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The Government of India nationalised Canara Bank, along with 13 other major commercial banks in India, on 19 July 1969. Karkala Pulkeri Janardhan Prabhu (KPJ Prabhu) served as chairman of the bank post nationalisation. In 1976, Canara Bank inaugurated its 1000th branch. In 1985, Canara Bank acquired Lakshmi Commercial Bank in a rescue.
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 ...
Anderson Bank Building. / 40.10639°N 85.67972°W / 40.10639; -85.67972. The Anderson Bank Building is a historic bank building located at Anderson, Indiana in the United States. It was built for the Anderson Banking Company in 1927. The bank building is located at 931 Meridan Street. The Anderson Banking Company began business on ...
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.
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Bank name Established Headquarters Branches Sponsor bank Refs Andhra Pradesh: Andhra Pradesh Grameena Vikas Bank: 2006: Warangal, Telangana: 755: State Bank of India: Andhra Pragathi Grameena Bank: 2006: Kadapa, Andhra Pradesh: 552: Canara Bank: Chaitanya Godavari Gramin Bank [52] 2006: Guntur, Andhra Pradesh: 219: Union Bank of India ...
HDFC Bank Limited. HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. [9][10] The Reserve Bank of India (RBI) has identified the HDFC Bank, State Bank of India, and ICICI ...
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC.