Public sector Bank – Corporation bank has planned to open 500 new branches across the country. In order to increase its banking network, bank has decided to come up with the new branches offering the best banking services to the customers.
Chairman and managing Director of the bank stated that by the end of this fiscal year bank is planning to have 500 more branches. Further at the 17th Annual meeting of the bank in Manglore he also informed that at present bank is having total number of 2,021 branches out of which 314 were established last year only.
The branches will focus more on Micro, Small and medium enterprises, agriculture and more on mobilising CASA deposits.