Corporation Bank Telangana IFSC code, MICR code, Address
Corporation Bank branch details in Telangana
Last Updated 28th Mar 2017
Corporation Bank has 76 branches in Telangana spread over 10 districts of Adilabad, Hyderabad, Karimnagar, Khammam, Mahbubnagar, Medak, Nalgonda, Nizamabad, Ranga Reddy, Warangal.
Hyderabad district, with 34 branches has the largest number of Corporation Bank branches in Telangana followed by Ranga Reddy district with 10 branches and Nalgonda district with 9.
District wise distribution of Corporation Bank branches in Telangana is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
Corporation Bank has received Best MSME Bank award 2016. The award was instituted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) at SMEs Excellence Award 2016 held at New Delhi on 6th December, 2016. Banks in this category were evaluated on the basis of growth, technology, innovation, CSR activity, targets and quality in MSME sector.
As per Q1 FY17 results, Corporation Bank has registered a drop of 82.41 per cent in net profit to Rs. 35.92 crore in the June quarter of FY17 from Rs. 204.26 crore in the corresponding period of previous fiscal. The gross and net NPAs as a percentage stood at 11.52 per cent and at 7.22 per cent, respectively, during the June quarter of FY17. The net interest income of Corporation Bank stood at Rs. 1031.16 crore in the June quarter of FY17 from Rs. 1080.72 crore in the same period of previous fiscal.
Corporation Bank has launched two new term deposit schemes, namely super gain plus and power plus which offer higher rate of interest to depositors
*My Finance Care Advisors Pvt. Ltd., or https://www.myloancare.in is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at email@example.com to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.