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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.
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.
Karnataka Bank Herohalli Branch is located on 7th main road, Bharathnagar 2nd Phase.There are Canara and SBI Banks in the 1st Phase. This layout also has the popular Swathi Hotel in its 1st Phase. 241D is the direct BMTC bus route to Kempegowda Bus Station (Majestic) and 241N is the direct BMTC bus route to Krishnarajendra Market (KR City Market).
Bangalore CBD, MG Road is seen. The central business district of Bengaluru is the area within a 6 km radius around Vidhan Soudha. [citation needed] This is the center of Bangalore and was founded by Kempegowda of the Vijayanagara Empire.
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 the government of India. It was headquartered in the university town of Manipal, India. On 1 April 2020, the bank was merged into Canara Bank.
Traditionally known as the home of Bangalore University, the area also has the National Law School of India University, Dr. Ambedkar Institute of Technology and Dr. BR Ambedkar School of Economics. Nagarabhavi 1st stage comprises the localities of Maruthinagara, Kalyana Nagara, Nagarabhavi Village, Canara bank Colony, Bhairaveshwara Nagar and ...
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
The people of the village are completely agrarian in their occupation. There is a branch of Canara Bank in the village. [1] The provincial government has started a ₹ 400 crore (US$48 million) project on 1,595 acres of land called Badanaguppe-Kellamballi Industrial Estate which will include sectors like automobile, food processing, textiles, leather, granite and agriculture related industries.