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SUMMARY
Corporation Bank was established in the year 1906
in the comity of Public Sector Banks in the country. The Bank has a unique history of 100 years of successful Banking and has stood the test of time by growing steadily, offering vast, varied and versatile services with a personal touch.
ORGANIZATIONAL CULTURE
Excellence
in performance and uniqueness in customer service form the central core of the Bank's organisational culture Corporation Bank is the first Public Sector Bank to publish the results under US GAAP. As a part of the Bank's centenary celebrations, a number of programmes and projects were planned and executed
As a first step, the Bank has launched the Corp Kissan Card debit card tied up with VISA international,, to enable the farmers make timely purchases for agricultural operations.
ATMs
COMPUTERIZATION OF BANK
Corporation Bank has always viewed technology as a
facilitator of change for strategically aligning its business with the ultimate objective of improving customer service and to offer innovative and cost effective products and services.
Low0costoautomation,Protectionoagainstoobsolesce
nce, innovation in system design and standardization on a single platform have been the strategies adapted by corporation bank .
Continued.
After the back office automation, the bank took up
inter Branch Reconciliation. Elimination of outsourcing entries which took nearly 3 years in 1982-83 was now reduced to 3 months
CORE BANKING
The Core Banking environment offers a totally
different perpective from the business angle when compared to a decentralized environment.
Particular Branch Banking will shift to Any Branch
Banking.
ATMs
The struggle for customer retention is intensifying
as the technological changes enable the use of increasingly user friendly new distribution channels
Any Time and Any where Banking Tie up with VISA , enabling all VISA card holders to
IT has enabled the Bank to offer many customer friendly products and services, such as: Corp convenience Corp elite and corp premium Corp recur Corp payroll Corp companion or Any branch banking facility Corp power Cheq-Multi city Cheque facility
THANK YOU