A recent press report said that the Indian Banks’ Association (IBA) has warned banks not to go overboard in their effort to recover bad loans. This caution has been made after the act of some state-run lenders such as Corporation Bank and the State Bank of India displaying the photographs of defaulting borrowers at their… Read More »
A recent press report said that Corporation Bank has opened its branches at Tundla and Usaini in Firozabad district of Uttar Pradesh recently. The branch was opened by Mr. Ramnath Pradeep, Chairman and Managing Director of the bank. The branches come under Meerut zone of the bank consisting of branches in Uttarakand and some districts… Read More »
According to recent press reports, Corporation Bank, has launched a new loan-linked savings bank account called ‘Corp Mahila Power’. The scheme was launched by Mr. Ramnath Pradeep, Chairman and Managing Director of the bank, at the 12th Commonwealth-India Small Business Competitiveness Development Program in Bangalore. The release said that ‘Corp Mahila Power’ was designed for… Read More »
A recent press report said that the ATMs of Corporation Bank would serve as a source of advertising medium to the public. The bank expects to take its ATM network to 3,250 by the end of the current financial year and as an attempt to achieve it, 2000 ATMs are to be added this year.… Read More »
A recent press report said that the Mangalore-based Corporation Bank will soon be setting foot on African shores in its bid to expand its operations globally. Mr.Ramnath Pradeep chairman and managing director of the bank told the press that Tanzania was one of the four African nations, where the bank was keen on setting up… Read More »
Recent press reports said that Corporation Bank is expecting its credit growth and deposits to expand by 25 per cent and 22 per cent respectively, in the year2011-12. Mr. Ramnath Pradeep, Chairman and Managing Director of corporation bank spoke to the press about the bank’s expectation on the credit growth and the deposits in the… Read More »