The Corporation Bank was established in the year 1906 and is considered as one of the well-run banks 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. Today, its good customer service, pre-eminent track record in House Keeping, adherence to Prudential Accounting norms, consistent profitability and adoption of modern technology for betterment of customer service have earned the Bank a place of pride in the Banking Community.

The Bank has been richly endowed with a relatively young, dynamic and efficient manpower, which is the key factor of the Bank’s success. Excellence in performance and uniqueness in customer service form the central core of the Bank’s organisational culture. The growing confidence of its clientele is well reflected in the Bank’s performance in all critical areas of its operations all through the years.

The Bank is a Public Sector Unit with 57.17% of Share Capital held by the Government of India. The Bank came out with its Initial Public Offer (IPO) in October 1997. The Bank’s Net Worth stood at Rs.3,765.45 crore as on 31.03.2007.

Corporation Bank is the first Public Sector Bank to publish the results under US GAAP. The Bank has been publishing the results under the US GAAP since 1998-99. The net profit of the Bank and its subsidiaries under US GAAP for the year 2004-05 stood at Rs. 435.89 crore against consolidated net profit of Rs. 350.69 crore registered under Indian GAAP method

As on 31.03.07, the Bank has a highly dedicated team of 11,880 employees who have made the encouraging performance of the Bank possible by extending exemplary services to its customers. The Bank will continue its endeavours in the development of human capital so as to provide unmatched services to its clientele.

The Bank has better productivity levels than many of its peers in the Public Sector. The details of the manpower position and the productivity is given below

As on 31st March, 2007, the aggregate business of the Bank stood at Rs. 72,306 crore comprising Rs. 42,356 Crore Deposits and Rs.29,950 Crore Advances . With its strategic business focus and innovation, the Bank is striving for better performance in the coming years. The Bank has an ambitious plan to raise its total business level to Rs.1,00,000 crore by March 2009.

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Standard Chartered Bank in India is the largest international banking Group in India. The Combined Balance Sheet (as at March 31, 2001) of SCB India is Rs. 24515.9 cr. and is having a combined customer base of 2.4 million in retail banking and over 1200 corporate customers.

The key businesses of Standard Chartered Bank in India include consumer banking - primarily credit cards, mortgages, personal loans and wealth management - and - wholesale banking, where the Bank specializes in the provision of cash management, trade, finance, treasury and custody services.

Standard Chartered India was the first to issue first global credit card in India, the first to issue Photocard, the first Picture Card and was the first credit card issuer to be awarded the ISO 9002 certification.

History of Standard Chartered Bank

The Chartered Bank opened its first overseas branch in India, at Kolkata, on 12 April 1858. Eight years later the Kolkata agent described the Bank's credit locally as splendid and its business as flourishing, particularly the substantial turnover in rice bills with the leading Arab firms. When The Chartered Bank first established itself in India, Kolkata was the most important commercial city, and was the centre of the jute and indigo trades. With the growth of the cotton trade and the opening of the Suez Canal in 1869, Bombay took over from Kolkata as India's main trade centre. Today the Bank's branches and sub-branches in India are directed and administered from Mumbai (Bombay) with Kolkata remaining an important trading and banking centre.

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Deutche bank is one of the leading banks in the world with an asset base of Euro 964 billion and has a presence in 75 countries. For the last 135 years the bank has offered financial solutions to demanding customers in the world’s most dynamic markets. Today, Deutsche Bank is highly respected all over the world by individuals and corporates alike for its strong advisory approach and innovative banking services.

For the past 27 years, Deutsche Bank has made a mark in India in global markets, investment banking, global equities, asset management, corporate and transaction banking and private wealth management. It has partnered some of the country’s top corporations and leading institutions and our consistent performance and business focus has won us various awards - including:

• The Best Investment Bank in India - by Euromoney in 2007
• Best Debt House in India - by Euromoney in 2007
• Best Cash Management Bank in South Asia - by Triple Asset Asian Awards in 2007
• Best Private Bank in India - by Asiamoney Private Banking Polls in 2007
• Award for Outstanding contribution towards the promotion of Indo-German economic relations - by the Indo-German Chamber of Commerce in 2006

In the 4th quarter of 2005, Deutsche Bank has launched its retail banking services in India with a comprehensive range of high quality-products and services to provide the customer an excellent banking experience. With db Financial Planning - Deutsche Bank’s sophisticated advisory service - customers will be empowered to have a 360° optimization of their finances.

Deutsche Bank is dedicated to excellence and has constantly challenged status quo to deliver superior solutions to its customers.

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