Canara Bank (BSE: 532483, NSE: CANBK) is an Indian bank headquartered in Bangalore, Karnataka. It was established in 1906, making it one of the oldest banks in the country. As of December 2011, the bank had a network of 3564 branches and 4000 ATMs spread across India. The bank also has offices abroad in London, Hong Kong, Moscow, Shanghai, Doha, and Dubai. Widely known for customer centricity, Canara Bank was founded in 1906 by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, at Mangalore, then a small port in Karnataka. The bank was nationalisated in 1969. In 2006, the bank completed a century of operation in the Indian banking industry. Today, Canara Bank occupies a premier position in the comity of Indian banks with an unbroken record of profits since its inception.
Canara Bank was ranked at 816 in the Forbes Global 2000 list.
Read more about Canara Bank: History, Overseas Subsidiaries, Branches and Offices, Subsidiary Companies, Regional Rural Banks, Development Projects, Major IT Initiative, Founding Principles
Famous quotes containing the word bank:
“The English language is like a broad river on whose bank a few patient anglers are sitting, while, higher up, the stream is being polluted by a string of refuse-barges tipping out their muck.”
—Cyril Connolly (1903–1974)