Tag: Corporation Bank

New Delhi: The government has appointed P.V. Bharathi as the Managing Director and Chief Executive of the Corporation Bank. According to the Department of Personnel and Training, the Appointments Committee of the Cabinet (ACC) approved the appointment following a proposal from the Department of Financial Services, under the Union Ministry of Finance. “The ACC has […]

New Delhi/Mumbai: The central government on Friday made major top management changes in several public sector banks (PSBs). The Appointments Committee of the Cabinet approved the proposed postings of new Managing Directors and CEOs at PSBs like Punjab National Bank (PNB), based on the recommendations by the Department of Financial Services. R. Subramaniakumar, an Executive […]

Institute of Banking Personnel Selection (IBPS) has released a recruitment notification for the positions of Probationary Officer/ Management Trainee under IBPS recruitment 2019-20. Interested and eligible candidates can apply for the positions from August 14, 2018 while the deadline to submit application form is September 4, 2018. Selection Process: The examination will be two tier […]

Mumbai: The Reserve Bank of India (RBI) has imposed separate monetary penalties on lenders Allahabad Bank and Corporation Bank over deficiencies in complying with various regulatory norms. In a regulatory filing to the BSE on Friday, the Allahabad Bank said that the RBI has imposed a penalty of Rs 1.5 crore “for not monitoring the […]

Bhubaneswar: The big bang consolidation of banks in public sector announced by Finance Minister N Sitharaman on Friday is likely to see shut down of nearly 300 ATMs in the State. “The immediate goal of the mega merger of banks is to rationalise the operations and boost the capital base. Since one in two ATMs […]