Corporation Bank enters into MOU with CRISIL

Corporation Bank has announced that the Bank has entered into Memorandum of Understanding (MOU) with CRISIL Ltd for Rating of Small & Medium Enterprises (SMEs), Small Scale Industries (SSIs) and Facility Rating of corporates as required under BASEL II. The said MOU was signed on September 27, 2007.

The Corporation Bank stock closed the day at Rs.395.20, up by Rs.4.95 or 1.27%. The stock hit an intraday high of Rs.404.80 and low of Rs.380.

The total traded quantity was 38516 compared to 2 week average of 20427.

Source : Equity Bulls

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