Canara Bank
Founded as Canara Bank Hindu Permanent Fund in 1906, by late Sri. Ammembal Subba Rao Pai, a philanthropist, this small seed blossomed into a limited company as Canara Bank Ltd. in 1910 and became Canara Bank in 1969 after nationalization.
"A good bank is not only the financial heart of the community, but also one with an obligation of helping in every possible manner to improve the economic conditions of the common people" - A. Subba Rao Pai.
Read more about this topic: Ammembal Subba Rao Pai
Famous quotes containing the word bank:
“A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
—William Booth (1829–1912)