The Hindu Business Line : `Corporation Bank, a laboratory for innovative banking'

CORPORATION Bank is a laboratory for innovative banking to which the industry looks with great expectations, according to its former Chairman and Managing Director, Mr Cherian Varghese.

Responding to the felicitations at a farewell function arranged in his honour by the bank's executives and staff members on his appointment as the Chairman and Managing Director of Union Bank of India here on Friday, he said, "Corporation Bank is a people-centric bank where everybody enjoys working and that is the secret of its success."

Speaking on the occasion, Mr P.K. Gupta, Executive Director, said that the bank has made significant strides in technology under the leadership of Mr Varghese.

"As a result, the bank is in a position to face the stiff competition in the market with a host of technology-aided services and products," he said.

The bank has improved its reach across the country with a network of 765 branches and 765 ATMs.

Its ATM network, he said, is the second largest among the public sector banks.

More Stories on : Public Sector Banks | Karnataka

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Volumes swell in CBLO market

Rupee slides; bonds rally

Rupee sheds 58 paise; securities buoyant

Zylog to market Singapore firm's banking software

Scheme for Development Officers — Govt not to interfere in LIC's decision

Tata AIG eyes 20 pc market share by `07

General insurance employees to strike work on Dec 21

TMB hikes deposit rates

Oriental Bank chief sees drop in profits on GTB merger

`Corporation Bank, a laboratory for innovative banking'

HC says no simultaneous action under Securitisation Act, DRT

`Merger among PSBs on voluntary basis'

New office-bearers for Canana Bank Union

Chopra takes charge as Corpn Bank CMD