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Corporation Bank gains on unveiling two new savings account variants

04 Feb 2013 Evaluate

Corporation Bank is currently trading at Rs 428.55, up by 0.70 points or 0.16% from its previous closing of Rs 427.85 on the BSE.

The scrip opened at Rs 430.00 and has touched a high and low of Rs 431.90 and Rs 421.25 respectively. So far 17672 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 528.45 on 16-Feb-2012 and a 52 week low of Rs 362.05 on 30-Aug-2012.

Last one week high and low of the scrip stood at Rs 468.80 and Rs 425.40 respectively. The current market cap of the company is Rs 6332.53 crore.

The promoters holding in the company stood at 58.52% while Institutions and Non-Institutions held 34.09% and 7.39% respectively.

Corporation Bank has unveiled two new savings account variants - ‘SB Super’ and ‘SB Signature’, at an NRI meet at Dubai on February 02, 2013. For ‘SB Super’ account the customers have to maintain a minimum quarterly average balance (QAB) of Rs 15,000 while for ‘SB Signature’ the QAB should be in tune of Rs 1 lakh.

Both the account comes with a bundled demat and trading account including a waiver of annual maintenance charges for the first year. Besides, free NEFT, SMS banking and 25% concession in bank charges for gold coins are the offers and concessions in service charges which will be received by customers. 

Further, while forwarding loan applications of the respective customer preferential loan processing will be offered by affixing ‘priority’ seal by the branch.

Corp. Bank-Amalgamat Share Price

22.60 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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