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Notable work. Canara Bank founder. Ammembal Subba Rao Pai (19 November 1852 – 25 July 1909) was a leading lawyer of Mangalore, India. He was the founder of Canara Bank, now one of India's leading banks, and Canara High School in Mangalore. Though he was a lawyer and a banker by profession, he was an educationist and social reformer by ...
13.36%. Website. canarabank.com. Footnotes / references. [2] 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.
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [ 31 ] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to ...
Pandyan Bank was a private sector bank that S.N.K. Sundaram established at Madurai, Tamil Nadu, on 11 December 1946. [1] In 1963 Canara Bank acquired Pandyan Bank. The bank introduced innovations such as plastic pouches for savings bank pass-books. More importantly, it created an all-women's branch at Town Hall Road in Madurai in 1947, staffed ...
Syndicate Bank was one of the oldest 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, by ...
Saletore was a polyglot. His works spanning several books and hundreds of articles cover a wide range of subjects including ancient Indian history. During his early years he was guided by world-famous historians like H. Heras and L.D. Barnett. In the 1930s, he wrote a well-known book Social and Political Life in the Vijayanagara Empire, a book ...
Padma Shri (1972) Tonse Madhava Ananth Pai (30 April 1898 – 29 May 1979), was an Indian physician, educationist, banker and philanthropist, most well-known for building the university town of Manipal, India. He was the first to start a private, self-financing medical college offering MBBS in India. Pai established the Kasturba Medical College ...
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. [5] In 2002-03, the bank went in for its Initial Public Offer and raised Rs.110 crores. [2] The India government holds a 73% stake in Canara Bank.