:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

CORPORATION BANK LOOKING AT BIG-SCALE BRANCH EXPANSION

Mr. J.M. Garg, Chairman and Managing Director, Corporation Bank told Business Line that the bank is planning to open around 700 branches during the next five years. Corporation Bank at present has 1094 branches in the country. Most of the new branches would be opened in tier-3 to tier-6 centres of northern, eastern and western parts of the country.

Mr. Gard said that bank wanted to increase the share of CASA deposits by opening branches in tier-3 to tier-6 centres. It will also help the bank in getting licences from the RBI for opening branches in metro and urban centres where it does not have a presence.

The bank is also planning to upgrade its representative office in Hong Kong into a branch. Bank has another representative office at Dubai.

Source: http://www.blonnet.com/2009/12/24/stories/2009122452060600.htm

Posted by C.B.O.A., A.P.

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