CORPBANK

Corporation Bank has submitted to the Exchange vide letter dated April 04, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Corporation Bank has informed the Exchange that in terms of Reserve Bank of India directives, all the branches of the Bank which are authorized to do Government business and branches which are participating in clearing house will remain open as per RBI guidelines and will participating in special clearing as per the operational convenience of the local clearing centers at all clearing centers across the country on 29th, 30th and 31st March 2013 to do clearing work related to Government Account credits.

Corporation Bank has informed the Exchange that the Preferential Allotment Committee of the Board of the Bank at its meeting held on March 22, 2013, has allotted 47,85,137 Equity Shares of Rs. 10/- each at a premium of Rs. 416.32 per share i.e. at an issue price of Rs. 426.32 per share to Government of India (i.e. in the name of President of India) on a Preferential basis. Consequent upon this, the Issued and Subscribed Capital of the Bank gets raised to 15,29,14,391 Equity Shares and Government of India holding gets increased from 58.52% to 59.82%. The Equity shares so allotted shall rank par

Corporation Bank has informed the Exchange regarding the details of Voting results at the Extra Ordinary General Meeting (EGM) of the Company held on March 15, 2013, under Clause 35A of the Listing Agreement.

Corporation Bank has informed the Exchange regarding the Proceedings of the Extra Ordinary General Meeting of the Shareholders of the Bank held on March 15, 2013.

Corporation Bank has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the members of the Bank scheduled to be held on March 15, 2013.

Corporation Bank has informed the Exchange that the Bank have been informed by the Indian Banks Association, vide their Circular letter dated February 06, 2013, that United Forum of Bank Unions (UFBU) consisting of nine national level unions/ organisations (viz. AIBEA, NCBE, BEFI, INBEF, NOBW, AIBOC, AIBOA, INBOC and NOBO) have given a call for a nationwide strike on February 20, 2013 and February 21, 2013 in support of some of their demands. A section of the Bank's employees may participate in the proposed strike on the said date, if the strike materialises. In view of the above, it is likel

Corporation Bank has informed the Exchange that the Bank has revised the Base Rate for lending from 10.50% p.a. to 10.25% p.a. with effect from February 06, 2013.

Corporation Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on February 01, 2013, the Board, while approving the proposal of the Government of India to infuse Capital, has resolved to call an Extraordinary General Meeting of the Shareholders of the Bank on March 15, 2013, for approval of the preferential Allotment of Equity Shares to the Government of India to the extent of Rs. 204 Crore at a price to be decided as per SEBI (ICDR) Regulations, 2009.

Corporation Bank has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended December 31,2012.

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2012 as follows: Interest earned of Rs. 387088.36 lacs for the quarter ending on 31-DEC-2012 against Rs. 374447.98 lacs and Rs. 336284.38 lacs for the quarters ending on 30-SEP-2012 and 31-DEC-2011 respectively. Interest expended of Rs. 298749.15 lacs for the quarter ending on 31-DEC-2012 against Rs. 294123.21 lacs and Rs. 250103.56 lacs for the quarters ending on 30-SEP-2012 and 31-DEC-2011 respectively. Net Profit / (Loss) of Rs. 30317.27 lacs for the quarter ending on 31-DEC-2012 agai

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government, after consultation with the Reserve Bank of India, appoints Shri B.K. Srivastav, General Manager, Allahabad Bank, as Executive Director of the Bank with effect from the date of his taking over charge of the post till Decem

Corporation Bank has informed the Exchange with reference to announcement dated December 17, 2012 regarding Change in the constitution of the Board. The Bank has now informed the Exchange that Shri Ashwani Kumar, Executive Director of the Bank ceased from the Services of the Bank on December 31, 2012, on his appointment as Chairman & Managing Director of Dena Bank.

Corporation Bank had informed the Exchange, that the Bank proposes to issue Unsecured Innovative Perpetual Non-Convertible Tier - I Bonds in the nature of Promissory Notes for Rs. 200 Crore, on Private Placement Basis. The Bank has now informed the Exchange that in view of certain unforeseen developments with regard to consideration of this Bond issue under Basel II or III, the issue of the Unsecured Innovative Perpetual Non-convertible Tier-I Bonds in the nature of Promissory Notes for Rs.200 crores on private placement basis, stands withdrawn with immediate effect.

Corporation Bank has informed the Exchange that Shri Raj Kumar Agrawal, Chartered Accountant Director on the Board of the Bank has resigned as Director with effect from December 28, 2012.

Corporation Bank has informed the Exchange that the Board of the Bank in its meeting held on December 26, 2012, has noted the amalgamation of the Chikmagalur Kodagu Gramin Bank, a Regional Rural Bank (RRB), sponsored by it with Cauvery Kalpataru Grameena Bank sponsored by State Bank of Mysore, with effect from November 01, 2012 as per the directions of Government of India, Ministry of Finance, Department of Financial Services, vide their Notification dated November 01, 2012.

