Canara Bank, a leading nationalized bank has opened 109 new branches and an equal number of ATMs on the occasion of Founders’ Day on November 19, 2014. The bank has completed 109 years of its successful banking. The bank wants to further enhance its banking, deliver faster products and offer better banking services to the customers.
Over the years, the bank has been scaling up its market position to emerge as a major 'Financial Conglomerate' with as many as nine subsidiaries/sponsored institutions/joint ventures in India and abroad. In the current fiscal, the bank had opened 875 branches, taking the total number to 5,632, including seven in overseas locations. The bank opened 1,188 ATMs during the year taking the total to 7,500.
The Bank has gone through the various phases of its growth trajectory over hundred years of its existence. Growth of Canara Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national level player in terms of geographical reach and clientele segments.
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