Corporation Bank will open e-Lobby at its Elamakkara Branch, in Kochi. The ‘e-Lobby’ has self-service automation kiosks which include Cash Deposit Machines, self-service passbook printer and an ATM. The Bank has so far opened 193 e-lobbies across the country. It has a network of 2,395 branches, 3,027 ATMs and 4,685 branchless banking units across the country.
Corporation Bank is a Mangalore-based mid-sized public sector bank. The bank has reported 17.50% rise in its net profit at Rs 188.60 crore for the quarter ended September 30, 2015 as compared to Rs 160.51 crore for the same quarter in the previous year. The bank’s total income has increased by 3.93% to Rs 5434.65 crore for the quarter under review from Rs 5229.06 crore for the corresponding quarter of the previous year.