Canara Bank has opened a branch in Johannesburg, South Africa as part of its global expansion plans, according to a media report. The bank has 4,750 branches across India, besides a presence in London, Hong Kong, Shanghai, Bahrain and Moscow, the report added. The bank added 1,027 branches last year across India. It is planning to open another 1,200 branches this year. The bank there are plans to go into Tanzania and Mozambique in Southern Africa as well as Germany, Dubai, Mexico, Australia and New Zealand.
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