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2 days ago · Welcome to Canara Bank, an Ideal destination for Personal Banking needs! We offer a wide range of banking services like a savings account, FD, debit card, loan, and many more that helps you meet personal financial needs.
On 30 August 2019, Finance Minister Nirmala Sitharaman announced that Syndicate Bank would be merged with Canara Bank. The proposed merger would create the fourth largest public sector bank in the country with assets of ₹ 15.20 lakh crore (US$190 billion) and 10,324 branches.
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Mar 28, 2020 · Press Releases. The Amalgamation of Syndicate Bank into Canara Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Syndicate Bank into Canara Bank in terms of section 9 of the Banking Companies ...
Oct 15, 2019 · The Indian government plans to consolidate 10 state-owned lenders into four bigger banks, including the merger of Canara Bank and Syndicate Bank. The merged entity will have total assets of about 10.248 trillion rupees and total net loan of about 6.332 trillion rupees.
Aug 30, 2019 · Finance Minister Nirmala Sitharaman announced the merger of Canara Bank and Syndicate Bank to form the fourth largest public-sector bank with Rs 15.2 lakh crore business. The merger will result in cost reduction, network expansion and more income opportunities for the banks.
Learn about the origins, milestones and achievements of Syndicate Bank, one of the oldest public sector banks in India. Find out how the bank evolved from a regional bank to a nationalised bank and introduced various schemes and services for different customers.
Sep 13, 2019 · Canara Bank board has given in-principle approval to its merger with Syndicate Bank, as advised by the government. The combined entity will be the fourth largest public-sector bank with business of Rs 15.2 lakh crore.
