Corporation Bank has opened its Nellore-Magunta Layout branch at Nellore in Andhra Pradesh on June 22, 2015. Further, the bank has recently opened a branch with ‘e-Lobby’ facility at Gurgaon, New Delhi.
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.