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Corporation Bank inks MoU with UTI Infrastructure to issue PAN cards

06 Mar 2014 Evaluate

Corporation Bank has signed a memorandum of understanding (MoU) with UTI Infrastructure Technology & Services for issuing of PAN cards. The bank will issue PAN cards through its select 55 branches.

Further, the bank is focused on offering value-added and innovative products and services to its clients and the tie-up with UTIITSL would enable it to provide the facility to obtain PAN cards with ease.

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.

Peers
Company Name CMP
State Bank Of India 961.70
PNB 116.10
Bank Of Baroda 230.00
Canara Bank 118.60
Union Bank Of India 172.00
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