Date:29/12/2006 URL: http://www.thehindubusinessline.com/2006/12/29/stories/2006122904350600.htm

Back Corp Bank bags excellence award

Our Bureau

Mangalore, Dec. 28

Corporation Bank has been awarded the `Niryat Bandhu' excellence award, instituted by the Federation of Indian Export Organisations (FIEO). The award is to given to banks/export promotion councils for support services rendered to the exporters.

Mr B. Sambamurthy, Chairman and Managing Director of the bank, received the award from Mr Kamal Nath, Union Minister for Commerce, in New Delhi recently. The bank's export credit stood at Rs 2,160 crore as on September 30. On year-on-year basis, it registered a growth of 51 per cent, the release added.