Corporation Bank inaugurated its new zonal office premises at Thane on Saturday. With a view to make branches more exclusive, the bank recently created 12 new zones across the country, taking the total number of zones to 31, a bank release here said.
The Thane Zone, which has been carved out of the existing branches from Pune and Greater Mumbai zones, controls over 30 branches of the bank with a total business of over Rs 3,858 crore. The zone consists of various metro, urban, and semi-urban branches.
The corporation bank, widely known private lender is involved in offering personal loans, home loans, education loan etc. The bank had earlier announced its plan to increase its overseas presence and it is also looking at a merchant banking license through its subsidiary. The bank has a nationwide network of 5,000 service outlets throughout India.
Corporation Bank is receiving a steady flow of proposals from infrastructure project developers. The bank’s various retail loans are given as ‘Corp Schemes’ highlighting the traditional Corporation Bank commitment on giving the best in terms of service, speedy disposal and of course at very competitive interest rates.