Corporation Bank Plans Stock Offer for Employees

New Delhi: Following the market leader SBI, Corporation Bank is planning to offer shares to its employees at a discount, a move that would help them reward staff and raise capital. "We are planning Employees Stock Purchase Scheme (ESPS) for our employees at discount," Corporation Bank chairman and managing director S R Bansal told PTI. He, however, refused to share further information saying various approvals are being sought. The...