16 Lakh Crore and Bank has recorded a Net Profit of Rs. 10 Lakh Crore.Īmalgamation of erstwhile Syndicate Bank with Canara Bank, thus creating the country’s fourth largest Bank with a strong network of 10391 domestic branches, 13423 ATMs.ĭomestic Business of Canara Bank crossed Rs. Global Business of the Bank crossed 10 lakh crore, Bank issued 2 core new equity shares to employees under Canara Bank Employee Share Purchase scheme (CanBank-ESPS).ĭomestic Business of Canara Bank crossed Rs. Global Business of the Bank crossed Rs.9 lakh crore. The Bank’s 8th foreign branch at DIFC (Dubai) opened.īranch network crossed 6000 milestones.Total number branches rose to 6083.Canara Bank (Tanzania) Ltd., a foreign subsidiary, opened. Global Business of the Bank crossed Rs.8 lakh crore. Branch Network and Atms increased to 4755 branches and 6312 ATMs. Switchover to Basel III New Capital Adequacy Framework. Global business crossed the Rs.7 lakh crore milestone. Highest Dividend of 130% paid for the yearġ027 branches and 2786 ATMs opened during the year. The Bank’s 5th foreign branch at Manama, Bahrain opened. The Bank’s 4th foreign branch at Leicester and a Representative office at Sharjah, UAE, opened. 100% coverage under Core Banking Solution. The Bank’s aggregate business crossed Rs. The Bank’s branch network crossed the 3000 mark. The Bank’s 3rd foreign branch at Shanghai commissioned. Switchover to Basel II New Capital Adequacy Framework. just noticed that the TheSyndicateProject channel lost more than 110 000 sub today. Incorporation of Insurance and Asset Management JVs. Signed MoUs for Commissioning Two JVs in Insurance and Asset Management with international majors viz., HSBC (Asia Pacific) Holding and Robeco Groep N.V respectively. Retained Number One Position in Aggregate Business among Nationalized Banks. Number One Position in Aggregate Business among Nationalized Banks. Launched Core Banking Solution in select branches. Opened a 'Mahila Banking Branch', first of its kind at Bangalore, for catering exclusively to the financial requirements of women clientele.Įntered 100th Year in Banking Service. Takeover of Lakshmi Commercial Bank Limited and Commissioning of Indo Hong Kong International Finance Limited (now a full fledged branch)Ĭanbank Mutual Fund & Canfin Homes launchedĬanbank Factors Limited, the factoring subsidiary launchedīecame the first Bank to articulate and adopt the directive principles of “Good Banking”.īecame the first Bank to be conferred with ISO 9002 certification for one of its branches in Bangalore Overseas branch at London inaugurated, Cancard (the Bank’s credit card) launched 50/- each, with 4 employees.Ĭanara Hindu Permanent Fund renamed as Canara Bank Limitedġ4 major banks in the country, including Canara Bank, nationalized on July 19 formally registered with a capital of 2000 shares of Rs. Sustainable Development and Corporate Social Responsibility (SD-CSR)Ĭanara Hindu Permanent Fund Ltd.Download TDS Certificate for payment of Dividend FY 2021-22.Appeal to Physical Shareholders of Canara Bank.ONLINE SUBMISSION OF 15G/15H APPLICATION.
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