Corporation Bank

Prosperity for All

General Information
Company Name
Corporation Bank
Founded Year
1906
Location (Offices)
Mangalore, India +1
Founders / Decision Makers
Number of Employees
2
Industries
Finance, Financial Services, Banking
Funding Stage
-
Social Media

Corporation Bank - Company Profile

Corporation Bank ATM

Founded in 1906, Corporation Bank has been a pioneer in financial innovation and customer convenience in the banking sector. Nationalized in 1980, the bank has continuously adapted to financial sector reforms and achieved significant milestones. Notably, in 1997, it became the second public sector bank to oversubscribe its IPO by 13 times. The bank has also introduced various advanced banking solutions such as Cash Management Services, Gold Banking, m-Commerce, "Online" approvals for educational loans, and has achieved 100% CBS compliance.

Recently, Corporation Bank has focused on leveraging technology to bring banking services to rural areas through low-cost branchless banking using the Business Correspondent model, demonstrating the bank's commitment to providing convenient banking services to all customers. With a rich history of pioneering financial innovation and a strong commitment to customer convenience, Corporation Bank has established itself as a leading player in the finance, financial services, and banking industries.

Taxonomy: banking innovations, customer convenience, financial sector reforms, IPO, technology adoption, rural banking, cash management, gold banking, m-commerce, online approvals, educational loans, CBS compliance, business correspondent model, technology in rural areas, branchless banking

Funding Rounds & Investors of Corporation Bank (0)

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There is no investment information

Latest News of Corporation Bank

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