Public sector lender, Corporation bank has announced expansion plans in the country and has set a target of adding another 200 branches to its network for this fiscal year. Along with the expansion, the bank will also hire about 1,200 employees.
The Chairman and Managing Director of Corporation Bank, Mr. Ramnath Pradeep said "The process [of opening branches] is on. It [the expansion] will be across India, particularly in the northern states."
Apart from the domestic expansion the bank also has plans of opening 4-5 branches in African continent.