Corporation Bank, public sector lender has reportedly unveiled a year-long campaign for the delivery of agriculture credit and financial inclusion initiatives at all its branches. The purpose of this initiative is to stimulate sustainable development of agricultural systems focused on farming families, community units, self help groups, cooperatives etc working in rural areas. Providing loans to agriculture and allied activities to farming families and assessing their needs comprehensively will be pursued during the camps at the bank’s branches.
Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906. Government of India is the majority shareholder holding 59.82% stake in the bank. As on March 31, 2013, the bank has 1707 branches and 1425 ATMs.