Corporation Bank, public sector lender has inaugurated Corp Excel - e-lobbies - at four of its branches in Pune. This initiative has been rolled out at various centres under the business process re-engineering exercise of the bank. There are currently 78 such e-lobbies in India. The bank is planning to open 200 ‘Corp Excel’ branches by December 2015.
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.