Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur[1][2]
Defunct
1 April 2020 (2020-04-01)
Fate
Merged with Union Bank of India
Successor
Union Bank of India
Headquarters
Mangalore, Karnataka, India
Area served
India
Key people
P. V. Bharathi (MD & CEO)[3]
Products
Online banking
Retail banking
Corporate banking
Finance and insurance
Investment banking
Mortgage loans
Private banking
Private equity
Savings
Securities
Asset management
Wealth management
Credit cards
Revenue
₹17,494.70 crore (US$2.2 billion)(2019) [4]
Operating income
₹3,894.46 crore (US$490 million) (2019)[4]
Net income
₹−6,332.98 crore (US$−790 million) (2019)[4]
Total assets
₹213,577.85 crore (US$27 billion) (2019)[4]
Owner
Government of India
Number of employees
18,935 (March 2019) [4]
Capital ratio
12.30% (2019)[4]
Website
www.corpbank.com
Corporation Bank[5] was a public-sector banking company headquartered in Mangalore, India. The bank had a pan-Indian presence. Presently, the bank has a network of 2,432 fully automated CBS branches, 3,040 ATMs, and 4,724 branchless banking units across the country.[6] In 2019, finance minister Nirmala Sitharaman announced that Corporation Bank and Andhra Bank would be merged into the Union Bank of India, with all their branches becoming branches of the latter on 1 April 2020.
^"Brief Life Story, Haji Abdullah Haji Kasim Saheb Bahadur". Archived from the original on 10 April 2019. Retrieved 10 April 2019.
^Corporation Bank founder Haji Abdullah.
^"PV Bharathi assumes charge as Corp Bank MD". thehindubusinessline. 3 February 2019. Retrieved 5 February 2019. She will remain in the post till March 31, 2020, the date of her superannuation.
^ abcdef"Annual Report: 2018–19" (PDF). Corporation Bank. Archived from the original (PDF) on 10 August 2019. Retrieved 10 August 2019.
^"A banker erased from memory". Deccan Herald. 25 February 2011. Retrieved 10 April 2019.
^Market, Capital (23 December 2017). "Board of Corporation Bank approves raising of capital". Business Standard India. Retrieved 29 December 2017.
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Global Information
₹17,494.70 crore (US$2.2 billion)(2019) [4]