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India : CORPORATION BANK to open 500 new branches across the country

July 2, 2014

Public sector Bank, Corporation bank is planning to open 500 new branches all over India, in a move to increase its banking network.

The bank plans to set up new branches offering the best banking services to the customers.

According to Chairman and managing Director of the bank, by the end of this fiscal year bank plans to add 500 more branches.

During the 17th Annual meeting of the bank held in Mangalore, he stated that presently bank operates total 2,021 branches out of which 314 were established last year only.

Mainly, the branches will remain focused on Micro, Small and medium enterprises, agriculture and more on mobilising CASA deposits.

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Source: TendersInfo (India)

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