Pallavaram, situated in the Indian state of Tamil Nadu, was originally known as Pallava Puram. It is a residential locality in Chennai. It is known for its bustling residential colonies and cantonments. The Pallavaram railway station serves the neighborhood and it belongs to the Chennai Suburban Railway Network. The historical town of Pallavaram has been resided in since the Paleolithic Age. Pallavaram has derived its name from the Pallava settlement in the area. The cantonment and aerodrome were built during the British rule. The British conducted mining activities on Pallavaram Hill. The hill, made of charnockite rock, presumably possesses healing properties. This city is one of the oldest inhabited regions in South India as many stone age artifacts have been uncovered in the area. The city has more than 2 lakh residents who speak in Tamil. Most of the residents work in various service sectors in the neighboring city of Chennai.
Corporation Bank was started about 111 years ago in 1906, with an initial capital amount of just Rs.5000/-. The bank has recorded Rs. 3,03,185 Crore mark in business, with more than 9900 service outlets across the nation, served by committed and dedicated over 19,000 Corp Bankers. The evidence of its growth can be seen in its financial performance and enviable track record. The prominent reason for bank celebration is empowering the rural and urban population together by being able to participate in nation building. Today, the Corporation Bank is the significant contributor to the growth of the countrys economy. After getting nationalized in 1980, the Corporation Bank evolved and adapted to the financial sector reforms. It became the Second Public Sector Bank in the country to enter capital market, the IPO of which was oversubscribed by more than thirteen times. The Bank took many initiatives in credit services such as Cash Management Services, m-Commerce, " Online " approvals for Educational loans, 100% CBS Compliance and more recently, the bank made an effort in taking the technology to remotest villages through low-cost branchless banking or Business Correspondent model.