CORPBANK

Corporation Bank has informed the Exchange that the Bank revised the Base Rate for lending from 7.75% p.a. to 8.25% p.a. with effect from November 08, 2010.

Corporation Bank has informed the Exchange that the Bank has revised its Benchmark Prime Lending Rate (COBAR) from 12.50% p.a to 12.75% p.a. with effect from October 8, 2010.

Corporation Bank has informed the Exchange that "Corporation Bank has revised its Benchmark Prime Lending Rate (BPLR) from 12.00% p.a. to 12.5% p.a. with effect from 02.08.2010."

Corporation Bank has informed the Exchange that the Board of Director at their meeting on June 24, 2010 approved the revision of issual of the Tier-I/Tier-II Bonds.

Corporation Bank has informed the Exchange that the Bank has fixed Base Rate for lending at 7.75% with effect from July 01, 2010. This rate has been introduced in terms of guidelines issued by Reserve Bank of India on April 09, 2010.

Corporation Bank has informed the Exchange that Shri P R Karanth, General Manager in charge of Financial Management Division has been designated as the Chief Financial Officer of the Bank and this appointment got concurrence from the Audit Committee of the Board of the Bank in its meeting held on April 23, 2010.

Corporation Bank has informed the Exchange with reference to the board meeting on April 23, 2010 that arrangements have been made for Live Web casting of the press Meet arranged in this connection which can be visited on the banks website www.corpbank.in.

Corporation Bank has informed the Exchange that the Bank proposes to issue Upper Tier - II Bonds Series -I(7) for Rs.550 crore on Private Placement basis. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Corporation_Updates_21042010.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that in accordance with Section 3(2A) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, Government of India after consultation with Reserve Bank of India has increased the Authorised Capital of the Bank from the existing level of Rs. 1500/- crores to Rs. 3000/- crores vide its notification dated 10th November 2009, through official Gazette. Board of Directors of the Bank, at their meeting held on December 29, 2009 has, taken note of the direction for future guidance.

Corporation Bank has informed the Exchange that "We have been informed by the Ministry of Finance, Govt. of India vide their letter No. F.No.6/19/2009-IR dated 30.11.2009 that All India Bank Employees' Association (AIBEA) and ALL India Bank Officers Association (AIBOA) has given a call for a nation wide strike on Wednesday the 16th December, 2009 in support of some of their demands. A section of our 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 our Branches may get affected."

Corporation Bank has informed the Exchange that "The Bank has raised Tier-I Bonds [Series (I) (4)] for Rs.100 crore and the same allotted on 26th August 2009 to the respective applicants in demat mode and credited to their respective Client IDs".

Corporation Bank had informed the Exchange that the Board of Directors at their meeting held on June 25, 2009 approved the revision of issual of the Tier-I / Tier-II Bonds. The Bank has now informed the Exchange that the Bank now proposes to issue Tier - I Bonds Series - I (4) for Rs. 100 crore on Private Placement basis. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/corporation_updates_27082009.zip target=NEW> For more detai

Corporation Bank has informed the Exchange that "The Bank has raised Tier-I Bonds [Series (I) (3)] for Rs.100 crore and the same allotted on 11th August 2009 to the respective applicants in demat mode and credited to their respective Client IDs".

Corporation Bank has informed the Exchange that "The Bank has raised Upper Tier-II Bonds [Series (III) (6)] for Rs.300 crore and the same allotted on 11th August 2009 to the respective applicants in demat mode and credited to their respective Client IDs".

Corporation Bank has informed the Exchange that "The Bank has raised Upper Tier-II Bonds [Series (III) (5)] for Rs.250 crore and the same allotted on 10th August 2009 to the respective applicant in demat mode and credited to the respective Client ID".

Corporation Bank has informed the Exchange regarding issue Tier - I and Tier - II Bonds on Private Placement basis. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Corpoaratin_Debt_06082009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that :"This has futher reference to our letter Ref: ISD:091:2009-10 dated 7th July 2009, the Bank has raised Tier-I Bonds [Series (I) (2)] for Rs.300 crore and the same allotted on 10th July 2009 to the respective applicant in demat mode and credited to the respective Client ID".

Corporation Bank had informed the Exchange that the Board of Directors at their meeting held on June 25, 2009 approved the revision of issual of the Tier-I / Tier-II Bonds. The Bank has now informed the Exchange that: "The Bank now proposes to issue Tier - I Bonds Series - I (2) for Rs.300 crore on Private Placement basis". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/CorpBank_Updates_07072009.zip target=NEW> For more detail

Corporation Bank has informed the Exchange that the Board of Directors at their meeting held on June 25, 2009 approved the revision of issual of the Tier-I / Tier-II Bonds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Corporation_Updates_27062009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that the Bank has raised Upper Tier-II Bonds [Series (III) (4)] for Rs. 500 crore and the same allotted on May 28, 2009 to the respective applicant in demat mode and credited to the respective Client ID.

Corporation Bank has informed the Exchange that the Bank now proposes to issue Upper Tier-II Bonds for Rs.500 crore on Private Placement basis. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/corpbank_UP_28052009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that : "The Bank has raised Upper Tier-II Bonds[Series(III)(3)] for Rs 500 Crore and the same allotted on 6th May 2009 to the respective applicants in demat mode and credited to their respective Client ID".

