The value of the total assets of Corporation Bank at the end of fiscal year 2020 amounted to approximately 2.3 trillion Indian rupees. The asset value at the bank had progressively been lowering each year, indicating a worrisome trend for the bank which has been struggling with bad loans and an inquiry by the Reserve Bank of India.
Founded in 1906, Corporation Bank was one of the oldest banks in India. It is headquartered in Mangaluru and was one of the 19 other nationalized banks in the country. In April 2020, it was merged into Union Bank of India.
Value of total assets of Corporation Bank from financial year 2018 to 2020
(in trillion Indian rupees)
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Indian Banks' Association. (July 19, 2021). Value of total assets of Corporation Bank from financial year 2018 to 2020 (in trillion Indian rupees) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1064283/india-corporation-bank-of-india-total-assets/
Indian Banks' Association. "Value of total assets of Corporation Bank from financial year 2018 to 2020 (in trillion Indian rupees)." Chart. July 19, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1064283/india-corporation-bank-of-india-total-assets/
Indian Banks' Association. (2021). Value of total assets of Corporation Bank from financial year 2018 to 2020 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1064283/india-corporation-bank-of-india-total-assets/
Indian Banks' Association. "Value of Total Assets of Corporation Bank from Financial Year 2018 to 2020 (in Trillion Indian Rupees)." Statista, Statista Inc., 19 Jul 2021, https://www.statista.com/statistics/1064283/india-corporation-bank-of-india-total-assets/
Indian Banks' Association, Value of total assets of Corporation Bank from financial year 2018 to 2020 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1064283/india-corporation-bank-of-india-total-assets/ (last visited November 23, 2024)
Value of total assets of Corporation Bank from financial year 2018 to 2020 (in trillion Indian rupees) [Graph], Indian Banks' Association, July 19, 2021. [Online]. Available: https://www.statista.com/statistics/1064283/india-corporation-bank-of-india-total-assets/
