Corporation Bank, public sector lender, has opened a new branch at Bhiwandi in Thane district of Maharashtra. The bank has a vast network in Maharashtra with 43 branches and 50 ATMs covering different parts of the state Chembur, Ghatkopar, Powai, Vikhroli, Bhandup and Mulund areas of Mumbai, and Raigad, Ratnagiri, Nashik and Thane.
Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906. Government of India is the majority shareholder holding 59.82% stake in the bank. Overall, the Bank has a wide network of over 9,000 centres across India, including 2,061 branches, 2,599 ATMs and 4,349 branchless banking units.
