CORPBANK

Corporation Bank has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2010 as follows: Interest earned of Rs. 729460.41 lacs for the year ending on 31-MAR-2010 against Rs. 606734.06 lacs for the year ending on 31-MAR-2009. Interest expended of Rs. 508322.57 lacs for the year ending on 31-MAR-2010 against Rs. 437101.84 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 118134.81 lacs for the year ending on 31-MAR-2010 against Rs. 90032.37 lacs for the year ending on 31-MAR-2009.

Corporation Bank has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2010 as follows: Interest earned of Rs. 729460.41 lacs for the year ending on 31-MAR-2010 against Rs. 606735.14 lacs for the year ending on 31-MAR-2009. Interest expended of Rs. 508434.65 lacs for the year ending on 31-MAR-2010 against Rs. 437637.48 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 117025.12 lacs for the year ending on 31-MAR-2010 against Rs. 89276.99 lacs for the year ending on 31-MAR-2009.

Corporation Bank has informed the Exchange that the Board of Directors in their meeting held on April 23, 2010 recommended a dividend of Rs.16.50 per share of Rs.10/- each for the year 2009-10 subject to approval of the shareholders in the ensuring Annual General Meeting.

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2010 as follows: Interest earned of Rs. 192220.91 lacs for the quarter ending on 31-MAR-2010 against Rs. 170638.53 lacs for the quarter ending on 31-MAR-2009. Interest expended of Rs. 128244.55 lacs for the quarter ending on 31-MAR-2010 against Rs. 127809 lacs for the quarter ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 31232.93 lacs for the quarter ending on 31-MAR-2010 against Rs. 26049.11 lacs for the quarter ending on 31-MAR-2009.

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 exercise of powers conferred by Clause (f) of Sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 read with Sub-clause (1) and (2) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980, the Central Government, after consultation with the Reserve Bank of India, nominated Shri Kaushik Kumar Ghosh, Manager of the Bank as Officer Employee Director on the Board of Directors of the Bank with effect from 16.04.2010, for a period of three years i.e. upto 15.

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2009 as follows: Interest earned of Rs. 186064.11 lacs for the quarter ending on 31-DEC-2009 against Rs. 162348.12 lacs for the quarter ending on 31-DEC-2008. Interest expended of Rs. 126120.32 lacs for the quarter ending on 31-DEC-2009 against Rs. 114551.37 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 30499.77 lacs for the quarter ending on 31-DEC-2009 against Rs. 25647.07 lacs for the quarter ending on 31-DEC-2008.

Corporation Bank has informed the Exchange that: "Shri T Ramachandra Bhat, Director on the Board of the Bank representing the Officer Employees of the Bank has retired from the services of the Bank on attaining superannuation on 31st December 2009. Consequent to this he also ceased to be a Director from 1st January 2010".

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 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 Lalit Kumar, Director (Insurance) Department of Financial Services, New Delhi, as the Director of the Bank representing the Central Government with effect from December 09, 2009 vice Shri Mukul Singhal.

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, appointed Shri Narendra Singh, General Manager, Allahabad Bank as a whole time director (designated as Executive Director) of the bank for the period from the date of his tak

Corporation Bank has informed the Exchange that the CARE has reaffirmed the ratings to the debt instruments issued by the Bank. 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_update_23112009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Interest earned of Rs. 176954.66 lacs for the quarter ending on 30-SEP-2009 against Rs. 144875.38 lacs for the quarter ending on 30-SEP-2008. Interest expended of Rs. 126603.07 lacs for the quarter ending on 30-SEP-2009 against Rs. 104208.55 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 29167.71 lacs for the quarter ending on 30-SEP-2009 against Rs. 19151.12 lacs for the quarter ending on 30-SEP-2008.

Corporation Bank has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Interest earned of Rs. 351175.39 lacs for the half year ending on 30-SEP-2009 against Rs. 273748.49 lacs for the half year ending on 30-SEP-2008. Interest expended of Rs. 254069.78 lacs for the half year ending on 30-SEP-2009 against Rs. 195277.11 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 55292.42 lacs for the half year ending on 30-SEP-2009 against Rs. 37580.79 lacs for the half year ending on 30-SEP-2008.

Corporation Bank has informed the Exchange that "The Bank has appointed following 6 Chartered Accountant Firms as Statutory Central Auditors of the Bank for the year 2009-10: (1) M/s Rao & Swami, Bangalore (2) M/s Kishore & Kishore,New Delhi (3) M/s Padmanabhan Ramani & Ramanujam, Chennai (4) M/s Jain Chopra & Company, New Delhi (5) M/s Padmanabhan Prakash & Co., Chennai (6) M/s R. Devendra Kumar & Associates, Mumbai. All the six firms are continuing as Statutory Central Auditors from previous year."

