Corporation Bank plans expansion

Corporation Bank plans to expand its presence across the country rapidly, according to its CMD Ajai Kumar. To expand branch network in northern and western parts, especially in Gujarat, Rajasthan, Punjab and Haryana, 12 new zonal offices were opened recently, he said. Circle Office concept being introduced by the bank will hasten the decision making process. The bank proposes to open SME loan centres across the country and first such centre will be opened in Pune soon.