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May 6th, 2016, 01:13 PM
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Join Date: Mar 2012
Re: Corporation Bank Business

Corporation Bank is a public sector banking company headquartered in Mangalore, India. The bank has pan-India presence with 8,000 functional units comprising 2200 branches, 1800+ ATMs and 3,000 branchless banking units as of 30 January 2015.

As on 31st December 2015, the Total Business of the Bank was Rs.3,40,199 crore. The Total Deposit stood at Rs.1,97,738 crore and the Total Advances were at Rs.1,42,461 crore. The Networth rose to Rs.12,170.14 crore.

From 38 Rupees-13 Annas-2 Pies to a business level of Rs.3,40,199 crore and from a Networth of Rs.5,000/- to Rs.12,170.14 crore,

The total business of the bank during the financial year 2014-15 has been ₹3,44,412 crore input when rounding in 2013), as of 31 March 2015.

The total deposits have grown to ₹1,99,346 crore input when rounding in 2013).


Total income of the bank reached ₹21,038.02 crore input when rounding in 2013) during this period.

Operating profit of the bank reached ₹965.37 crore input when rounding in 2013) and net profit ₹584.26 crore input when rounding in 2013).

Products and services:

CorpConvenience International Debit Card
Online funds transfer using internet
Corp Vyapar - Short term credit for traders
Corp Mitra - Personal loans to employees of other companies holding salary accounts with corporation bank
Corp Consumer Loan
Anywhere banking
Millionnaire RD account
Payment of Income Tax through Corporation Bank ATMs
Mobile Banking
Corp Money Purse VISA Gift Card
Corp Investor Shoppe - Health check up of financial portfolio
Corp Personal Loan
Multi city cheques
SMS Banking
Three-in-One account
Inter Bank Payment Service (IMPS)
Gold Coins
Funds Transfer using ATMs
Corp Site Loan
Cash Management Services for corporates
Corp NewGen SB account
Campus Cash card
ASBA facility for IPO
Pay Roll Account
NRI Services
Corp International Credit card
Corp Vehicle - Loan for vehicles
Internet Banking
Corp Doctor Plus
Corp Mortgage - Funds against residential/commercial property
Corp rental - Finance against future rent receivable
M-commerce
Corp Travel Card
Corp Home-Housing Loan
Corp Vidya - Education Loan
Online Tax Payment
Fast Collection Service
Corp Recur
Corp Shelter - Reverse mortgage loan for senior citizens


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