Mangaluru, June 05, 2018: Corporation Bank has been conferred ‘Investor Relations Awards 2018’ under ‘Best Expectation Management (Mid Cap)’ category for the financial year 2017-18.
U Chandrakanth Nayak, general manager, Corporation Bank, received the award on behalf of the Bank from the hands of Ghanshyam Das, senior advisor for KPMG and NASDAQ OMX, and Harsh Upadhyaya, vice president, Kotak, equities at the award ceremony.
The Investor Relations Awards, instituted by the Investor Relations Society India, has been recognising companies in IR space since 2012, with an aim to advance awareness and encourage leading practices within IR community. The awards comprise six categories across large and mid-cap corporates to encourage and reward companies for their excellence in investor relations.
Corporation Bank was selected for the award based on the average of Quarterly Net Deviation between the reported and the adjusted EPS for the last 4 quarters.
Corporation Bank is the first public sector bank to receive the top award from the Investor Relations Society since its inception in the year 2012.