It said the bank has considered SHG lending as one of the focused areas and has encouraged formation and credit linkage of SHG groups. Corporation Bank has bagged two first prizes in the Annual Best Performance Awards for the SHG-Bank linkage Programme for Karnataka for 2015-16 and 2016-17 from NABARD. Mujumdar, General Manager of the bank, received the awards from Karnataka Chief Secretary Subhash Chandra Khuntia at NABARD, Bengaluru. A release from the bank said the awards were in recognition of the overall performance under the SHG-Bank linkage programme among commercial banks operating in Karnataka. Corporation Bank has formed more than 1.32 lakh groups till date while more than 14 lakh families have improved their income levels and standard of living, the release added.
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