At the annual general meeting of Corporation Bank on Monday, shareholders approved dividend payment of Rs.1.4 per share of Rs.2 each for the financial year 2014-15.
Addressing the meeting, Bank Chairman and Managing Director S.R. Bansal said the year passed by was a challenging one as the banking industry was passing through a difficult phase. Still, the bank had done fairly well in achieving healthy growth in business, revenues and customer-base.