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News
public sector lender
Public sector lender News
Canara Bank
08 May 2017
Canara Bank posts fourth-quarter profit on lower bad loan provisions
Indian public sector lender Canara Bank reported a profit for the fourth quarter, compared with a year-ago loss, on the back of lower provisions for bad loans.
Oriental Bank of Commerce
26 Mar 2016
OBC cuts interest rates across maturities
Public sector lender Oriental Bank of Commerce is set to cut interest rates for deposits less than Rs. one crore across maturities in a range of 0.25 to 0.5 percent with effect from March 28.
public sector lender
25 Mar 2016
OBC cuts interest rates on deposits less than Rs 1 cr
For maturities from 31 days to 45 days, the bank has cut interest rate from 6 percent to 5.5 percent for deposits less than Rs 1 crore.
IDBI Bank strike
27 Nov 2015
IDBI Bank staff on strike against govt privatisation plan
The employees are protesting under the banner of United Forum of IDBI Officers and Employees.
public sector lender
20 Oct 2015
OBC's Rs 1,000 cr bonds issue to open tomorrow
The deemed date of allotment will be October 26, 2015.
Bank of India
20 Mar 2015
BoI raises Rs 641 cr from share sale to LIC, New India Assurance
Public sector lender Bank of India (BOI) on Friday said it has raised over Rs 641.99 crore by issuing shares on preferential basis to LIC and New India Assurance.
public sector lender
02 Feb 2015
Canara Bank to raise Rs 1,500 cr via bonds
Bangalore based public sector lender Canara Bank today said it will raise additional capital worth Rs 1,500 crore through private placement of bonds.
OBC
08 Dec 2014
OBC cuts rates on select term deposits by 0.10%
The new rates, which is for term deposits less than Rs 1 crore, will come to effect from December 9, 2014, the bank said.
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