Bangalore , DEC. 28:
According to the directions of the Union Ministry of Finance’s Department of Financial Services, the Chikmagalur Kodagu Gramin Bank, a regional rural bank (RRB), sponsored by Corporation Bank, was amalgamated with Cauvery Kalpataru Grameena Bank, sponsored by State Bank of Mysore.

In a release to exchanges, Corporation Bank said the amalgamation comes into effect from November 1 vide notification.

source: http://www.TheHinduBusinessLine.com / Home> Industry> Banking / by Hindu’s Bureau / Bangalore, December 28th, 2012