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Corporation Bank Jumps 20% On Third Consecutive Day Of Rally
Shares of Corporation Bank extended their gains for the third consecutive session on Tuesday, locked in an upper-circuit of Rs 26.45 after a 19.95 percent jump in value. As per Bloomberg data, the stock's trading volume was almost 16 times its ...
What Will PSB Mergers Mean For Customers, Employees And Shareholders?
With a motive to strengthen the public sector banking (PSB) business, Finance Minister Nirmala Sitharaman, on Friday, announced the consolidation of 10 PSBs into 4. These mergers will take time to be implemented, however, stakeholders of the decision, that is, the customers, ...
Banking Stocks Hit 52-Week Lows; What's Bothering Investors?
Corporation Bank, Canara Bank, Dhanlaksmi Bank, Allahabad Bank, Indian Bank, South Indian Bank, J&K Bank and Axis Bank are some of the banking stocks that have hit 52-week lows this week. Banking stocks have fallen badly in the last few days. ...
Corporation Bank Slashes Base Rate To 10%
Public Sector Bank, Corporation Bank has cut its base lending rates by 0.25 per cent joing many banks in the country in doing so. "Corporation Bank has informed BSE that the Bank has revised the Base Rate for lending from ...
PSU Banking Stocks Rally Ahead of Gyan Sangam Meet
PSU Banking stocks rallied ahead of the 2 day Gyan Sangam meeting with stocks like Syndicate Bank, Punjab National Bank, Andhra Bank and Bank of India among the gainers Mergers and acquisitions of PSU banks will be a major theme ...
Festive Loan offers: How to make the most of it?
With every financial institution gearing to make the most of the current festive season that is considered as auspicious by our Indian community to make different purchases, time is indeed right for consumers to make deals but with diligence. A gamut ...
Corporation Bank surges on strong Q4 numbers
Shares of the Corporation Bank surged 6% after the bank reported better than expected results. The bank posted net profit of Rs 356 crore for the quarter ended March 31, 2013. Net interest income (interest income minus interest expanded) ...
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