Canara Bank - Company Profile
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Canara Bank (Canara) is a provider of a wide range of banking services to various customer segments. The bank's main activities include offering personal and corporate banking services, investment opportunities, and digital banking solutions. Its major products and services encompass savings and current accounts, term deposits, loans, mutual funds, and insurance products. The bank serves a diverse customer base, including corporates, small and medium enterprises, salaried individuals, senior citizens, farmers, and non-resident Indians, across multiple industries. Canara Bank operates through an extensive network of branches and ATMs, with international branches in London, New York, and Dubai, and a subsidiary in Tanzania. Canara is headquartered in Bengaluru, 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
81,260
Industry
Financial Services
Ticker Symbol & Exchange
CANBK (NSE)
Revenue (2024)
$18.2B
9.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
14.8%
(2024 vs 2023)
Market Cap*
$12.1B
Net Profit Margin (2024)
XYZ
4.6%
(2024 vs 2023)
* As of and is in US$
Canara Bank premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | Internet Banking |
| Savings Account | Advisory Services |
| Fixed Deposits | NRI Banking |
| 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 |
|---|---|---|
| 2025 | New Products/Services | In December, the bank introduced Canara ai1Pe, a dedicated UPI app. |
| 2025 | Contracts/Agreements | In November, the bank signed a memorandum of understanding with MOIL for the implementation of a corporate salary package for permanent and contractual employees. |
| 2025 | New Products/Services | In May, the bank introduced CANARA TruEdge, a specialized and feature-rich suite of Current and Savings Accounts. |
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 | Delhi | Maharashtra | Maharashtra | Tamil Nadu |
| No. of Employees | 81,260 | 102,746 | 73,945 | 50,564 | 40,071 |
| 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; Director | Executive Board | 2023 | - |
| S K Majumdar | Director | Executive Board | 2025 | - |
| Vishal Bhatia | Chief Digital Officer | Senior Management | 2023 | - |
| Vijay Srirangan | Chairman | Non Executive Board | 2022 | - |
| Hardeep Singh Ahluwalia | Director | Executive Board | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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