nominated Shri Satish Goel as part-time non-official director on the Board of Directors of the Bank for a period of three years with effect from 7th December 2007 or until further orders, whichever is earlier.

  2. Nov 2007

    • 12 Nov · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the six months ended September 30, 2007 and found the same to be in order subject to certain observations. The auditor's observations are: "The following may have an impact on the financial results, the effect of which have not been ascertained: a) Certain items arising out of reconciliation of inter branch transactions and transactions with other banks/institutions. b) Old entries of other assets and other liabilities for which adjustments are in progress; c) Accounting for employee benefits on an estimated basis instead of actuarial valuation as stipulated in Accounting Standard 15 (Revised) issued by ICAI."

  3. Oct 2007

    • 27 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2007 as follows: Interest earned of Rs. 216417 lacs for the half year ending on 30-SEP-2007 against Rs. 156257 lacs for the half year ending on 30-SEP-2006. Interest expended of Rs. 145712 lacs for the half year ending on 30-SEP-2007 against Rs. 92110 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 33849 lacs for the half year ending on 30-SEP-2007 against Rs. 27125 lacs for the half year ending on 30-SEP-2006.

    • 15 Oct · Board meeting

      To consider, amongst others, the Un-Audited Financial Results (subject to "Limited Review") of the Bank for the second Quarter / Half Year ended September 30, 2007.

    • 3 Oct · Memorandum of Understanding

      Our Bank has entered into Memorandum of Understanding (MOU) with CRISIL Ltd. for Rating of Small & Medium Enterprises (SMEs), Small Scale Industries (SSIs) and Facility Rating of corporates as required under BASEL II. The said MOU was signed on 27.09.2007 at Mumbai

  4. Sep 2007

    • 7 Sep · Sale of shares

      Vide its letter dated September 07, 2007 that "Pursuant to the approval received from the concerned authorities the Bank has sold 47,000 equity shares to Fidelity Trustee Co. Pvt Ltd A/c Fidelity Equity Fund and 73,750 equity shares to HDFC Ltd (total 1,20,750 equity shares) constituting 0.27% of the issued and paid up capital of National Stock Exchange of India Ltd (NSEIL) for an aggregate sum of Rs.35,01,75,000.00 (Rupees Thirty five crore one lakh and seventy five thousand only) today".

    • 7 Sep · Strike

      United Forum of Bank Unions (UFBU) has given a call for strike on Wednesday the 12th September 2007 throughout the country in support of some of their demands. A section of our employees may take part in the proposed strike on the said day, if the strike materialises. In view of this, it is likely that the normal functioning of our Branches may get affected

    • 6 Sep · Memorandum of Understanding

      Vide its letter dated September 06, 2007 that "Corporation Bank has joined GE Money India, LIC Housing Finance Limited and LIC Mutual Fund to sign a Memorandum of Understanding with Life Insurance Corporation of India today to create a new Credit card Company that would leverage the strengths of each Company. The parties aim to finalise the definitive agreements by end of October 2007".

  5. Aug 2007

    • 20 Aug · Miscellaneous

      Corporation Bank had informed the Exchange that the Board of Directors has approved to issue Tier - II Capital Bonds up to Rs.500 crore in one or more tranches. Accordingly the Bank had issued and raised Tier - II Capital Bonds for Rs.300 crore on March 24, 2006. The Bank has now informed the Exchange that: "The Bank proposes to issue the second tranche of the Tier-II Bonds for Rs.200 crore at an appropriate time".

  6. Jul 2007

    • 14 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2007 as follows: Interest earned of Rs. 112013 lacs for the quarter ending on 30-JUN-2007 against Rs. 73008 lacs for the quarter ending on 30-JUN-2006. Interest expended of Rs. 74792 lacs for the quarter ending on 30-JUN-2007 against Rs. 40529 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 17711 lacs for the quarter ending on 30-JUN-2007 against Rs. 14424 lacs for the quarter ending on 30-JUN-2006.

    • 6 Jul · Board meeting

      Meeting on 14 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”

    • 2 Jul · Sale of shares

      Pursuant to the approval received from the concerned authorities the Bank has sold 1,19,250 equity shares constituting 0.26% of the issued and paid up capital of National Stock Exchange of India Ltd. (NSEIL) to Citigroup Strategic Holdings Mauritius Ltd. for an aggregate sum of USD 6,625,000 on June 28, 2007

  7. Jun 2007

    • 27 Jun · Meeting

      Annual General Meeting of the Shareholders of the Bank was held on June 27, 2007. In the said meeting the shareholders have approved the following: (1) Final dividend at the rate of 50% (i.e.Rs.5.00 per share) was declared.

    • 13 Jun · Meeting

      Notice of Annual General Meeting of the Company scheduled to be held on June 27, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  8. Apr 2007

    • 30 Apr · Meeting

      (1) The Board has fixed 19.06.2007 to 27.06.2007 (both days inclusive) as Book Closure Date for Annual General Meeting and for entitlement of the shareholders to receive the final dividend. ECS credits of the dividend and the despatch of the physical dividend warrants will be done on 07.07.2007 onwards. (2) The Annual General Meeting of the shareholders of the Bank will be held on Wednesday the 27th June 2007 at Head Office, Mangalore

    • 28 Apr · Dividend

      Board of Directors at its meeting held on April 28, 2007 have recommended a final dividend of 50% for the year 2006-07 subject to approval of the shareholders in the Annual General Meeting. With this, the total dividend payout by the Bank for the year 2006-07, including the interim dividend @ 40% already paid will be 90%.

