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"central-bank-of-india"

  • Hyderabad: Fire breaks out in bank in Attapur

    Hyderabad: A fire broke out in the Central Bank of India branch at Attapur in the early hours of Tuesday. No casualties were reported, police said. Officials suspect a short circuit led to the fire. Those passing by noticed the fire and smoke from the bank and alerted the Fire department and police, after which […]
  • CBI court imprisons 12 Central Bank of India officers for fraud

    Hyderabad: The Special Judge for CBI cases, Hyderabad has sentenced 12 accused to Rigorous Imprisonment-ranging up to five years and a combined fine of Rs.11 lakh in a bank fraud case. According to a release issued by the Central Bureau of Investigation, the details of those sentenced include K. Raja Rao, the then Branch Manager, […]
  • State-owned banks getting ready for privatisation may come out with VRS

    Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.
  • Central Bank of India Q4 net loss narrows to Rs 1,349 cr

    Net profit (standalone) for the entire fiscal 2020-21 was down by 20.84 per cent to Rs 887.58 crore as against Rs 1,121.35 crore in 2019-20.
  • Banking on privatisation

    The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation
  • Finance ministry to infuse Rs 14,500 cr in banks

    Infusion will be made in the next few days, the sources said, adding the biggest beneficiary of this round of capital infusion would be the banks that are under the prompt corrective action
  • Central Bank of India net profit up 6.5%

    Interest income for the quarter under review was down to Rs 5,782.61 crore from Rs 6,028.88 crore in the year-ago quarter. 
  • Bank employee killed in road accident at Medchal

    Hyderabad: A bank employee was killed in a road accident at Medchal on Sunday afternoon. Kotta Sattaiah (55) who works with the Central Bank of India, Ranigunj branch, was going on his Activa when a speeding car hit the vehicle at Dabirpur Kaman. “The victim fell on the road from his vehicle and sustained serious […]

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