In a bid to expand its business in Jammu and Kashmir, Canara Bank will set up 38 more branches in the state in one and half years. The bank is already operating 13 branches in the state and with the opening of the above branches it will reach 51 branches.
Canara Bank currently has more than 4,500 branches across the country besides Business Units outside the country. The bank is eyeing to increase this number to 6,000 during the next year.
Canara Bank is India’s fifth largest Public Sector bank (PSB) in terms of assets. As on September 30, 2013, it had assets of around Rs 450,200 crore and advances of around Rs 281100 crore. The bank’s strong market position is underpinned by its market share of around 5.0 percent in deposits and 4.8 percent in advances as on September 30, 2013.
Canara Bank currently has more than 4,500 branches across the country besides Business Units outside the country. The bank is eyeing to increase this number to 6,000 during the next year.
Canara Bank is India’s fifth largest Public Sector bank (PSB) in terms of assets. As on September 30, 2013, it had assets of around Rs 450,200 crore and advances of around Rs 281100 crore. The bank’s strong market position is underpinned by its market share of around 5.0 percent in deposits and 4.8 percent in advances as on September 30, 2013.
No comments:
Post a Comment