Corporation Bank has informed the Exchange that the Bank now proposes to issued Unsecured Innovative Perpetual Non-Convertible Tier - I Bonds in the nature of Promissory Notes for Rs. 200 Crore, on Private Placement Basis.

Corporation Bank has informed the Exchange that the bank has been informed by the Indian Banks' Association, vide their letter No. CIR/HR&IR/76/Q/2012-13 /6411 and CIR/HR&IR/76/Q/2012-13/6422 dated December 14, 2012 and December 15, 2012 respectively, that All India Bank Employees Association (AIBEA), Bank Employees Federation of India (BEFI) and All India Officers' Association (AIBOA), have given a call for a nation wide strike on Thursday, December 20, 2012 in support of some of their demands. A section of the Bank's employees may participate in the proposed strike on the said date, if the s

Corporation Bank has informed the Exchange that Consequent upon the appointment of Shri Ashwani Kumar, Executive Director of the Bank as Chairman and Managing Director of Dena Bank for a period of five years from the date of his taking over the charge on or after January 01, 2013 vide Notification No.4/4/2011-BO.I dated November 09, 2012, services of Shri Ashwani Kumar, Executive Director, Corporation Bank and Chairman and Managing Director designate are placed at the disposal of Dena Bank as Executive Director on attachment basis with effect from December 17, 2012 till December 31, 2012 or un

Corporation Bank has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended September 30,2012.

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2012 as follows: Interest earned of Rs. 374447.98 lacs for the quarter ending on 30-SEP-2012 against Rs. 365062.18 lacs and Rs. 309074.23 lacs for the quarters ending on 30-JUN-2012 and 30-SEP-2011 respectively. Interest expended of Rs. 294123.21 lacs for the quarter ending on 30-SEP-2012 against Rs. 284219.18 lacs and Rs. 234714.16 lacs for the quarters ending on 30-JUN-2012 and 30-SEP-2011 respectively. Net Profit / (Loss) of Rs. 40571.16 lacs for the quarter ending on 30-SEP-2012 agai

Corporation Bank has informed the Exchange that the Bank have been informed by the Indian Banks's Association that United Forum of Bank Unions (UFBU) has given a notice that all the constituents of workmen and officers' unions i.e. AIBEA, NCBE, BEFI, INBEF, NOBW, AIBOC, AIBOA, INBOC and NOBO, have given a call for a nation wide strike on August 22, 2012 and August 23, 2012 in support of some of their demands. A section of the Company's employees may participate in the proposed strike on the said dates. if the strike materialises. In view of the above it is likely that the normal functioning of

Corporation Bank has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended June 30,2012.

Corporation Bank has informed the Exchange, vide letter dated June 29, 2012 regarding Details of the voting results at the Annual General Meeting of the shareholders of the Bank.

Corporation Bank has informed the Exchange regarding the Proceedings of the Annual General Meeting of the Shareholders of the Bank held on June 29, 2012.

Corporation Bank has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Company to be held on June 29, 2012.

Corporation Bank has informed the Exchange that the Board of Directors at their meeting held on May 21, 2011 have fixed: 1) The Annual General Meeting of the shareholders of the Bank to be held on June 29, 2012. 2) The date June 19, 2012 to June 29, 2012 (both days inclusive) as Book Closure date for Annual General Meeting and for entitlement of the shareholders to receive the dividend, if any. NECS credits of the dividend and the dispatch of the physical dividend warrants will be done on July 12, 2012 onwards, if declared in the Annual General Meeting.

Corporation Bank has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2012.

Corporation Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 04, 2012 has recommended a dividend of 205% i.e. Rs.20.50 per share of the face value of Rs.10/- each.

Corporation Bank has informed the Exchange that in exercise of the powers conferred by clause (c) of sub section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1980, the Central Government has nominated Shri U. S. Paliwal, as the Director on the Board of the Bank with effect from this date i.e. April 25, 2012 until further orders, vice Smt. Grace Koshie.

Corporation Bank has informed the Exchange that the Bank has revised the Base Rate for lending from 10.65% p.a. to 10.50% p.a. with effect from May 01, 2012.

Corporation Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on March 26, 2012, approved the forfeiture of 3300 equity shares of the Bank in respect of which the allotment money were in arrears.

Corporation Bank has informed the Exchange that the Bank have been informed by the Indian Banks' Association that they have received notices from AIBEA, BEFI, INBEF, NCBE, NOBW, AIBOA, and NOBO etc., informing that a common call for a nation wide strike on February 28, 2012, have been given by them in support of some of their demands. A section of the Bank employees may take part in the proposed strike on the said day, if the strike materialises. In view of this, it is likely that the normal functioning of the Bank's Branches may get affected.

