Corporation Bank informed the Bombay Stock Exchange on Tuesday that its total business had crossed Rs 83,000 crore in the ongoing financial year, growing at 22 per cent on year. | |
| The bank's total deposit grew 24% to over 490 bln rupees and total credit grew 20 per cent to over Rs 34,000 crore. |
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| The bank plans to open 100 domestic branches in calendar 2008, said. "In 2008 we are looking at another 100 (branches). I have already licenses (from Reserve Bank of India) for these 100," Chairman and Managing Director B Sambamurthy said on Wednesday. In calendar 2007, the bank has opened 71 new branches taking the total number to 949. |
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