Bank wins IDBRT award
4 April 2002
has won the ‘Best Bank’ award for excellence in banking
technology from IDBRT, Hyderabad, for the year 2000-2001.
part of its ‘information technology initiatives,’ the bank has
just put in place a web of 101 inter-connected Corp Bank ATMs from
Amritsar to Thiruvananthapuram. According to a press release
issued here, the bank has launched CorpSmart (a ‘combi-card’
combining an electronic purse and ATM card) and inaugurated
CorpNet (an Internet-banking facility for individual customers).
Apart from enabling
customers of Corporation Bank to transact business through the
inter-connected ATM network in any part of the country, the
facility also allows customers of other banks that are connected
to the SPNS network to withdraw cash from Corporation Bank ATMs.
Among the other ‘tech-savvy’
initiatives are CorpFast and CorpClassic.
CorpDial is a telebanking facility, while CorpReach provides
access to accounts from a computer terminal.
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