    • 18 Apr · Board meeting

      To consider amongst other, the audited financial results of the Bank for the fourth quarter and year ended March 31, 2007 and to recommend Final Dividend if any.

  9. Mar 2007

    • 26 Mar · Dividend

      1) At the meeting of the Board of Directors held on March 24, 2007, the Board declared an Interim Dividend of 40% for the financial year 2006-07. 2) Further, the Board has fixed April 10, 2007 as the Record Date for the purpose of determining the shareholders who will be entitled to receive such Interim Dividend. 3) The dividend warrant will be dispatched to the shareholders on or after April 17, 2007.

    • 16 Mar · Board meeting

      Inter-alia to consider the declaration of Interim Dividend if any of the Financial Year 2006-2007.

    • 15 Mar · E-mail ID for Investor Complaints

      We have created an e-mail Id [email protected] which is linked to investor grievances and uploaded in Bank's website. This e-mail link is exclusively for the purpose of registering the investors' grievances if any.

    • 14 Mar · Change in the constitution of the board

      Corporation Bank had informed the Exchange about the cessation of Directorship of Shri D. N. Prakash, Officer Employee Director from the Board of the Bank from 08.03.2007, vide Government Notification S.O.252(E) dated 19.02.2007. The Company now informed the Exchange that "Now the Government of India has issued a Corrigendum Notification S.O.335(E) dated 08.03.2007 and received by us on 12.03.2007, which enables him to continue as the Director. Accordingly Shri D. N. Prakash will continue as the Officer Employee Director until further notification".

    • 12 Mar · Change in the constitution of the board

      Shri D.N. Prakash, Officer Employee Director on the Board of the Bank is ceased to be member of the Board of the Bank effective from 08.03.2007, consequent to an amendment to Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, vide Government of India Notification S.O.252(E) dated 19.02.2007

    • 6 Mar · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the nine months ended December 31, 2006 and found the same to be in order subject to certain observations. The auditor's observations are: The following may have an impact on the financial results, the effect of which have not been ascertained: a) Certain items arising out of reconciliation of inter branch transactions and transactions with other banks / institutions. b) Old entries of other assets and other liabilities for which adjustments are in progress; c) Accounting for employee benefits on an estimated basis instead of actuarial valuation as stipulated in Accounting Standard 15 (Revised) issued by ICAI, pending RBI guideliens.

    • 1 Mar · Change in the constitution of the board

      In exercise of the powers conferred by clause (c) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [ as amended vide the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws ( Amendment) Act, 2006] read with sub clause (1) of clause 3 of the Nationalised Banks ( Management and Miscellaneous Provisions) Scheme 1980, the Central Government has nominated Shri M.A. Srinivasan, as the Director on the Board of the Bank with effect from 27th February 2007 until further orders, vice Shri C. V. George

  10. Feb 2007

    • 27 Feb · Board meeting

      February 27, 2007 that: "In the meeting of the Board of Directors held on this day resolved the proposal for taking up the Primary Dealership business of CorpBank Securities Ltd. (CBSL) to funcion as Bank-PD departmentally with effect from 01.04.2007 subject to necessary approval".

    • 19 Feb · Board meeting

      Among other things, to discuss the takeover of Primary Dealer Business activity by the Bank from its wholly owned subsidiary Company - CorpBank Securities Ltd..

    • 14 Feb · Strike

      United Forum of Bank Unions (UFBU) has given a call for strike on Friday, 23 February 2007 throughout the country in support of some of their demands. A section of our employees may take part in the proposed strike on the said day, if the strike materialises. In view of this, it is likely that the normal functioning of our Branches may get affected

  11. Jan 2007

    • 16 Jan · Board meeting

      To consider amongst others, the un-audited Financial Results (subjected to a "Limited Review") of the Bank for the quarter ended December 31,2006.

    • 8 Jan · Rating

      CRISIL has assessed and reaffirmed the following four instruments of our Bank as follows. 1. Name of the Instrument: Fixed Deposit Programme, Rating Reaffirmation: FAAA/Stable, Description: Very Strong degree of Safety with regard to timely payment of Interest and Principal. 2. Name of the Instrument: Rs. 2 Billion lower Tier II Bond Issue, Rating Reaffirmation: AAA/Stable, Description: Highest degree of safety with regard to timely payment of Interest and Principal. 3. Name of the Instrument: Rs. 3 Billion lower Tier II Bond Issue, Rating Reaffirmation: AAA/Stable, Description: Highest degree of safety with regard to timely payment of Interest and Principal. 4. Name of the Instrument: Rs.15 Billion Certificate of Deposit Programme, Rating Reaffirmation: P1 plus, Description: Very strong degree of safety with regard to timely payment of Interest and Principal.