Page-2 of Canara Bank

Merger of the 10 Public Sector Banks

In a slew of measures announced by the Finance Minister of India, Nirmala Sitharaman on 30th August, 2019, to take the country out of economic doldrums, one particular step of the government has stood out. This was the planned merger ..

T N Manoharan RBI committee for secondary market in corporate loans

The Reserve Bank of India (RBI) has constituted a six-member task force, headed by Canara Bank chairman T.N. Manoharan, on the development of secondary market for corporate loans. The terms of reference of the task force would include review of ..

Canara Bank in collaboration with its life insurance partner Canara HSBC OBC Life has launched ‘Webassurance’. This will allow its customers to purchase life insurance in a hassle-free way. Customers can avail 4 life insurance products of Canara HSBC OBC ..

PNB ranked first among public sector banks in implementation of reforms agenda

The BCG-IBA report titled ‘EASE Reforms for Public Sector Banks’ has measured the performance of each Public Sector Bank (PSB) on 140 objective metrics across six themes, including customer responsiveness, credit off-take, and digitization. As per report, the Punjab National ..

EASE Index Report

The BCG-IBA report EASE Reforms for Public Sector Banks measures the performance of each PSB on 140 objective metrics across 6 themes. The 6 themes are: Customer Responsiveness: EASE for customer comfort Responsible Banking: Financial stability, governance for ensuring outcomes, ..

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The Canara Bank launches its first digital banking branch “CANDI” in Bengaluru

The Canara Bank has launched its first digital banking branch “CANDI” at Spencer Towers in MG Road, Bengaluru to provide an end-to-end digital experience to customers. As a part of its digital campaign, the bank has introduced customer-friendly mobile apps ..