The Indian city of Sirsa is also a municipal council in the eponymous district in Haryana. Sirsa lies in the westernmost region of the state, bordering Punjab and Rajasthan. The history of Sirsa dates back to the time of the Mahabharata. River Sarasvati used to flow through this area at one point in time. Sirsas ancient name was Sairishaka. Many believe that the name got modified over time and eventually became "Sirsa." Another popular belief attributes the derivation of name to the abundance of the Siris (Benth) trees in the surrounding area. Sirsa is one of Indias 250 backward districts and the Backward Regions Grant Fund Programme is currently supporting the city with funds. The city has an air base of the Indian Air Force called sirsa Air Force Station.
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.