Inactive Instrument

Corporation Bank

532179

INE112A01023

Corporation Bank agreed to acquire 4% stake in LIC Nomura Mutual Fund Asset Management Company Ltd. from Nomura Asset Management Strategic Investments Pte. Ltd for INR 56.7 million.

January 05, 2016

Corporation Bank (BSE:532179) agreed to acquire 4% stake in LIC Nomura Mutual Fund Asset Management Company Ltd. from Nomura Asset Management Strategic Investments Pte Ltd for INR 56.7 million on January 6, 2016. The deal is subject to necessary regulatory approvals and agreement. Competition Commission has approved has approved the transaction.

Alka Nalavadi and Rushabh Maniar of AZB & Partners acted as legal advisor to Nomura Asset Management.

Latest news about Corporation Bank

Corporation Bank Reports Earnings Results for the Full Year Ended March 31, 2020	01/10/20	CI
No Change in Mega Bank Merger Plans Despite National Lockdown	25/03/20	CI
Corporation Bank(BSE:532179) dropped from S&P Global BMI Index	20/03/20	CI
The Central Government Nominates Alok Tiwari, Deputy Secretary as Director on the Board of the Corporation Bank	05/03/20	CI
Corporation Bank Announces Cessation of M. Bhagavantha Rao as Part-Time Non-Official Director	02/03/20	CI
Government Reportedly May Notify Merger of 10 PSBs to 4 Lenders This Week	09/02/20	CI
Corporation Bank Reports Earnings Results for the Third Quarter Ended December 31, 2019	07/02/20	CI
Corporation Bank Reports Earnings Results for the Second Quarter Ended September 30, 2019	07/11/19	CI
Corporation Bank Reports Earnings Results for the First Quarter Ended June 30, 2019	03/08/19	CI
Corporation Plans To Raise Funds	16/06/19	CI
Corporation Bank Announces Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019	17/05/19	CI
RBI Nominates P. K. Panda as Director of the Corporation Bank	26/04/19	CI
Corporation Bank Appoints V. Muthukrishnan as Chief Financial Officer	26/04/19	CI
Corporation Bank Announces Cessation of Deverakonda Diptivilasa as Director	25/04/19	CI
Corporation Bank Announces Superannuation of M. B. Ganesh as General Manager and Chief Financial Officer	01/04/19	CI
Corporation Bank Plans To Raise Funds	25/02/19	CI
Corporation Bank announced that it has received INR 90.85999999 billion in funding from India	21/02/19	CI
Corporation Bank announced that it expects to receive INR 90.86 billion in funding from India	19/02/19	CI
Corporation Bank Appoints A. K. Vinod as Chief Risk Officer	18/02/19	CI
Corporation Bank Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended December 31, 2018	11/02/19	CI
Corporation Bank Announces Appointment of P. V. Bharathi as Managing Director and Chief Executive Officer	01/02/19	CI
Corporation Bank Announces Cessation of Shri Jai Kumar Garg as Managing Director and Chief Executive Officer of the Bank	01/02/19	CI
Corporation Bank Appoints P. V. Bharathi as Managing Director and Chief Executive Officer	27/12/18	CI
Corporation Bank Appoints Shri Birupaksha Mishra as a Executive Director	26/12/18	CI
Corporation Bank Reports Unaudited Earnings Results for the Second Quarter and Half Year Ended September 30, 2018	15/11/18	CI

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Company Profile

Corporation Bank Limited, formerly Corporation Bank, is engaged in lending and borrowing activities. The Bank's segments include Treasury Operations, Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers personal, corporate, non-resident Indian (NRI) and priority banking products and services. Its personal products and services include saving accounts, deposits, loans, cards, Forex, investments, remittance, tax and pensions, and insurance. Its personal loans include Corp Home, Corp Personal, Corp Vehicle, Corp Vidya, Corp Mortgage, Padho Pardesh Scheme, Corp Rental, Corp Professional, Corp Vyapar, Corp Shubha Vivah, Corp Apni Dukan and Corp Skill Loan. Its corporate products and services include current accounts, cash management, financing, Forex and payroll account. Its NRI products and services include saving accounts, term deposits, loans and remittance. Its NRI loans include CORP Home Premium NRI, CORP Vehicle, CORP Ghar Shobha and CORP Mortgage.

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