Corporation Bank Review

Hii sir, I Will you Please tell Me About the Rating of the Corporation Bank Also tell me About the Awards Won by the bank ?

[pawan]

Corporation Bank is a public-sector banking company headquartered in Mangalore, India. The bank has a pan-Indian presence. Presently, the bank has a network of 2,440 fully automated CBS branches, 3,040 ATMs, and 4,724 branchless banking units across the country. The bank has representative offices in Dubai and Hong Kong.

Rating

RATING: CARE CRISIL
Tier I Perpetual Bonds CARE AA+ CRISIL AA+/Negative
Upper Tier-II Bonds CARE AA+ CRISIL AA+/Negative
Lower Tier-II Bonds CARE AAA CRISIL AAA/Negative

Awards

The Bank bagged the Best MSME Bank Award 2016 instituted by The Associated Chambers of Commerce & Industry of India (ASSOCHAM).

The Bank has bagged Excellence Award on Empowering MSMEs 2016
The Bank has bagged SKOCH Achiever Award - 2016 for National SME enablement.

The Bank bagged ten awards from NABARD for Best Performance under Self Help Group (SHG)/Joint Liability Group (JLG) Bank Linkage Programme in Karnataka state for the F.Y. 2013-14 & 2014-15.

The Bank has bagged MSME Banking Excellence Awards 2015 instituted by Chamber of Indian Micro Small & Medium Enterprises [CIMSME].

The Bank has won under the categories Best MSME Bank Award for Mid-Sized Bank - Winner, CSR & Business Responsibility Award for Mid-Sized Bank- Runner Up and Best Bank Award under MUDRA Yojna for Mid-Sized Bank- Runner Up.

The Bank has bagged Best Social Bank Award-Winner, Best Rural Bank Award-Winner and Best Bank for participation in Govt. Schemes Award-Winner under mid-sized category.