Corporation Bank: total assets 2020

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)

Characteristic	Value in trillion Indian rupees
FY 2020	2.3
FY 2019	2.14
FY 2018	2.22

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Release date

July 2021

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Region

India

Survey time period

FY 2018 to FY 2020

Supplementary notes

Values have been rounded.

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

One Indian rupee is equal to 0.012 euros and 0.013 U.S. dollars (as of September 2020).

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