Chairman and Managing Director of Corporation Bank SR Bansal, for the first time visited the Ranchi branch. He interacted with the customers and bank staffs and inquired about the progress of the new scheme and services being extended by the corporation bank. He also inaugurated the renovated Ranchi branch and onsite ATM.
While addressing the staff members, Bansal stated, “The Bank had firmed up its plans to expand its network in Bihar and Jharkhand and is planning to open as many as 40 new branches in the Zone during the current fiscal year.” He also advised the Branch Mangers and Staffs to lend to the progressive farmers of Bihar and Jharkhand states as there is huge potential of agriculture business in these two states. In this endeavor the Bank has recently opened its fifteen new branches in these two states.
However, Bihar, being agro-based State with immense potential for Agricultural lending, the Bank is focusing on expanding its network in rural and semi-urban areas to accelerate agriculture lending in the State. Bank is regularly organizing Krishi Utsav Campaigns to give a boost to agriculture lending across various branches in the State.
Interestingly, the Bank recently celebrated its 109th Foundation Day on March 12. On the occasion, Bansal declared open 109 branches and 109 ATMs of the Bank, launched “e-Passbook” and “Corp Global Card - a Pre-paid Forex Travel Card” and carried out CSR activities for the underprivileged.
Recently, Corporation Bank has bagged first and second prize under National Award for Excellence in MSE lending and lending to Micro Enterprises, respectively for the year 2012-13, by the National Committee under the Ministry of MSME.