Corporation Bank, a public sector lender is planning to open two new branches in addition to the existing three branches and five new ATMs, to double the number of ATMs, in Tirupur. The bank is also planning to add e-lobby in the main branch in Tirupur.
Meanwhile, the company had recently launched 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.