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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 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 ...
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 ...
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.
Term. January 2020 – 31st December 2022. Predecessor. R A Shankara Narayanan. Successor. K. Satyanarayana Raju. Lingam Venkata Prabhakar is an Indian businessman. He was the Managing Director and CEO of Canara Bank. He was the former executive director of Punjab National Bank. [1][2][3]
Sayajirao Gaekwad III, the founder of Bank of Baroda Bank of Baroda International Banking Branch at MG Road, Bengaluru formerly Vijaya Bank Head Office. In 1908, Sayajirao Gaekwad III, set up the Bank of Baroda (BoB), [10] with other stalwarts of industry such as Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Lallubhai Samaldas, Tulsidas Kilachand and NM Chokshi. [11]
Karnataka Vikas Grameena Bank. The Karnataka Vikas Grameena Bank (KVGB), an Indian Regional Rural Bank sponsored by Canara Bank. It is under the ownership of Ministry of Finance , Government of India. The bank provides retail banking services to rural users and has 629 branches in areas of Karnataka, around North and Western Karnataka.
State Co-operative Banks (SCBs) There are 33 state co-operative banks in India. The Andaman and Nicobar State Co-operative Bank Ltd. The Andhra Pradesh State Co-operative Bank Ltd. The Arunachal Pradesh State co-operative Apex Bank Ltd. The Assam Co-operative Apex Bank Ltd. The Bihar State Co-operative Bank Ltd.