Canara Bank PO - SPLessons

Canara Bank Introduction

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Canara Bank Introduction

shape Introduction

Canara Bank (CNRB), one of the largest public sector banks, owned by the Government of India has its headquarters located Bengaluru. Established in Mangalore in 1906 by Ammembal Subba Rao Pai, it is one of the oldest public sector banks in the country. The government nationalized the bank in 1969. As of 30 October 2017, the bank had a network of 6639 branches and more than 10600 ATMs spread across India. The bank also has offices abroad in London, Hong Kong, Moscow, Shanghai, Doha, Bahrain, South Africa, Dubai, Tanzania and New York.

shape Branches

Canara Bank (CNRB) established its international division in 1976. In 1983, CNRB opened its first overseas office, a branch in London. Two years later, CNRB established a subsidiary in Hong Kong, Indo Hong Kong International Finance.
In 2008-2009, CNRB opened its third foreign operation, this one a branch in Shanghai. Later the Bank established a branch each in Leicester and Bahrain, and converted its Hong Kong subsidiary into a branch. It also has a representative office in Sharjah.
Together with State Bank of India, Canara Bank established a joint venture in Moscow, Commercial Bank of India LLC.
CNRB provides the general manager and the branch managers for Al Razouki Intl Exchange Co (LLC), which a number of business leaders and non-resident Indians (NRIs) established in 1981 in the United Arab Emirates to facilitate remittances to India by tourists and NRIs.
Since 1983, Canara Bank has been responsible for the management of Eastern Exchange Co. WLL, Doha, Qatar, which Abdul Rahman M.M. Al Muftah established in 1979. Canara Bank opened its seventh overseas branch in New York, United States on 10 June 2014.

shape RRB's

Canara Bank sponsors two regional rural banks (RRB):
  • Kerala Gramin Bank – It is the largest RRB in India. Its headquarters are at Malappuram and it operates in all districts in Kerala. It was established in 1976 as a Scheduled Commercial Bank.
  • Pragathi Krishna Gramin Bank has its headquarters at Bellary, Karnataka, and has 645 branches spread over eleven districts.
Canara bank is a state level lead bank in Kerala.

shape Awards

Awards/Accolades received during 2017-18 (until February 2018).
S.No. Award
1 Best CIO of the Year "by Computer Society of India for "CANDI" an ambitious digital banking project of the Bank in the "IT Innovation & Excellence Awards2017"
2 Skoch Smart Security awards 2017 for “SIEM” tool.
3 Dun and BradStreet Award for 2016-17 adjudging as Best Public Sector Bank –Priority Sector Lending Bank.
4 Certificate of Excellence for exemplary leadership in promoting RSETIs(Rural Self Employment Training Institutes) and Certificate of Excellence for RUDSETI (RURAL DEVELOPMENT AND SELF EMPLOYMENT TRAINING INSTITUTE) for Financial Year 2015 & FY 2016.
5 Canara Bank - List of all Awards

shape Recruitment

Canara bank regularly conducts exams and interviews for different posts including Probationary Officer, Clerk, Specialist Officers and among several others. Interested candidates who would like to pursue a career with Canara Bank are strongly advised to learn the different posts offered by the bank by visiting the official website mentioned below. Canara Bank recruitment is primarily categorized as below:
  • Clerk Recruitment
  • Probationary Officer Recruitment/Management trainee Recruitment
  • Specialist Officer Recruitment