:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

CORPORATION BANK SEEKS GOVERNMENT NOD FOR RS. 6000 CRORE RIGHTS ISSUE

According to Mr. J.M. Garg, Chairman and Managing Director, Corporation Bank is in talks with the Government for a Rs.6000 crore right issue for launching in October - March. At present, the Govt. has a 57% stake in the bank. The bank has projected a capital requirement of Rs.14000 crore for the next three years.

Source: http://www.business-standard.com/india/news/corporation-bank-seeks-government-nod-for-rs-6000-crore-rights-issue/382477/

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