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 that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. 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_LR_06082009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that "We have been informed by the Ministry of Finance vide their letter dated 20.07.2009 that the United Forum of Bank Unions (UFBU) has given a call for two days strike on 6th and 7th August 2009 throughout the country 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 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 the CRISIL has upgraded the ratings to the debt instruments issued by the Bank. 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/Coporation_creditrating_06082009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2009 as follows: Interest earned of Rs. 174220.73 lacs for the quarter ending on 30-JUN-2009 against Rs. 128873.11 lacs for the quarter ending on 30-JUN-2008. Interest expended of Rs. 127466.71 lacs for the quarter ending on 30-JUN-2009 against Rs. 91068.56 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 26124.71 lacs for the quarter ending on 30-JUN-2009 against Rs. 18429.67 lacs for the quarter ending on 30-JUN-2008.

Corporation Bank has informed the Exchange that the Shareholders of the Bank at the Annual General Meeting held on July 25, 2009 have approve the following: (1) Discussed, approved and adopted the audited Balance Sheet as at March 31, 2009 and profit and Loss Account for the year ended March 31, 2009 and the reports of the Directors and the Auditors thereon. (2) Confirmation of payment of Interim Dividend already paid and declaration of Final Dividend of Rs.8/- per share of Rs.10/- each was declared.

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 submitted to the Exchange a copy of the Notice of AGM scheduled to be held on July 25, 2009, appeared on June 27, 2009 in the newspapers. The details of the same shall be available on the NSE web site (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Corporation_N_30062009.zip target=NEW> For more details click here.</a>

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 Shri S. Ravi, Chartered Accountant Director on the Board of the Bank has resigned as Director with effect from June 24, 2009.

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: "We have been informed by the Indian Banks' Association (IBA) that the United Forum of Bank Unions (UFBU) has given a call for strike on 12th June 2009 throughout the country 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 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 Board of Directors at their meeting held on May 25, 2009 have fixed: 1) The Annual General Meeting of the shareholders of the Bank to be held on July 25, 2009. 2) The date July 07, 2009 to July 25, 2009 (both days inclusive) as Book Closure date for Annual General Meeting and for entitlement of the shareholders to receive the final dividend, if any. ECS credits of the final dividend and the despatch of the physical dividend warrants will be done on August 07, 2009 onwards, if approved in the Annual General Meeting.

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 has informed the Exchange that the Bank 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/Corporation_Updates_04052009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that the Government of India (i.e. President of India), the Promoter of Corporation Bank has not pledged any of its shares.

Corporation Bank has informed the Exchange that the Board of Directors in their meeting held on April 24, 2009 recommended a final dividend of 80% i.e. Rs.8/- per share of the face value of Rs.10/- each.

Corporation Bank has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2009 as follows: Interest earned of Rs. 606735.14 lacs for the year ending on 31-MAR-2009 against Rs. 451655 lacs for the year ending on 31-MAR-2008. Interest expended of Rs. 437637.48 lacs for the year ending on 31-MAR-2009 against Rs. 307324 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 89276.99 lacs for the year ending on 31-MAR-2009 against Rs. 73499 lacs for the year ending on 31-MAR-2008.

Corporation Bank has informed the Exchange regarding the standalone Results for the quarter ended on 31-MAR-2009 as follows: Interest earned of Rs. 170638.53 lacs for the quarter ending on 31-MAR-2009 against Rs. 125352 lacs for the quarter ending on 31-MAR-2008. Interest expended of Rs. 127809 lacs for the quarter ending on 31-MAR-2009 against Rs. 85096 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 26049.11 lacs for the quarter ending on 31-MAR-2009 against Rs. 20560 lacs for the quarter ending on 31-MAR-2008.

Corporation Bank had informed the Exchange vide its letter dated March 30, 2009 that "The Bank now proposes to issue Lower Tier-II Bonds for Rs. 400 crore on Private Placement basis". The Bank has now informed the Exchange that the Bank has raised Lower Tier-II Bonds [Series (III) (2)] for Rs. 500 crore and the same allotted on March 31, 2009 to the respective applicant 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 that: "The Bank now proposes to issue Lower Tier-II Bonds for Rs. 400 crore on Private Placement basis". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates

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 at the meeting of the Board of Directors of the Bank held on February 26, 2009 the following decisions have been taken: [1] The Board declared an Interim Dividend of Rs. 4.50/- per equity share of Rs.10/- each for the financial year 2008-09. [2] Further, the Board has fixed March 13, 2009 as the Record Date for the purpose of determining the shareholders who will be entitled to receive such Interim Dividend. [3] The dividend warrant will be dispatched to the shareholders on or after March 20, 2009.

Corporation Bank has informed the Exchange that: "The Bank has raised Upper Tier-II Bonds (Series (I) (2)) for Rs. 700 Crore and the same allotted on 24th February 2009 to the respective applicant 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 that: "The Bank now proposes to issue Upper Tier-II Bonds [Series (I) (2) ] for Rs. 700 crore on Private Placement basis". The details of the same shall be available on the NSE website (http://www.nseindia.com)