Canara Hindu Permanent Fund’ – nobody would have had a faintest idea that it
would grow to a financial powerhouse named Canara Bank and would be ranked 11th amongst the best in the business. However, with unrelenting focus on customer orientations and its adaptability to change, Canara Bank, today, has evolved as one of the leading banking institutions in the country.
would grow to a financial powerhouse named Canara Bank and would be ranked 11th amongst the best in the business. However, with unrelenting focus on customer orientations and its adaptability to change, Canara Bank, today, has evolved as one of the leading banking institutions in the country.Inculcating a distinct culture of its own, the bank epitomises a perfect mix of social and commercial banking. Focus on infrastructure lending and global operations, along with a thrust on social sector, has helped the bank in carving a niche for itself. Be it any business, Bangalore based Canara Bank has never lagged behind in entering newer pastures. Strategic alliances or takeovers, the bank has grazed through each scenario successfully. Its recent Joint Ventures in Insurance and Mutual Fund segments, with global majors, say it all. An insistent focus on asset quality, supported by prudent risk management, the bank has been able to bring down its net NPAs to net advances ratio to 0.94 in March 2007.
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Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Read more:-
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