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Canara Bank. Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai. The bank was nationalized in 1969. Canara Bank also has offices in London, Dubai and New York.
Syndicate Bank was one of the oldest and major commercial banks in India. It was founded by Upendra Ananth Pai, T. M. A. Pai and Vaman Srinivas Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India, was nationalised on 19 July 1969 ...
In the fiscal year 2005-06, Canara Bank became India's second-largest public sector bank in terms of advances and deposits. The bank changed its name to Canara Bank Limited in 1910 when it incorporated. In 2002-03, the bank went in for its Initial Public Offer and raised Rs.110 crores. The India government holds a 73% stake in Canara Bank.
Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 4,594 ₹ 1,518,238 crore (US$190 billion) ₹ 106,155 crore (US$13 billion) ...
Canara HSBC Life Insurance is an Indian life insurance company, headquartered in Gurugram. [5] Established in 2008, Canara HSBC Life Insurance [6] was a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). On 15 June 2022, the company renamed itself as Canara HSBC Life ...
Prabhakar started his career as Chief Risk Officer and GM-Integrated Risk management at Allahabad Bank. He joined Punjab National Bank on 1 March 2018 as the executive director. [5] He became the Managing Director and CEO of Canara Bank from 1 February 2020 and will continue to hold his position till 31 December 2022. [6] [7]
T. N. Manoharan (TNM) hails from Rajakoil village near Gudiyatham, born to a Freedom Fighter and agriculturist T.L.Narayanasamy Chowdhry and Saradammal. He is a post graduate in commerce from Sri Venkateswara University and a Chartered Accountant of four decades of standing. He is also a law graduate from Madras Law College.
The oldest bank in India is The Madras Bank (1843), followed by the Bank of Bengal, founded in 1806, which is then followed by the Bank of Hindustan, founded in 1770. The oldest bank still in operation is the State Bank of India, whose origins can be traced back to the Bank of Calcutta. It was founded in 1806, though the tenth to be founded. [1]