Corp bank fetes 3 bank heads

Speaking on the occasion, Corporation Bank Chairman and Managing Director Ramnath Pradeep said Corporation bankers who had started their career in Corporation Bank have earned their names outside the bank. Nair’s career which began in Corporation Bank is an example of what innovation and drive can achieve in public sector banks. In Corporation Bank, he successfully introduced Cash Management Services, which quickly created a market advantage for Corporation Bank. The idea of such felicitation is to have interaction with the colleagues so that they can be inspired to achieve success.  Speaking after accepting felicitation, M V Nair said that Corporation Bank will be in the top position in the near future. Hard work, team work and destiny plays a role in the success of a person.

Corporation Bank had thought about innovations much ahead of time.  “Many felt that public sector banks can not survive when new generation banks came up in the country in 1995. However, we have been able to survive and still hold 72 per cent of market share,” he said and added that the bankers have a challenge with regard to human resource and customer service in the future, which they have to tackle effectively.

K R Kamath said the value system taught by Corporation Bank will remain with Corporation bankers forever in their life. The banks must cater to the new generation customers. “The ever changing banking scenario, particularly, in the next two years, would undergo a sea change in terms of composition of staff, their training and infusion of corporate culture and value in them.” M R Nayak said the skill development is critical to effectively handle the systems and procedures in the banks. He said that ethics in banking is imperative and Corporation Bank continues its thrust on this by inculcating these values amongst the employees.