Corporation Bank, public sector lender, has opened a new branch at Kulur in Mangaluru on November 24, 2014. With this new branch, the bank has now a network of 54 branches and 85 ATMs in the Mangaluru Zone.
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.