MoneyWorks4Me

Corporation Bank to open 20 new branches in Bihar and Jharkhand

07 Sep 2013 Evaluate

Corporation Bank is planning to introduce 20 new branches in Bihar and Jharkhand. It has opened a new branch at Phulwari Sharif and Maner in Patna district of Bihar on September 6, 2013. The bank has also opened its new branch at Bhaktiyarpur on August 31.

The bank has reported a rise of 2.09% in its net profit at Rs 377.98 crore for the first quarter ended June 30, 2013, as compared to Rs 370.26 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 21.98% to Rs 4852.69 crore for the quarter under review as compared to Rs 3978.24 crore for the quarter ended June 30, 2012.

Peers
Company Name CMP
State Bank Of India 959.10
PNB 113.40
Bank Of Baroda 228.60
Canara Bank 121.00
Union Bank Of India 172.75
View more..