Corporation Bank has enabled transaction based banking through tablet PCs and iPads. With this initiatives prospect of mobile banking is all set to get better in the near future with the advent of smart phones and tablet PCs.
The bank has reported marginal rise of 1.15% in its net profit at Rs 405.71 crore for the quarter as compared to Rs 401.11 crore for the same quarter in the previous year. Total income of the bank has increased by 16.96% at Rs 4070.45 crore for quarter under review as compared to Rs 3480.12 crore for the quarter ended September 30, 2011.