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Canara Bank: Canara Bank is the third largest nationalised bank in India. It is under the ownership of the Ministry of Finance, government of India. It is headquartered in Bangalore.
While SBI towers over its PSU and private peers thanks to its immense asset base and presence, Bank of Baroda and Canara Bank delivered comparable or even better improvements across key...
- Rounak Jain
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Canara Bank has received the prestigious the “Banker’s Bank of the Year Award 2022” for the India segment at the Global Banking Summit, held in London, on 1st December 2022. Canara Bank has been ranked 1 st under the Digital Payment performance as on 31.03.2022 (i.e. FY 2021-22) by Ministry of Electronics & Information Technology (MeitY ...
In 1976, Canara Bank inaugurated its 1000th branch. In 1985, Canara Bank acquired Lakshmi Commercial Bank in a rescue. In 1996, Canara Bank became the first Indian Bank to get ISO certification for "Total Branch Banking" for its Seshadripuram branch in Bangalore. Canara Bank has now stopped opting for ISO certification of branches.
6 hours ago · "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". These insightful words of our founder continue to resonate even today in serving the society with a purpose.
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Apr 25, 2024 · State Support-Driven IDR: Canara Bank's Long-Term Issuer Default Rating (IDR) and Government Support Rating (GSR) are at the same level as India's sovereign rating (BBB-/Stable), reflecting our view of a high probability of extraordinary state support for the bank, if required.
