Corporation Bank opens counter in Nellore

Mangalore: Corporation Bank has opened another extension counter at the divisional office premises of Life Insurance Corporation (LIC) in Nellore, Andhra Pradesh.

The bank is taking the initiative to open several extension counters and set up ATMs at LIC premises all over India consequent to the strategic alliance entered into with LIC. As per the memorandum of understanding, Corporation Bank can explore the possibility of opening extension counters and ATMs at 2,100 of LICs outfits across the country.