Corporation Bank has offered a school bus to Navachethan Educational Trust in Mangalore, as a part of social responsibility. This trust provides free education to students from economically backward families. Other than this, the bank met the cost of construction of an auditorium-cum-hall for extracurricular activities at the school.
The bank has reported 1.2% rise in net profit at Rs 356 crore for the fourth quarter of 2013 against Rs 351.3 crore in corresponding quarter of last fiscal. The total income for the same period grew by 15.6% at Rs 4,635.49 crore against Rs 4009.17 crore corresponding quarter of last fiscal.