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3, sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government, after consultation with the Reserve Bank of India, appoints Shri Amar Lal Daultani, General Manager, Allahabad Bank, as Executive Director of the Corporation Bank with effect from the date of his taking over charge of the pos

Corporation Bank has informed the Exchange that Shri Narendra Singh, Executive Director of the Bank ceased from the services of the Bank on January 31, 2012, on his appointment as Chairman & Managing Director of Bank of Maharashtra.

Corporation Bank has submitted to the Exchange the Standalone Financial Results for the period ended December 31,2011.

Corporation Bank has informed the Exchange that consequent upon the appointment of Shri Narendra Singh, Executive Director of the Bank as Chairman & Managing Director of Bank of Maharashtra with effect from the date of his taking over the charge of the post on or after February 01, 2012, vide Govt. of India Notification dated November 09, 2011, his services are placed at the disposal of Bank of Maharashtra as Executive Director on attachment basis with effect from January 17, 2012 till January 31, 2012, or until further orders. Shri Narendra Singh will continue to be on the strength of the Cor

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (e) of Sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with Sub-clause (1) & (2) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government, hereby appointed Shri Vincent D'Souza, Single Window Operator-B of the Bank as Workmen Employee Director on the Board of Directors of the Bank with effect from December 28, 2011 vide Govt. of India, Ministry of Finance, Department of Financial Ser

Corporation Bank has informed the Exchange that with the approval of RBI, the Bank has appointed M/s. Suresh Chandra & Associates, New Delhi as new Statutory Central Auditors of the Bank for the year 2011-12 in place of M/s Devendra Kumar & Associates, on completion of the tenure.

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (b) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government has nominated Shri L.K. Meena, Director, Department of Financial Services, Ministry of Finance, Govt. of India, New Delhi, as the Director of the Bank representing the Central Government with effect from December 02, 2011, vice Shri Lalit Kumar.

Corporation Bank has informed the Exchange that Shri V. Raghuraman, Workmen Employee Director of the Bank has ceased to be a director from November 14, 2011, on completion of his term.

Corporation Bank has submitted to the Exchange the Standalone Financial Results for the period ended September 30,2011.

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2011 as follows: Interest earned of Rs. 309074.23 lacs for the quarter ending on 30-SEP-2011 against Rs. 215811.43 lacs for the quarter ending on 30-SEP-2010. Interest expended of Rs. 234714.16 lacs for the quarter ending on 30-SEP-2011 against Rs. 144286.79 lacs for the quarter ending on 30-SEP-2010. Net Profit / (Loss) of Rs. 40111.12 lacs for the quarter ending on 30-SEP-2011 against Rs. 35173.44 lacs for the quarter ending on 30-SEP-2010.

Corporation Bank has informed the Exchange that Shri Ramnath Pradeep, Chairman and Managing Director of the Bank has retired from the services of the Bank on September 30, 2011, on attaining superannuation.

Corporation Bank has informed the Exchange that in exercise of powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with sub-clause (1) of clause 3, clause 5, clause 6, clause 7 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government, after consultation with the Reserve Bank of India, appointed Shri Ajai Kumar, Executive Director, Uco Bank as the Chairman and Managing Director of the Bank for the period from the date of his

Corporation Bank has informed the Exchange that as provided in Section 9(3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, Corporation Bank is entitled to have three directors representing the shareholders of the Bank, on the Board of the Bank. Accordingly the Bank invited nominations from the shareholders. On the last date viz. August 06, 2011, the bank received nominations from eight candidates. After conducting Due Diligence check as per RBI Notification and scrutiny of nominations as per Corporation Bank (Shares and Meetings) Regulations, 1998, the bank

Corporation Bank has informed the Exchange that as provided in Section 9(3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, Corporation Bank is entitled to have three directors representing the shareholders of the Bank, on the Board of the Bank. Accordingly the Bank invited nominations from the shareholders. On the last date viz. August 06, 2011, the bank received nominations from eight candidates. After conducting Due Diligence check as per RBI Notification and scrutiny of nominations as per Corporation Bank (Shares and Meetings) Regulations, 1998, the bank

Corporation Bank has submitted to the Exchange a copy of the press notification of the valid candidates for election to be held on August 22, 2011.

Corporation Bank has informed the Exchange that the following shareholder directors ceased to be directors of the Bank from August 09, 2011, on completion of their term. (1) Shri Hiren Mehta; (2) Shri Thomas Mathew T; (3) Shri Ajay Gatg.

Corporation Bank has informed the Exchange that the Bank has revised its Benchmark Prime Lending Rate (COBAR) from 14.50% p.a. to 15.00% p.a. and the Base Rate for lending from 10.25% p.a. to 10.65% p.a. with effect from August 01, 2011.