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Corporation Bank unveils ‘Corp Bullion Plus’ scheme for selling gold

27 Aug 2015 Evaluate

Corporation Bank, a public sector lender has unveiled the ‘Corp Bullion Plus’ scheme for selling gold. Under this scheme, the gold will be sold to jewellery traders and manufactures at market-driven prices for both domestic and export purposes.

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.

Peers
Company Name CMP
State Bank Of India 961.70
PNB 116.10
Bank Of Baroda 230.00
Canara Bank 118.60
Union Bank Of India 172.00
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