Canara Bank - Company Profile
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Canara Bank (Canara) is a provider of retail and corporate banking products and related financial solutions. Its retail offering comprises savings accounts, time deposits, auto loans, home loans, personal loans, consumer loans, gold loans, education loans, debit cards, credit cards, travel currency cards, mutual funds and bancassurance products. The bank’s corporate portfolio consists of syndication services, corporate advisory services, project appraisals, capital market-related services, attorney services and cash management services. Canara also provides MSME banking solutions, including general, cluster-specific and subsidy related schemes, export advance, and non-fund based facilities; and NRI banking solutions. The bank has an operational presence in India, the UK, the US, the UAE, and Tanzania. Canara is headquartered in Bangalore, Karnataka, India.
Headquarters
India
Address
Head Office No.112, J C Road, Bangalore, Karnataka, 560002
Website
canarabank.com
Telephone
91 80 22100250
No of Employees
84,978
Industry
Financial Services
Ticker Symbol & Exchange
CANBK (NSE)
Revenue (2022)
$14.2B
18%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
83.8%
(2022 vs 2021)
Market Cap*
$12.7B
Net Profit Margin (2022)
XYZ
55.7%
(2022 vs 2021)
* As of and is in US$
Canara Bank premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | Internet Banking |
| Savings | NRI Banking |
| Fixed Deposits | Advisory Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company launched a series of new products and services. |
| 2024 | New Products/Services | In April, the company launched a Canara Angel savings account for women. |
| 2023 | New Products/Services | In November, the bank launched new products and services for customers, including Corporate AI1, a WhatsApp banking channel, and Canara UPI 123 Pay. |
Competitor Comparison
| Key Parameters | Canara Bank | Punjab National Bank | Union Bank of India | Bank of India | Indian Bank |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Bangalore | New Delhi | Mumbai | Mumbai | Chennai |
| State/Province | Karnataka | Maharashtra | Maharashtra | Maharashtra | Tamil Nadu |
| No. of Employees | 84,978 | 104,118 | 75,594 | 45,613 | 40,781 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| K Satyanarayana Raju | Chief Executive Officer; Managing Director | Executive Board | 2023 | - |
| S K Majumdar | Group Chief Financial Officer | Senior Management | 2023 | - |
| Vishal Bhatia | Chief Digital Officer | Senior Management | 2023 | - |
| Vijay Srirangam | Chairman | Non Executive Board | 2022 | - |
| Debashish Mukherjee | Director | Executive Board | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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