Corporation Bank business rises by 32%
April 5th, 2008 | by admin |Mumbai, April 3: Public sector lender Corporation Bank on Thursday posted 32 per cent rise in total business at Rs 95,000 crore (as per the provisional figure) for the year ended March 31, compared to Rs 72,000 crore last year.
“Buoyed by the strong growth, the bank is now advancing the earlier projected target date for crossing the milestone goal of Rs 1 lakh crore of business from March 2009, to the middle of the year, Corporation Bank said in a statement to the Bombay Stock Exchange.
Share of the Mangalore-based bank were trading at Rs 283.55, up 0.48 per cent on the BSE in afternoon trade.
