Corporation Bank, public sector lender, has organized Pradhan Mantri Jan Dhan Yojana (PMJDY) mega camp at Vamanjoor in Mangalore on November 22, 2014. The camp was initially to highlight the importance of savings account. Furthermore, the bank is supporting this scheme by opening new savings account in large numbers.
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.