Corporation Bank had informed the Exchange that: "The Board of Directors of the Bank at their meeting held on 16.09.2008 approved the proposal for raising of: 1) Tier I Bond / perpetual Bonds to the extent of Rs.600 crore. 2) Upper Tier-II Bond to the extent of Rs.1000 crore. These are in addition to raising of Lower Tier-II Bond to the tune of Rs.1200 crore". The Bank has now informed the Exchange that the Board of Directors of the Bank at their meeting held on March 28, 2009 approved the revision of issual of the Tier I / Tier II bonds. The details of the same shall be available on the NSE w

Corporation Bank has informed the Exchange that: "Corporation Bank Benchmark Advance Rate has revised downward by 50 basis points to 12% from 12.5% p.a. with effect from 01.04.2009."

Corporation Bank has informed the Exchange that "The Bank has opened its Local Representative Office in Hong Kong, today (i.e. 16.02.2009). This is the second international office of the Bank, including the first Local Representative Office at Dubai opened in last calendar year."

Corporation Bank has informed the Exchange that the Bank has revised "Corporation Bank Bechmark Advance Rate" (COBAR), i.e. Bench Mark Prime Lending Rate (BPLR) downward by 75 basis points to 12.50% p.a. from 13.25% p.a. with effect from January 01, 2009. The Bank has also reduced the Deposit Rates by 25 to 100 basis points across various maturities with effect from January 01, 2009.

Corporation Bank has informed the Exchange that the Bank has proposed to issue Upper Tier - II Bonds [Series (I) (1)] for Rs. 300 Crores. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Corporationbk_Bonds_16122008.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that the Upper Tier-II Bonds [Series (I) (1)] for Rs. 300 crore, allotted on December 12, 2008, to the respective applicants in demat mode and credited to their respective Client IDs.

Corporation Bank had informed the Exchange that the Board of Directors of the Bank at their meeting held on September 16,2008 approved the proposal for raising of: 1) Tier I Bond / perpetual Bonds to the extent of Rs.600 crore. 2) Upper Tier-II Bond to the extent of Rs.1000 crore. These are in addition to raising of Lower Tier-II Bond to the tune of Rs.1200 crore. The Bank has now informed the Exchange that the bank has proposes to issue Upper Tier-II Bonds [Series (I) (1)] for Rs.300 Crore. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporat

Corporation Bank has informed the Exchange that the Lower Tier-II Bonds [Series (III) (1)] for Rs. 200 crore, allotted on December 03, 2008, to the respective applicants in demat mode and credited to their respective Client IDs.

Corporation Bank has informed the Exchange that due to unavoidable causes, the Deemed date of allotment has been extended to December 03, 2008 (including consequential changes) for raising of Lower Tier -II Bond [Series (III)(1)] of Rs.200 crore.

Corporation Bank had informed the Exchange that the Board of Directors of the Bank at their meeting held on September 16,2008 approved the proposal for raising of: 1) Tier I Bond / perpetual Bonds to the extent of Rs.600 crore. 2) Upper Tier-II Bond to the extent of Rs.1000 crore. These are in addition to raising of Lower Tier-II Bond to the tune of Rs.1200 crore. The Bank has now informed the Exchange that the bank has proposes to issue Lower Tier-II Bonds [Series (III) (1)] for Rs.200 Crore. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corpor

Corporation Bank has informed the Exchange that :"Taking cue from RBI's liquidity improvement measures such as reduction in SLR/CRR and Repo rate, Corporation Bank Benchmark Prime Lending Rate [BPLR] has revised downward by 75 basis points to 13.25% from 14% p.a. With effect from 10.11.2008".

Corporation Bank has informed the Exchange that "CRISIL has assessed and reaffirmed the following financial instruments of our Bank as follows. (1) Name of the instrument : Lower Tier II Bonds Issue (to the extent of Rs.1000 crore out of which Rs.800 crore already raised); Rating/ reaffirmation: AAA/ stable to negative".

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 July 24, 2008, the Bank received valid nominations from four candidates. After conducting Due Diligence check as per RBI Notification and scrutiny of nominations as per Corporation Bank ( Shares and Meetings) Regulations, 1998, the ba

Corporation Bank has informed the Exchange that "In order to cope with the impact of increase in the cost of funds, Corporation Bank Benchmark Advance rate (COBAR) has been revised upward by 50 basis points from the present level of 13.50% p.a. to 14.00% p.a. with effect from August 11, 2008. However, Housing Loans with sanctioned limits upto Rs.30 lakh, Agriculture Loans and Educational Loans are kept outside the purview of present upward revision in COBAR".

Corporation Bank has submitted to the Exchange a copy of the notice published in the newspaper on July 29, 2008 for Election of Three Shareholder Directors. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Corpbank_SHARE_04082008.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that the Corporation Bank Benchmark Advance Rate (COBAR) has been revised upward by 50 basis points from the present level of 13% p.a. to 13.50%p.a. with effect from July 01, 2008.

Corporation Bank has informed the Exchange that during the calendar year 2007 bank has opened 71 new branches, thus taking the total no. of branches to 949. The total business has crossed Rs. 83000 crore with a growth rate of 22%. The total deposit is over Rs.49000 crore and the total credit is over Rs. 34000 crore thus registering a growth rate of 24% and 20% respectively. The CASA growth is 20%.