#1
19th March 2016, 09:13 AM
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Project Report on corporation bank
Hello sir, I am Rajendra Kumar. I am from Mumbai. I have to make a project report on Corporation Bank and I am looking for some details about the corporation bank. Can you help me?
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#2
19th March 2016, 09:14 AM
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Re: Project Report on corporation bank
As you have to make a project report on Corporation Bank and you are looking for some information about the Corporation Bank, check below for the information Corporation Bank is a public sector banking company. It was formed in the year 1906. It’s headquarter is located in Mangalore, Karnataka, India. Its products are Loans, Credit Cards, Savings, Investment vehicles. The bank has pan-India presence with 8,000 functional units comprising 2200 branches, 1800+ ATMs and 3,000 branchless banking units. The total deposits have grown to 1,99,346 crore (equivalent to 2.0 trillion or US$29 billion in 2016). Total income of the bank reached 21,038.02 crore (equivalent to 210 billion or US$3.1 billion in 2016) during this period. Operating profit of the bank reached 965.37 crore (equivalent to 965 crore or US$140 million in 2016) and net profit 584.26 crore (equivalent to 584 crore or US$86 million in 2016). Operating income Increase 14,510.40 crore (equivalent to 170 billion or US$2.4 billion in 2016) Net income 1,506.04 crore (equivalent to 17 billion or US$250 million in 2016) CRISIL has re-affirmed the following programmes of Corporation Bank: 2 billion Bond issue AA Certificate of Deposits Programme P1+ Fixed Deposit Programme FAAA |
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